NEWS RELEASE. 26 July 2018 CELEBRATIONS CONTINUE IN CHENNAI FOR PSA S 20 TH YEAR IN INDIA

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1 NEWS RELEASE CELEBRATIONS CONTINUE IN CHENNAI FOR PSA S 20 TH YEAR IN INDIA 26 July 2018 On 23 July 2018, Chennai International Terminals Private Limited ("CITPL"), owned and managed by PSA International, hosted celebrations in Chennai for staff, stakeholders and the trade to mark PSA s 20th year in India. CITPL is PSA s second terminal investment in India. The license agreement with Chennai Port Trust was signed on 3 March 2007 and operations started on 4 July CITPL has handled over 5.75 million twenty-foot equivalent units ( TEUs ) to date and achieved its highest annual throughout of 904,609 TEUs in The terminal has also won the Container Handling Terminal of the Year award three times in 2013, 2017 and A staff event was held in the terminal; besides viewing the video message from PSA s Group CEO Mr Tan Chong Meng, all CITPL departments put on spirited performances and entertainment to make the event a successful and entertaining one. Page 1 of 5

2 In the evening, a trade meet organized by CITPL was attended by officials from Chennai Customs, Chennai Port Trust as well as shipping lines, CONCOR and trade bodies. Page 2 of 5

3 Mr Ajit Kumar, Chief Commissioner of Customs, Chennai addressed the gathering, saluting PSA for its achievements. Mr Kumar also presented the distinctive initiatives by Chennai customs to enable transhipment and ease of doing business for the trade. Mr Raveendran, Chairman of Chennai Port Trust congratulated PSA for its 20th Year in India, conveying his appreciation of CITPL s splendid volume performance over the year and wishing them further success in future. As part of the terminal s Corporate Social Responsibility Program, CITPL has constructed a new toilet facility for Sadhana Clarke School for hearing-impaired and intellectually-disabled children, which is located in Kelambakkam at the outskirts of Chennai. CITPL staff had also participated in some of the final construction work and served lunch for the staff and children in the school. The newly toilet facility will prepare staff and children for the Monsoons. Page 3 of 5

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5 ENDS ISSUED BY CHENNAI INTERNATIONAL TERMINALS PVT LTD Background About PSA s Chennai International Terminals Pvt Ltd PSA s Chennai International Terminals Pvt Ltd (CITPL) in Chennai Port is ideally positioned to tap on the high growth in Chennai, which is steadily emerging as the hub for the Indian East Coast. Shipping services at the terminal are currently connected to Far East, Colombo as well as other Indian ports including Andaman / Nicobar islands through the coastal services. The terminal is designed to handle the new generation of deep-draft container vessels. The terminal s connectivity to Inland Container Depot (ICD) is enhanced by its own dedicated rail terminal which reduces the transit time. It is equipped to serve the growing rail container traffic generated by an ever growing hinterland. About PSA International As one of the leading global port groups, PSA participates in around 40 terminals in 16 countries across Asia, Europe and the Americas with flagship operations in PSA Singapore Terminals and PSA Antwerp. PSA strives to continue growing its port network alongside its shipping line customers and become the preferred partner to port stakeholders across the world. Employing the finest talents in the industry, PSA delivers reliable and best-in-class service to its customers and develops winwin relationships with its partners. As the port operator of choice in the world s gateway hubs, PSA is The World s Port of Call. Please visit us at *Note to Editors: PSA dropped the name of Port of Singapore Authority in 1997 when it became a corporatised entity. The company should be referred to as PSA International Pte Ltd or simply PSA. Contact Information: Name: Mr. Deepak Kumar G, Manager - Marketing CITPL Tel: Fax: deepak@citpl.co.in Page 5 of 5