Revenue Restoration Program 
                                            Asia Europe Trade ( Westbound )


Dear Valued Customer,

The ocean freight rate for Asia Europe Trade has been below the required level to cover basic operating costs for an extended period. Considering that the need to provide sustainable services for the long term, we are announcing a revenue restoration program.

With effect from July 1 2012, freight rate for westbound traffic from Asia to Europe will be increased by USD 400 per TEU. It covers shipment from the Far East ( including Japan ), India Sub-Con and Middle East to North Europe, the Mediterranean and the Black Sea.

For further information, please kindly contact our local Sales Representatives.

Thank you for your understanding and continued support to OOCL.