2 February 2009

To all our valued Sofrana customers:

Since our last review, we have seen oil prices reach a peak and in the past few months steadily decline to lower levels.

We have now completed a review of our BAF, from Australia to Wallis & Futuna and accordingly wish to advise that effective from late February 2009, the BAF will be decreasing by AUD200 per TEU, to:

BAF: AUD700 per 20’ AUD1400 per 40’

The new baf will come into effect from the following vessel/voyages: -

Capitaine Tasman V133 connecting to the Southern Pasifika V165 arriving Wallis 19/03/2008 & Futuna 21/03/2008.

Should you have any queries or require additional information, please contact your nearest Sofrana representative throughout the service network.

Yours faithfully Sofrana Unilines NZ Ltd