August 2014 | Shipping Schedule Changes

26 January 2009

NOTICE TO OUR VALUED CUSTOMERS

COOK ISLANDS & NIUE CABAF REVIEW

To: Our Valued Customers

We have just completed a review of bunker and currency adjustment factors,

reflecting recent movements in fuel prices and exchange rates. We are pleased to

be able to advise an overall reduction in freight rates of just over 12%, made up as

follows:

BAF now +20.2%

CAF now +9.4%

Total now +29.6% (was previously 41.7%)

This reduction will take effect for Southern Express V115, ETD Auckland 26 February

2009.

We will, of course, notify you of any further changes if they arise, and will in any

event be undertaking a further review within the next six months.

Should you require any further information, please do not hesitate to contact your

nearest Cooltainer office.

Kind regards

Gordon Fullard

Trade Manager – PI & PNG

14 Settlers Crescent, Ferrymead, 8023

P O Box 1044, Christchurch 8140

New Zealand

Ph: +64 3 379 2270

Fax: +64 3 379 2536