We are pleased to inform you that the Corporate Finance steering committee of the Federal Government of Germany has promised at its meeting on Sept.28th 2009 'a positive vote for the guarantee application of Hapag-Lloyd AG, Hamburg.

What now remains to be completed is the formal consideration of the budgetary committee of the Federal German Parliament this Wednesday, Sept.30th 2009.

Along with the cost saving package decided by our Executive Board, other financial and liquidity measures as well as the line of credit secured by this deficiency guarantee, the basis has been created for steering Hapag-Lloyd safely through this deepest crisis of the world economy.

You, as our customer, therefore have the necessary security and can depend as in the past on our comprehensive liner network, reliable service and customer-oriented organisation.

Kindly contact us should you require any further information. We look forward to continuing our successful partnership with you.