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Star Reefers Inc.

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Company Focus 2002<br />

• SRI will offer a cost-based pool<br />

• NYK STAR buildup of cargo/contract portfolios<br />

• SRI will start harvesting consolidation effects<br />

• Focus on operating efficiency<br />

• Implement chain management<br />

• Provide customer transportation solutions<br />

• Share campaign, improve equity market presence<br />

and improve share liquidity<br />

• Continued consolidation efforts<br />

Build a cost competitive fleet with a strategic market position

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