DATE : 9 July 2008

To : Our Valued Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: REVISED BUNKER ADJUSTMENT FACTOR (BAF) AND CURRENCY ADJUSTMENT FACTOR (CAF) FOR ISRAEL

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

Factor (BAF) and Currency Adjustment Factor (CAF) for shipments to ISRAEL will be adjusted as below:

ISRAEL BAF (wef 15/06/08 – 14/07/08) BAF (wef 15/07/08 – 14/08/08)

20’ USD506 USD542

40’ / 40’HQ USD1012 USD1084

CAF (wef 15/07/08 – 14/08/08)

zero

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

EURMED.

Customer Service EURMED

Tel : 2861-5401, 2861-5402, 2861-5403, 2861-5404, 2861-5408, 2861-5409

Email : hkgleurmed@hk.kline.com

Thanks for your kind attention.

Best Regards.

Yours faithfully,

For and on behalf of

“K” Line (Hong Kong) Ltd