DATE : 24^TH August, 2011

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: Revised Bunker Adjustment Factor (BAF) for MEXICO, EAST & WEST COAST SOUTH AMERICA (WEF 1^ST SEP, 2011)

Please be advised that in accordance with the established review procedures, the Bunker Adjustment Factor

(BAF) for Mexico, East & West Coast South America (AESA & WCSA) shipments will be adjusted as below:

For Mexico shipment – USD702/TEU

For East & West Coast South America - USD810/TEU

We take this opportunity to thank for your valuable support and look forward to having your unchanged

patronage in future. Should you have any further queries, please feel free to contact our Customer Service

Team.

Customer Service AAL

Hotline : (+852) 2861 5433, (+86-755) 8832 2090

Email : hkglcsvaal@szxdc.hk.kline.com

Thanks for your kind attention.

Best Regards.

Yours faithfully,

Sales Administration Team

For and on behalf of “K” Line (Hong Kong) Ltd