OOIL announces operational
update for 4th quarter 2010

UNAUDITED QUARTERLY OPERATIONAL UPDATE FOR THE
FOURTH QUARTER ENDED 31ST DECEMBER 2010

26 January 2011

The Board of Directors (the “Board”) of Orient Overseas (International) Limited (the “Company”) has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis. This announcement sets out the unaudited operational update for OOCL for the fourth quarter of 2010 (ended 31st December 2010). The comparative figures for the fourth quarter of 2009 (ended 31st December 2009) are also disclosed in this announcement.

For the fourth quarter of 2010 (ended 31st December 2010), total volumes were 18.9% up on the same period last year. Total revenues increased by 41.9% to US Dollars 1,518.6 million. With a 22.0% increase in loadable capacity, the overall load factor was 2.0% lower than the same period in 2009. Overall average revenue per teu increased by 19.4% compared to the fourth quarter of last year.

For the full year of 2010 (ended 31st December 2010), total volumes increased by 14.6% over the same period last year and total revenues recorded a 46.1% increase. Loadable capacity increased by 4.5%, and the overall load factor was 7.2% higher than the corresponding period in 2009. Overall average revenue per teu increased by 27.5% compared to the same period last year.



Orient Overseas (International) Limited (OOIL) press release