Member Lines wish to inform their customers that following the monthly caf review, a Currency Adjustment Factor (CAF) of + 20.64% will apply with effect from 1st June to 30th June 2008.

The next review period will be May 2008, the result of which will become effective from 1st July 2008.

BUNKER ADJUSTMENT FACTOR

IPBCC Member Lines wish to advise their customers that following the monthly review of bunker costs, the following levels will apply with effect from 1st June 2008:

From/to UK, North West Continent, Scandinavia and the Baltic:

FCL Cargo: USD 370.00 per TEU
LCL Cargo: USD 37.00 W/M
Breakbulk Cargo: Plus 103%

From/to the Mediterranean

FCL Cargo: USD 350.00 per TEU
LCL Cargo: USD 35.00 W/M
Breakbulk Cargo: Plus 99%

Member Lines will continue to monitor bunker costs and the level of BAF will be kept under regular review.

Further details may be obtained from Member Lines' offices.

On behalf of Member Lines of IPBCC