Dear Valued Clients,

Please note the following important trade announcements from K Line Shipping:

Revision to Baf ex South East Asia:

Effective the 1st August 2010 the baf ex Singapore, Thailand, Malaysia, Indonesia, Phillipines, Vietnam to Australia will DECREASE.

The new baf will be: USD$520/20' USD$1040/40'

Revision to Baf:

Effective 16th July 2010 the baf ex China, Hong Kong, Japan, Korea to Australia will DECREASE.

The new baf will be: USD$400/20' USD$800/40'

Effective 31st July 2010 the baf ex Taiwan to Australia will DECREASE.

The new baf will be: USD$400/20' USD$800/40'

Yours faithfully,

Loch M Fraser Logistics Pty Ltd