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Singapore Airlines to Adjust Fuel Surcharge

NEWS RELEASE

8 July 2005

Singapore Airlines to Adjust Fuel Surcharge

Singapore Airlines will revise its fuel surcharge for tickets issued from 20 July 2005 as follows:

• From US$10 to US$12 per sector for flights between Singapore and Bandar Seri Begawan, Bangkok, Denpasar, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila, Penang and Surabaya.

• From US$30 to US$45 per sector on all other flights.

The new surcharge is subject to official approval in some markets. The change will give partial relief to higher operating costs arising from persistently high jet fuel price which is around US$70.00 per barrel as compared to US$48 per barrel a year ago.

Singapore Airlines will continue to monitor the price of jet fuel and regularly review the level of surcharge.

ENDS

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