Code name: “SHUWAYBILL 2008”(Published April 2008 by the Documentary Committee of the JSE)

(Forwarding Agents)

Shipper

WAYBILL

Waybill No.

NON-NEGOTIABLE

Consignee

SHIPPED on board the Vessel, the Goods, or the total number of Containers orother packages or units enumerated below in apparent external good order andcondition except as otherwise noted for transportation from the Port of Loading
to the Port of Discharge subject to the terms and conditions on the face and theback hereof and the applicable Bill of Lading and there to be delivered to theConsignee named herein, or its authorized agent on production of proof ofidentity.

Notify Party

IN WITNESS whereof, the undersigned, has signed the number of Waybill(s)stated below, all of this tenor and date.

Local VesselThis Waybill is not construed as a Bill of Lading or any other similar documentof title referred to in the International Carriage of Goods by Sea Act ofJapan, 1957 as amended in 1992 or any other foreign legislation of a naturesimilar to the international Convention for the Unification of Certain Rules
relating to Bills of Lading signed at Brussels on 25 August, 1924 or theamendments by the Protocol signed at Brussels on 23 February, 1968 or
the amendments by the Protocol signed at Brussels on 21 December, 1979.

From

Ocean Vessel

Voy. No.

Port of Loading(Terms of this Waybill continued on the back hereof)
Port of Discharge

For transhipment to (If on-carriage)

Final destination (for the Merchant’s reference only)

Marks / Numbers

No. of P’kgsor Units

Gross Weight

Kind of Packages or Units; Description of Goods

Measurement

PARTICULARS FURNISHED BY SHIPPER

SampleTOTAL NUMBER OF PACKAGESOR UNITS (IN WORDS)
Declared value USD
FREIGHT & CHARGES

Ex. RateICS
B/L

If no value declared, liability limit applies as per Clause 3 overleaf.
Revenue Tons

RatePerPrepaid

Prepaid at

Payable atPlace & Date of issue

Total Prepaid in Yen

Number of Original Waybill(s)Signature@￥JSA Standard Form(B)Collect

1. Unless otherwise set out on the face and back hereof, the Goods shall be carried subject to:(1) the terms and conditions provided for on the back of Carrier's applicable Bill of Lading(SHUBIL-1994(B)) which may be seen on request at the Carrier's office or at those of its
authorized agents. Every reference therein to the words “Bill(s) of Lading” shall be readand construed as reference to the words “Non-Negotiable Waybill(s)” and terms andconditions thereof shall be read and construed accordingly, and(2) the "CMI Uniform Rules for Sea Waybills" excluding Rule 4(iii), which are deemed to beincorporated herein.
2. In accepting this Waybill, the shipper and all other parties covered by the term “Merchant” asdefined in the applicable Bill of Lading agree to be bound by all the stipulations, terms andconditions on the face and back of this Waybill and the applicable Bill of Lading, whetherwritten, typed, stamped or printed, as fully as if signed by the shipper any local custom or
privilege to the contrary notwithstanding, and agree that all agreements or freight
engagements for and/or in connection with the carriage of the Goods are superseded by thisWaybill.
3. The Carrier shall in no event be liable for any loss of or damage to or in connection with theGoods in an amount exceeding 666.67 Units of Account (Special Drawing Right) per
package or unit or 2 Units of Account per kilogramme of gross weight of the Goods lost or
damaged, whichever is the higher, provided that if this Waybill covers the Goods moving toor from the U.S.A. (including its districts, territories or possessions), then the amount of theforegoing limitation shall instead be U.S. $500 per package or customary freight unit, unlessthe value of the Goods is declared in writing by the shipper before shipment and the natureand value thereof is inserted in this Waybill and extra freight is paid as agreed. In such case,even if the actual value of the Goods per package or unit exceeds such declared value, thevalue declared shall nevertheless be deemed to be the value of the Goods. The Carrier'sliability shall not exceed such declared value and any partial loss or damage shall beadjusted pro rata on the basis of such declared value. Where the cargo has been packed
into container(s) or unitized into similar article(s) of transport by or on behalf of theMerchant, and when the number of packages or units packed into container(s) or unitized
into similar article(s) of transport is not enumerated on the face hereof, each container orsimilar article including the entire contents thereof shall be considered as one package forthe purpose of the application of the limitation of liability provided for herein.

Sample4. The contract evidenced by or contained in this Waybill shall be governed by Japanese law
and any and all disputes arising from or in connection with this Waybill shall be referred toarbitration in Tokyo by the Tokyo Maritime Arbitration Commission (TOMAC) of The Japan
Shipping Exchange, Inc., in accordance with the Rules of TOMAC and any amendments
thereto, and the award given by the arbitrators shall be final and binding on both parties.