SHIPMENTS TO SOUTH EAST ASIA

AUSTRALIA TO SOUTH EAST ASIA TRADE FACILITATION AGREEMENT (TFG)

In an effort to improve the viability of services necessary to efficiently cater for the carriage of exports to South East Asia, the TFG members wish to advise that from 1 st July 2008, they will be seeking to apply a freight rate increase of US$100/unit on shipments destined to South East Asia.

The Australian Peak Shippers' Association has been notified of members' intentions in this regard.

For and behalf of : ANL, APL, DJL, Gold Star Line, Hyundai, K Line, Maersk Line, MISC, MOL, NYK, OOCL, PIL, RCL.

TFG member lines have adopted voluntary policy guidelines and have reached a non-binding consensus in introducing this rate restoration.

TFG Secretariat

May, 2008