27 March 2009

SOFRANA UNILINES (NZ) LtdCnr Mayoral Dr and Queen St Auckland NEW ZEALANDPhone : (64 9) 356-1400 Fax : (64 9) 356-1429

Wallis & Futuna trade update

Further to our most recent update, we can advise that repairs to the Southern Pasifika’s crankshaft and main engine are anticipated to take another three weeks minimum causing unacceptable delays to our customers. Therefore the decision has been made to return the ship to her owners. With short notice, we could not identify a vessel with the adequate size to perform the Southern Pasifika’s rotation and also safely berth at Wallis and Futuna.

We have therefore decided to use the Southern Trader (currently on the NZ to Papeete trade) on a shorter rotation and use a feeder to service Wallis & Futuna from Fiji.

The next departure from New Zealand to Wallis will now take place one week later than originally anticipated and the Southern Trader “voyage 166” rotation will be as follows: Auckland 08/04, Noumea 13/04-14/04, Vila 16/04-17/04, Suva 20/04.

In Suva, cargoes bound for Wallis & Futuna will be transhipped on the Southern Tiare calling Suva on 20/04, Wallis on 23/04, Futuna on 25/04.

From Southern Trader “voyage 167” onwards, the rotation will be slightly modified by calling Fiji before Vanuatu in order to improve the overall transit time to Wallis & Futuna. The Southern Trader “voyage 167” forward schedule will be: Auckland 24/04, Noumea 29/04, Lautoka 02/05, Suva 03/05, Vila 05/05-06/05, Santo 07/05, Auckland 12/05.

In Suva, cargoes bound for Wallis & Futuna will be transhipped on the Southern Tiare or substitute who will call Suva on 03/05, Wallis on 06/05, Futuna 08/05.

We appreciate that our service to Wallis & Futuna has not been up to speed recently. By reducing our transit time from Auckland to Suva from voyage 167 onwards, we expect to deliver a faster transit time to Wallis & Futuna. The overall frequency will also be improved with a sailing every 18 days.

Sofrana Unilines (NZ) Ltd