ANNOUNCEMENT

                                                            Taiwan to Middle East
                                                            Rate Restoration (RR)

Dear Customers,

This is to advise that with effect from 1st April, 2012, the Rate Restoration (RR) for all DRY shipments will be applied as follows:

USD 400 Per 20'
USD 800 Per 40'
USD 800 Per 40' HQ

Based on shipment on-board date.

Should you have any queries, please feel free to e-mail us at [email protected] or contact our Sales Representatives.