CARGOLUX ADAPTS
ITS FUEL SURCHARGE

Luxembourg, 24 June 2005 - Cargolux reacts to the further increase in fuel prices and adapts its fuel surcharge on all cargo shipments on 8 July 2005. The decision reflects the rising costs that Cargolux is exposed to and that affect the entire industry.

The current level of the fuel surcharge will be adjusted to € 0.45 per kilo, or its equivalent in local currency. The charge is based on actual weight and will be implemented across the Cargolux network according to local legislation and wherever it is legally permitted.