IN THE NORTH EAST ASIA TO AUSTRALIA TRADE

ASIA-AUSTRALIA DISCUSSION AGREEMENT

Reflecting the recent increase in the price of oil at Hong Kong and South Korea, the member lines of the AADA wish to advise that in accordance with the established review procedures, the bunker surcharge level for shipments from China, Hong Kong, South Korea and the Philippines to ports in Australia is to be adjusted to US$575 per TEU and US$1150 per FEU for dry and refrigerated containers with effect from 18 th July 2008. For shipments from Taiwan, the revised bunker surcharge will apply from 2 nd August 2008.

Customers requiring further information concerning the bunker surcharge are advised to contact the member lines.

AADA members have adopted voluntary policy guidelines and have reached a non-binding consensus on the above arrangement.

AADA members are:-

ANL Container Line China Shipping Container Line (HK)

COSCO Container Line Hamburg Sud (HSDG)

Hanjin Shipping Hyundai Merchant Marine

Kawasaki Kisen Kaisha (“K” Line)

Maersk Line Mediterranean Shipping Co. (MSC)

Mitsui O.S.K. Lines (MOL Line) Nippon Yusen Kaisha (NYK Line)

Orient Overseas Container Line (OOCL)

Gold Star Line (HK) (Zim Line)

Dated at Hong Kong 2 nd July, 2008