To : MSC Valued Clients
From : MSC HK Ltd.
Date : 14th March, 2011

Dear Valued Clients,

This serves to advise that the Bunker Adjustment Factor (BAF) will be adjusted to below quantum for all shipments exporting from Hong Kong, South China and Taiwan to South Africa, East Africa, Indian Ocean, Angola, Mozambique with details as below:-

Quantum
USD 575 per TEU
Effective date (against bill of lading date)
1st April, 2011
Using this opportunity, we would like to express our sincere appreciation for your continual support. Please do not hesitate to contact us if we could be of any assistance.

Yours sincerely,
MSC (HK) Ltd
As Agent for Mediterranean Shipping Company S.A