MAXIMUM TARIFFS TERMINAL CONTAINERS

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MAXIMUM TARIFFS TERMINAL CONTAINERS Company: TCV STEVEDORING COMPANY, S.A. Geographical area: Puerto de Valencia Entry into force: 1 ST January Avda. Muelle del Turia, s/n 46024 Valencia España Tel. +34 96 393 95 00 Fax +34 96 393 95 99 www.valenciaport.com

SHIPPING OPERATIONS LO-LO VESSELS - CONTAINERS A FROM STOWED ON VESSEL to TERMINAL or vice versa Full 20' container Full 40' container Empty 20' container Empty 40' container 81.81 per unit 104.87 per unit 68.51 per unit 86.33 per unit B MOVES Aboard/Aboard Full 20' container Full 40' container Empty 20' container Empty 40' container 63.06 per unit 80.70 per unit 52.78 per unit 66.56 per unit C MOVES Aboard/Ashore/Aboard Full 20' container Full 40' container Empty 20' container Empty 40' container 126.13 per unit 161.40 per unit 105.56 per unit 132.97 per unit D TRANSHIPMENTS IN THE SAME TERMINAL Full 20' container Full 40' container Empty 20' container Empty 40' container 67.27 per unit 86.08 per unit 56.30 per unit 70.92 per unit E OPENING/CLOSING HATCHES Moves Aboard/Aboard Moves Aboard /Ashore/Aboard 63.06 per unit 126.13 per unit F INACTIVITY WAITING TIME Inactivity, due to vessel or goods 267.90 per hour per team G OTHER ADDITIONAL CONCEPTS Minimum number of moves per call (20' full containers) 40 units Containers to be handled without spreader: Surcharge: 50% 1

SHIPPING OPERATIONS RO-RO VESSELS From stowed on vessel to terminal or vice versa CLASSIFICATION per tonne Group 1 Semi-trailer - Mafi-type tractor 9.94 per tonne Maximum tariff to be applied in classification per unit see G-10 and 11 Group 2 Cars, vans (up to 3 tonnes) 17.68 per tonne Group 3 Vehicles, lorries, public works machinery (over 3 tonnes) 9.97 per tonne Group 4 Loading units of up to 1,000 kg 17.27 per tonne Group 5 Loading units of over 1,000 kg 12.36 per tonne Group 6 Break bulk and bulk loading units 20.52 per tonne in consignments of less than 30 tonnes Group 10 Mafis, flatbed trailers and wheeled equipment (< 6 lm) 95.33 per unit Group 11 Mafis, flatbed trailers and wheeled equipment (over 6 lm) 147.87 per unit Group 12 Full 20 containers 62.31 per unit Full 40 containers 77.59 per unit Empty 20' containers 44.10 per unit Empty 40' containers 63.84 per unit Moves CLASSIFICATION per unit Aboard / Aboard Aboard / Ashore / Aboard 0.85 times the tariff 1.75 times the tariff Inactivity Due to vessel or goods 283.97 per hour per team Transhipment Rebates on each operation of 15% 2

SHIPPING OPERATIONS LO-LO VESSELS - CONVENTIONAL CARGO Cranes and mechanical equipment up to and including 40 tonnes FROM VESSEL S HOLD TO QUAYSIDE OR VICE VERSA Tariff Discharged / CLASSIFICATION Loaded 1 PALLETISED AND PRE-SLUNG GOODS a Palletised goods (with unit weight up to 1 tonne) 56.06 per tonne b Palletised goods (with unit weight from 1-3 tonnes) 34.88 per tonne c Palletised goods (with unit weight over 3 tonnes) 25.60 per tonne 2 IRON AND STEEL PRODUCTS, etc. 18.07 per tonne (sheets, capping beams, crane rails, laminated profiles, piping, metal structures) 3 FOREST PRODUCTS a Sawn timber bundles 24.90 per tonne b Log bundles 21.70 per tonne 4 MACHINERY, VEHICLES AND WHEELED ELEMENTS 36.43 per tonne 5 PAPER (Reels, pulp, etc. ) COTTON (Bales ) Conventional handling Automatic handling 21.47 per tonne 12.37 per tonne 6 SACKS 65.86 per tonne 7 DRUMS 43.60 per tonne 8 CRATES 69.28 per tonne 9 OTHER GOODS Bulky goods and goods in consignments of under 50 tonnes 67.97 per tonne ADDITIONAL SERVICES GOODS TRANSHIPMENT (Rebate on each operation) 15% INACTIVITY (due to vessel or goods) MOVES Aboard / Aboard Aboard /Ashore/Aboard 1.5 times the tariff 2 times the tariff 365,77 per hour per tea LASHING / UNLASHING Same tariff applied as in containers N.B.: For consignments over 500 tonnes - special tariff 3

TABLE OF SURCHARGES All the tariffs are calculated for normal working days, Lo-Lo vessels the following surcharges will be applied to all other times Containers Conventional Ro-ro vessels Monday to Friday, working days from 08.00-14.00 and 14.00-20. 0% 0% 0% Monday to Friday, working days from 20.00-02.00 35% 45% 35% Public holiday night through to working Monday from 02.00-08.00 75% 76% 75% From Tuesday to Saturday, working days from 02.00-08.00 55% 145% 55% Saturday (non-public holiday) from 08.00-14.00 0% 16% 0% Saturday (non-public holiday) from 14.00-20.00 55% 76% 55% Saturday and day before public holiday 20.00-02.00 75% 115% 75% Sundays and public holidays from 02.00-08.00 95% 150% 95% Sundays and public holidays from 08.00-14.00 55% 76% 55% Sundays and public holidays from 14.00-20.00 75% 115% 75% Sundays and public holidays from 20.00-02.00 90% 145% 90% 4

GROUND OPERATIONS CONTAINERS a From vehicle to terminal or vice versa (lorry, train, etc.) Full 20 containers Full 40 containers Empty 20' containers Empty 40' containers Transhipment containers Port of Valencia 15% reduction b Review of container positioning and other internal moves 37.59 per unit 46.65 per unit 28.71 per unit 36.88 per unit Full 20 containers Full 40 containers Empty 20' containers Empty 40' containers c Reefers (connection and temperature control) 41.83 per unit 49.01 per unit 22.83 per unit 29.38 per unit per container per day 54.48 per unit per day d Container monitoring Damage control Seal control e Container weighing f A move in the terminal plus per unit Moves without automatic spreader Handling surcharge 50% g Storage - CONTAINERS (In per TEU per day) 5.54 per unit 5.54 per unit 4.20 per unit Full containers Days 1 & 2 Exempt Days 3-10 0,905 Days 11-30 0,905 Days 31-60 0,905 +`60 days 0,905 Empty containers Days 1 & 2 Exempt Days 3-10 0,905 Days 11-30 0,905 Days 31-45 1,810 +`45 days 3,620 For container transhipments in the same terminal: 40% rebate Should the PAV increase its tariffs, this will involve an automatic increase in these storage tariffs. 1. (Board of Directors 24/07/07) Approval of maximum storage tariffs for import TEUs at the Port of Valencia s container terminals, for their compulsory application. PERIOD TEUS (EUROS/DAY) Days 1-4 0.00 Days 5-7 1.57 Days 8-18 3.14 Days 19-30 10.00 Over 30 days 30.00 2. (Board of Directors 12/11/07) Approval of the following tariff issues: 2.1 The tariffs shall be applied from 1st January 2008. 2.2. The approved maximum tariffs, which are compulsory for the terminals, shall be applied to all the containers located in the terminal on the day the tariffs come into force, irrespective of the date the containers entered the terminal. 2.3. The modification of the second paragraph of the first agreement reached by the Board of Directors on 24th July 2007, so it reads as follows: 2.3.1. A maximum tariff of 2.00 per TEU per day shall be applied to abandoned import containers from the day they entered the port, provided that they obtain the corresponding declaration of abandonment. To this end, the terminal will have to be notified that Customs has started the abandonment procedure so this tariff can be applied. 2.3.2. Accordingly, if a container is not finally classed as being abandoned, and during the documentary goods abandonment procedure, the container is released for consumption, the standard tariff shall be applied from the date the container entered the terminal. Likewise, when the container is declared as being abandoned, the amount to be invoiced will be regularised from the date the container entered the port. 5

GROUND OPERATIONS AND WAREHOUSE CONVENTIONAL CARGO Cranes and special handling equipment excluded 1 Goods receiving/delivery Non-palletised conventional cargo Bulky goods (Under 15 kg and/or over 3.5 m3/tonne) Palletised goods (up to 3 tonnes unit weight) Palletised goods (over 3 tonnes unit weight) Vehicles, lorries and wheeled elements (Released and/or accepted by own means) Machinery, vehicles, lorries, etc. Other mechanised goods 2 Container discharge/loading An internal container move plus: Manual handling of conventional cargo Palletised goods Conventional cargo Reefer goods 19,21 per tonne 25,35 per tonne 9,13 per tonne 6,89 per tonne 3,85 per tonne 6,08 per tonne 5,19 per tonne 25,35 per tonne 15,12 per tonne 21,54 per tonne 44,22 per tonne 3 Pallets and tarpaulins Pallet rental Standard size tarpaulins Non-standard size tarpaulins 0,17 per unit per day 1,22 per unit per day 7,71 per unit per day 4 Goods sorting For mechanised goods 5 Storage and surveillance service Storage and surveillance service 6 Goods lashing in containers An internal container move plus: Unit price per TEU excluding lashing equipment 12,17 per tonne 12,17 per person per hour 121,7 per TEU 7 Storage CONVENTIONAL CARGO (In per TEU per day) STORAGE AREAS / INTERVALS DAYS 1-2 DAYS 3-10 DAYS 11-30 DAYS 31-60 + 60 DAYS AREA I - OPEN EXEMPT 0.02489 0.09957 0.19913 0.39826 AREA I - ROOFED EXEMPT 0.06664 0.26656 0.53312 106.623 AREA I - WAREHOUSE EXEMPT 0.09634 0.38534 0.77061 154.137 AREA II - OPEN EXEMPT 0.01764 0.01764 0.01764 0.01764 Should the PAV increase its tariffs, this will involve an automatic increase in these storage tariffs. 6

LASHING / UNLASHING FROM / TO EUROS HOMBRE / TURNO From Monday 02.00 to Saturday 14.00 02.00-08.00 440,27 02.00-09.00 493,53 08.00-14.00 310,58 08.00-15.00 329,11 14.00-20.00 310,58 14.00-21.00 338,38 14.00-22.00 393,95 20.00-02.00 366,16 20.00-03.00 412,48 20.00-04.00 477,33 Saturdays 08.00-14.00 338,38 08.00-15.00 384,69 14.00-20.00 412,48 14.00-21.00 487,04 14.00-22.00 582,93 20.00-02.00 532,90 20.00-03.00 625,77 20.00-04.00 727,12 Sundays and public holidays 02.00-08.00 688,98 02.00-09.00 791,73 08.00-14.00 412,48 08.00-15.00 503,89 14.00-20.00 513,30 14.00-21.00 653,46 14.00-22.00 803,83 20.00-02.00 608,40 20.00-03.00 645,48 20.00-04.00 696,65 Sundays / public holidays through to working day 02.00-08.00 472,38 02.00-09.00 530,74 Normal working day through to public holiday 20.00-02.00 505,46 20.00-03.00 597,74 20.00-04.00 690,38 Public holiday to public holiday 20.00-02.00 677,78 20.00-03.00 799,29 20.00-04.00 920,80 20.00-08.00 743,72 20.00-09.00 868,39 7

SURCHARGE FOR THE IMPLEMENTATION OF THE ISPS CODE Full import-export container 5.99 per container 8