K LINE ANNOUNCES NEW RATE RESTORATION PROGRAMS

K Line wish to announce the following rate restoration programs:

1) SOUTHBOUND RATE RESTORATION / JAPAN / CHINA / HONG KONG / TAIWAN & KOREA TO AUSTRALIA

Effective 1st April 2014, K Line will be implementing a rate restoration program from above countries to Australia.

The increase will be:

USD$ 500.00 PER 20' FCL

USD$ 1000.00 PER 40' FCL

2)SOUTHBOUND RATE RESTORATION / SINGAPORE / MALAYSIA / INDONESIA / PHILLIPINES / CAMBODIA / THAILAND / VIETNAM TO AUSTRALIA

Effective 1st April 2014, K Line will be implementing a rate restoration program from above countries to Australia.

The increase will be:

USD$ 200.00 PER 20' FCL

USD$ 400.00 PER 40' FCL