Dear valued clients

K Line wish to announce 2 increases in baf from China / Hong Kong / Korea / Taiwan to Australia.

Effective 26/2/11 the Baf will increase to: USD$ 475/20' USD$950/40'

Effective 26/3/11 the Baf will increase to: USD$ 525/20' USD$1050/40'

Yours faithfully

Loch M Fraser Logistics Pty Ltd