K LINE ANNOUNCEMENTS / BAF INCREASES / GENERAL RATE INCREASES

K Line wish to make the following anouncements:

Revision of baf:

** Effective 11th Septemeber 2009, the baf from China, Hong Kong, Taiwan, Japan, Korea to Australia will increase.

The new baf will be: USD$ 375/20' USD$ 750/40'

** Effective immediately the baf will increase from Singapore, Thailand, Malaysia, Indonesia, Phillipines, Vietnam to Australia.

The new baf will be: USD$ 460/20' USD$920/40'

Southbound rate restoration ex South East Asia:

Effective 15th September 2009, K Line will impose a rate restoration ex Singapore, Malaysia, Indonesia, Phillipines, Thailand, Vietnam to Australia.

The increase will be: USD$300/20' USD$600/40'