Date: Tuesday, December 21, 2004

Re:	U.S. South Europe Conference (USSEC) - WB GRI

Dear NASA Member:

Against the background of increased costs in many areas of operation and the need to provide customers with sustainable and reliable services, the United States South Europe Conference (USSEC) wishes to announce the implementation of a Westbound Tariff General Rate increase program, in three stages, as follows:

Westbound: Dry Van and Temperature Controlled Containers

Effective April 1, 2005
$400 per 20ft container
$500 per 40/45ft container

Effective July 1, 2005
$160 per 20ft container
$200 per 40/45ft container

Effective October 1, 2005
Details to be advised nearer to the time with due advance notice.

The Members of USSEC are:

A.P.Moller-Maersk Sealand
Hapag Lloyd Container Linie GmbH
P&O Nedlloyd Ltd.

Best regards,

North American Shippers Association (NASA)
Joan Barrett
NASA Administrator