Papua New Guinea Vessel Ancillary Charge (VAC)

30th June 2012

Papua New Guinea Vessel Ancillary Charge (VAC)

Dear Valued Customers,

We have completed a review of the Vessel Ancillary Charge where it was identified that
a number of stevedoring costs have risen during the first half of 2012.

The review has determined our costs have increased at 12% where it is apparent we
cannot continue to absorb. The increases, which are mainly driven from the stevedoring
and high inflationary pressures faced in Papua New Guinea over the past few years.

Accordingly we have now revised our Vessel Ancillary Charge (VAC). With effect of
vessels arriving on or after the 15th of July the below VAC will apply for all ports:

Vessel Ancillary Charge (VAC)
20’ FCL: PGK 187.00/teu
40’ FCL: PGK 374.00/feu
Break-bulk: PGK 9.60/rt
LCL: PGK 9.60/rt

We appreciate your continued support. For further information please do not hesitate to
contact our local Sales Representatives.

Yours sincerely

Trade Management
Swire Shipping