1. TRIESTE THE SOUTHERN PORT OF CENTRAL EUROPE

2. MSC in brief Founded in 1970 Privately-owned World’s 2nd largest container carrier 450 Container vessels* 2,194,000 TEUs Intake Capacity* * Latest figures, end-May 2012 2

3. MSC Now; a Global Carrier 6 Continents 162 Countries 200 Routes 310 Ports of Call 479 Agency Offices 37,500 employees 13,100,000 TEUs carried 3

4. MSC, an established Global Carrier MSC is one of a few carriers able to offer worldwide coverage with one MSC Bill of Lading, allowing the rapid movement of goods through dedicated transhipment hubs, which provide swift connections and on-carriage services. MSC is also a leading provider of services with direct ports of call, covering the six continents. 4

5. MSC Growth-2011 5

6. Trieste Israel IMPORT ASHDOD TRIESTE: 4 DAYS HAIFA TRIESTE: 5 DAYS IMPORT ASHDOD TRIESTE: 4 DAYS HAIFA TRIESTE: 5 DAYS EXPORT TRIESTE ASHDOD: 9 DAYS TRIESTE HAIFA: 8 DAYS Routing: HAIFA, ASHDOD, KOPER, TRIESTE, VENICE, RAVENNA TRIESTE

7. MSC Logistics Over 1,600 inland depots, our own trucks and dedicated shuttle trains to support your worldwide operations. 7

8. The intermodal links fm Trieste to Central Europe and viceversa BAVARIA MILANO

9. The intermodal links Trieste Bavaria Trieste BAVARIA ULM

10. The intermodal links Trieste Austria Trieste GRAZ VILLACH WOLFURT

11. The intermodal links Trieste Hungary Trieste

12. The intermodal links Trieste Slovakia Trieste

13. The intermodal links Trieste Czech Republic Trieste

14. The intermodal service Trieste- Milano-Trieste MILANO

15.  SLOVAKIA: THE SERVICE IS PERFORMED BY USING BLOCK TRAINS FM/ TO WIEN OR BUDAPEST TERMINALS. DOOR DELIVERY FM/TO ALL INLAND POINTS IN SLOVAKIA IS ARRANGED VIA TRUCK  BAVARIA: THE SERVICE IS PERFORMED BY USING BLOCK TRAINS FM/ TO MUNICH OR ULM TERMINAL. DOOR DELIVERY FM/TO ALL INLAND POINTS IN GERMANY IS ARRANGED VIA TRUCK  HUNGARY: THE SERVICE IS PERFORMED BY USING BLOCK TRAINS FM/TO BUDAPEST TERMINAL. DOOR DELIVERY FM/TO ALL INLAND POINTS IN HUNGARY IS ARRANGED VIA TRUCK  CZECH REPUBLIC: THE SERVICE IS PERFORMED BY BLOCK TRAINS FM/ TO WIEN. DOOR DELIVERY FM/TO ALL INLAND POINTS IN CZECH REPUBLIC IS ARRANGED VIA TRUCK  AUSTRIA: THE SERVICE IS PERFORMED BY BLOCK TRAINS FM/ TO VILLACH, WIEN, SALZBURG,LINZ, WOLFURT ETC. DOOR DELIVERY FM/TO ALL INLAND POINTS IN AUSTRIA IS ARRANGED VIA TRUCK.  MILANO: THE SERVICE IS PERFORMED BY BLOCK TRAINS FM/ TO MILANO PIOLTELLO DOOR DELIVERY FM/TO ALL INLAND POINTS IN NORTH WEST ITALY (LOMBARDIA AND PIEMONTE) IS ARRANGED VIA TRUCK. SERVICE INFORMATION:

16. WEEKLY SCHEDULED BLOCK TRAINS Trains frequency can be further increase on demand COUNTRY FREQUENCYTRANSIT TIMEMTO AUSTRIA5 COUPLE TRAINS WEEKA-BINTERCONTAINER AUSTRIA CZECH REPUBLIC 5 COUPLE TRAINS WEEK VIA WIEN (AUSTRIA) A-CALPE ADRIA GERMANY 5 COUPLE TRAINS WEEK (4 VIA MUNICH PLUS 1 VIA ULM)A-B TRIESTE MARINE TERMINAL HUNGARY 2 COUPLE TRAINS WEEK A-B TRIESTE MARINE TERMINAL SLOVAKIA 5 COUPLE TRAINS WEEK VIA WIEN (AUSTRIA) OR 2 VIA BUDAPEST (HUNGARY) A-CALPE ADRIA MILANO 2 COUPLES TRAINS WEEK (INBOUND Tuesday+Optional Wednesday, OUTBOUND Wednesday+ optional Thursday) A-BALPE ADRIA

17.  the shortest way Israel/Central Europe/Israel  no port congestion  commercial advantages as “Free Port Zones”  very fast custom procedures  efficient and reliable services  competitive rates TRIESTE OFFERS: Opportunities

18. Custom procedure and local charges. Special procedure for containers in transit to inland countries (Germany, Austria, Hungary) Msc is taking care of the TCC (transit custom clearance), which covers the port dues and the transit document up to rail terminal of arrival where receiver can perform custom clearance via EDI. T1 is needed only in case, on customer’s request, custom clearance has to be performed at a different custom office from the rail terminal of arrival. Only for Czech Republic and Slovakia and for the time being since cargo is en-routed via Wien T1 doc is needed Local charges at Trieste: TCC + ISPS ONLY

19. Why MSC? Private and independent company Lack of bureaucracy Dynamic leadership Stable & experienced shipping Management structure Quick decision making Responsive flat Management structure Highly motivated key management team Lean & cost-effective organisation Low Head Office overheads Decentralized agency structure Accountability for local action 19

20. Why MSC? Global reach World’s 2nd largest container carrier Economies of scale due to size of our ships and scope of business Comprehensive network of worldwide services Customer focused Award winning customer service Local dedicated Offices Flexibility 20