Prelude

Our company has been engaged in shipping business for years a member of the Fairfield Group
that Mr. K. Sugahara of 2nd Japanese generations is an initiator.

In 1996, FCC was established in Fairfield Group as a chemical principal occupation operator by
the elite in the field.

Taking opportunity of beginning the business in Connecticut State, the chemical fleet has
been expanded as a principal occupation ship-owner so that our company also plays the part.

The space charter of the chemical ship was begun so that FCC may attempt the business
development as a worldwide chemical ship operator between Iino Kaiun in 2001 that is major
company in this field in Japan, and our company also has reinforced the chemical fleet
according to the business strategy for the FCC afterwards.

The chemical ship market in the future will be expected further expansion so that we would
try best to build the bridgehead as the chemical ship company.

Our company also has shipbrocking Dept. that the staffs mediate the buying and selling, a newly
built ship, and chartering the ship.

In addition, we do agency business of Great American Lines established under joint
management with Maruha Group ( car and frozen refrigeration vessel), and also we serve
marine transportation dissemination and credit inquiry of related enterprise in cooperation
with LMIU in England.
Takatoshi Hayase
President and Representative Director



Outline of FAIRFIELD JAPAN LTD.

Name & Address FAIRFIELD JAPAN LTD.
Room 1217, World Trade Center Bldg.,
Hamamatsucho 2-4-1, Minato-ku,
Tokyo 105-6112, Japan
Tel: +81-3-3435-5477
Fax: +81-3-3434-8479
E-mail : gad@fairfieldjapan.com
Established 23rd of April, 1977
Capital JPY106,000,000
Shareholders Fairfield-Maxwell Ltd.
Agency of Lloyd's Marine Intelligence Unit
Great American lines Inc.
Incumbency Mr. T. Hayase, President
Mr. I.. Nakabe, Director & General Manager of Business Dept.
Mr. Kaytaro G.Sugahara, Director
Mr. S. Watanabe, Auditor
Our Banks Aozora Bank, Mizuho Bank, The Sumitomo Trust and Banking Co.,Ltd,
The Tokyo Star Bank,Limited, The Bank of Tokyo-Mitsubishi UFJ,Ltd,
Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Lease & Finance
Company Limited, BOT LEASE CO.,LTD, IBJ Leasing Company,Limted,
TOKYO LEASING Co.,LTD