Melbourne Port License Fee increases

29 June 2013

Dear Valued Customer,

Re: Increase of tariffs from 11 July 2013 re: Port License Fee in Melbourne.

The Victorian Government introduced the Port Management Amendment (Port of Melbourne Corporation License Fee) Bill 2011, which proposed that the Port of Melbourne Corporation (PoMC) be required to pay an annual Port License Fee, which was first levied to the Shipping Lines with effect from the 1st of July 2012.

PoMC has increased its tariffs by 5.2%. A major component of this adjustment is PoMC's requirement to recover the annual Port Licence Fee (PLF) of $75 million (which is escalated by CPI each year), that has been levied on PoMC by the Victorian Government. The increases therefore will be as follows.

Melbourne Port License Fee, applicable to all import discharge containers and export loading containers in Melbourne:

The effective date will be 11th of July 2013, based on shipment onboard vessel date (for export) and arrival date (for import).

Should you have any questions, please don't hesitate to contact your Account Manager. Our aim is to continue to deliver exceptional service to our valued customers 365 days of the year. Thank you in advance for your support.

Transtar Management