Dear Valued Clients

Please note below a VERY IMPORTANT trade announcement re 2010 business plan for shipments ex Japan / Korea / China / Taiwan / Hong Kong to Australia.

Member lines of the Asia Australia discussion agreement(AADA) wish to advise the trade that they have agreed on voluntary and non binding basis to implement the following rate restoration and peak season surcharges in 2010:

RR of USD$250/20' USD$500/40' ON 15TH JULY 2010

PSS of USD$300/20' USD$600/40' IN AUGUST 2010

RR of USD$250/20' USD$500/40' ON 15TH SEPTEMBER 2010

RR of USD$250/20' USD$500/40' ON 15TH OCTOBER 2010

As this announcement outlines some very important increases, Lmf will monitor very carefully the actual increases and advise our clients accordingly.

Yours faithfully,

Loch M Fraser Logistics P/L