Date: Friday, July 30, 2010 Re:  September BAF Unchanged (Europe/S.Africa/S.America/Oceania) BAF Unchanged for September 2010 Be advised that the BAF adjustment levels on imports will remain at current levels for September 2010. Europe*, South Africa to USA Based on IFO 380 Rotterdam rolling 3-month average Month Adjustment 20' 40' Jul 2010 BAF adjustment of $58 per TEU $231 $462 Aug 2010 No change, remains at $231 per TEU $231 $462 Sep 2010 No change, remains at $231 per TEU $231 $462 *Includes imports from all North European, UK, Scandinavian/Baltic and Mediterranean ports South America to USA Based on IFO 380 Houston rolling 3-month average Month Adjustment 20' 40' Jul 2010 No change, remains at $177 per TEU $177 $354 Aug 2010 No change, remains at $177 per TEU $177 $354 Sep 2010 No change, remains at $177 per TEU $177 $354 Australia, New Zealand to USA Based quarterly BAF average Quarter Adjustment 20' 40' Apr-Jun 2010 No change, remains at $520 per TEU $520 $1,040 Jul-Sep 2010 No change, remains at $520 per TEU $520 $1,040 Europe/South Africa and South America Bunker Adjustment Factor (BAF) is based on rolling three-month averages of the IFO 380 Rotterdam and Houston Fuel Indexes respectively. Adjustments to the BAF are made when the prior month's average exceeds +/- 15%. IFO 380 Rotterdam and Houston Indexes are published at www.bunkerworld.com. Click here for JF Hillebrand USA historical BAF information on imports.