Re: Bunker Adjustment Factor (BAF) / Currency Adjustment Factor (CAF) – March 2008

This serves to inform that the Bunker Adjustment Factor (BAF) and the Currency
Adjustment Factor (CAF) will be adjusted to below quantum for all shipments moving
from Hong Kong, South China and Taiwan on our Silk, Lion, Jade, Dragon, Tiger and
Phoenix Service Westbound (except for South America East Coast (SAEC) destinations).

Bunker Adjustment Factor (BAF)

To UK, North West Continent, Baltic Sea Region, Portugal and Scandinavia:

Quantum: USD 461 / 922 / 922 for 20’ / 40’ / 40’HQ

Baltic Sea Region includes the following countries/ports:
Denmark (Aarhus, Copenhagen)
Sweden (Goeteborg, Helsingborg, Malmoe, Stockholm, Norrkoeping, Gaevle, Soedertaelje, Vaesteras)
Poland (Gdynia, Gdansk)
Estonia (Tallin, Muuga)
Latvia (Riga)
Lithuania (Klaipeda)
Russia (St. Petersburg, Kronstadt, Kaliningrad)
Finland (Helsinki, Kotka, Rauma, Turku, Oulu, Hamina, Hanko, Kemi, Mantyluoto, Tornio)

To Mediterranean, Black Sea, North Africa and West Africa:

Quantum: USD 456 / 912 / 912 for 20’ / 40’ / 40’HQ

Currency Adjustment Factor (CAF)

Quantum: + 14.60% (Not applicable to West Africa)

Effective Date 01st March, 2008 (against bill of lading date)

Thank you for your kind attention. Please feel free to contact us if we could be of any assistance.

Best regards,
Customer Service Representative
Europe / Mediterranean Service
Hong Kong and South China
Mediterranean Shipping Company (Hong Kong) Limited