1. CMA-CGM Trying to Make a Success Story in the Dynamic HKG & S.China Market HKTDC Marseille 28 Octobre 2004

2. Présentation de CMA-CGM - Un mega «global carrier», -Un acteur majeur du transport maritime à Hong- Kong & en Sud-Chine, -Des projets d’investissement importants, Hong-Kong & Shenzhen : - Le plus grand port pour couvrir « l’usine du monde » - Opportunités pour l’avenir. Sommaire

3. CMA CGM HUGO

4. FORT ST LOUIS

5. CMA CGM: a global carrier TOP CARRIERS (static capacity) MSL 916 000 12,2 % MSC 536 000 7,2 % Evergreen 458 000 6,1 % P&ONed 420 000 5,6 % CMA CGM 318 000 4,2 % Hanjin 284 000 3,8 % APL 277 000 3,7 % NYK 253 000 3,4 % COSCO 236 000 3,2 % CP SHIPS 208 000 2,8 % Ctnrs carried (in thousand of teus) 1998 1999 2000 2001 2002 2003 Turnover (in millions of Euros) Turnover in 2003 3,023 billion Euros Teu carried in 2003 2 866 000 teus Teu carried in 2004 (estimated) 3 200 000 teus Operated vessels 160 (of which 31 CMA CGM owned) Total capacity 306 212 teus Container fleet 662 000 teus (of which 298 000 owned) Lines and services 70 Worldwide agency network 290 Staff members worldwide 6250 Staff members in France 2590 CMA CGM RANKING: 1st FRENCH shipping line 4th shipping line in EUROPE 5th shipping line WORLDWIDE 1999 2000 2001 2002 2003 Group Net Earnings (in millions of Euros) estimated

6. CMA CGM: a major player from Asia/China to Europe/ Usa trades Asia Europe Trade: Weekly capacity: 2003 11 000 teu/wk10% market share 2004 20 000 teu/wk 13.5% market share 2005 22 000 teu/wk 14% market share 2006 26 000 teu/wk15% (estimated fefc share) 2007 28 000 teu/wk 16% (estimated fefc share) 70% of our West-bound volumes originated from PRC/China ! Asia USA Trade: Weekly capacity: 2003 3 700 teu/wk 2004 6 500 teu/wk 2005 8 800 teu/wk 2006 13 200 teu/wk 2007 17 500 teu/wk

7. 9 BRANCHES, 30 COMMERCIAL OFFICES IN CHINA New offices to be opened in 2004 : 14 South China: Putian - Zangzhou – Ningde – Suming – Jiangmen – Zuhai - Zhangjiang Central China: Chengdu - Jiaxing – Nanchang - Haimen North China: Qinghuangdao – Tangshan - Changchun South China:14 Central China:15 North China:10

8. TEU % existing 1CSG240 000 110 % 2CMA CGM210 000 64 % 3COSCO130 000 56 % 4MSC300 000 54 % 5 MSL300 000 33 % 6EVERGREEN152 000 33 % 7P&ONL135 000 30 % Shipyard Order Book CMA CGM: investing in vessels CMA CGM NEW BUILDING DELIVERY 2004: 3 x 8 200CMA CGM owned 8 x 5 750CMA CGM owned 1 x 2 500Long Term Chartered 2005: 1 x 8 200CMA CGM owned 5 x 2 500of which 1 CMA CGM owned & 4 Long Term Chartered 2006: 11 x 8 200of which 7 CMA CGM owned & 4 Long Term Chartered 7 x 2 800of which 4 CMA CGM owned & 3 Long Term Chartered 2 x 2 000Long Term Chartered 3 x 1850of which 1 CMA CGM owned & 2 Long Term Chartered 2007: 2 x 8 200Long Term Chartered 8 x 5 100CMA CGM owned 4 x 4 250Long Term Chartered 2 x 2 800Long Term Chartered Grand Total: 57 vessels

9. Hong Kong Container Throughput 1990 ~ 2003 (Hong Kong Terminal in ‘000 TEUs) * * Preliminary

10. Source : BNP Prime Perregrine Report-2000 Hong Kong Port & Maritime Board Various Press * Throughput including other facilities Shenzhen Container Throughput 1990 ~ 2003 (Shenzhen Terminal/Ports in ‘000 TEUs)

11. Major and Prospective Infrastructure Projects in Hong Kong / South China 1.Container Terminal 10 2.Dachan Container Terminal Project (West Shenzhen) 3.Disneyland on Penny Bay, Lantau Island Phase 1 planned for operational in 2005. First year 5 Mn. Visitors. Phase 1 planned for operational in 2005. First year 5 Mn. Visitors. 4.Logistics Park on Lantau Island Tradeport, and Marine Terminal connected to the PRD. Tradeport, and Marine Terminal connected to the PRD. 5. Hong Kong-Zhuhai-Macau Bridge Estimated project size RMB150Bn.; 30km bridge requires 3 years to Estimated project size RMB150Bn.; 30km bridge requires 3 years to construct; RMB 150/ vehicle. construct; RMB 150/ vehicle. 6. Shenzhen Mass Transit Railway Hong Kong MTRC and Shenzhen Municipal Government formed JV Hong Kong MTRC and Shenzhen Municipal Government formed JV company to construct Phase 2 of Line 4 in Shenzhen; 21 km. of 14 company to construct Phase 2 of Line 4 in Shenzhen; 21 km. of 14 stations from Huangang to Longhua. Construction cost estimated stations from Huangang to Longhua. Construction cost estimated RMB6Bn.; operational in 2008. RMB6Bn.; operational in 2008.

12. Greater Pearl River Delta – major ports and capacity YICT No. of Berth : 7 (9 by 2005) Total Area : 118 ha (208 ha. By 2005) Depth alongside : 14.15m Handling Capacity : 5 Mn. TEUs (6.9 Mn. TEUs by 2005) 2003 Throughput : 5.25 Mn.TEUs CCT No. of Berth : 4 (5 by 2004) Total Area : 52 ha Depth alongside : 14.1m Handling Capacity : 2 Mn. TEUs est. 2003 Throughput : 1.63 Mn.TEUs SCT No. of Berth : 4 Total Area : 51.4 ha Depth alongside : 14.17m Handling Capacity : 2.8 Mn. TEUs 2003 Throughput : 1.53 Mn.TEUs Kwai Chung No. of Berths : 20 Total Area : 314 ha Depth alongside : 12.5 ~ 15.5m Handling Capacity : 16 Mn. TEUs 2003 Throughput : 12.1 Mn.TEUs 2003 Mid-Stream / RTT throughput : 7.5 Mn. TEUs

13. Opportunities in Hong Kong Regional Center China Hub – Sea and Air Record Frequency (ex: 37 sailings per week to Europe!) Supply Chain Management Outfit Container Terminal Operation

14. THANKS FOR YOUR ATTENTION