ADVISORY/Special Event to Mark Opening of Maersk Pacific Ltd. Pier Extension.

News/Assignment Editors, City Desks

ADVISORY...for Friday, January 25

--(BUSINESS WIRE)--Jan. 23, 2002

DATE:    Friday, January 25, 2002
         11:00 a.m. to 1:00 p.m.

TIME:    11:00 a.m.
         Shuttle buses to tent site for pier and equipment displays

         11:30 a.m.
         Speeches and ribbon cutting at terminal tent site

         NOON
         Shuttle buses to lunch reception in the Port of Tacoma
         Administration Building

         12:00 to 1:00     Lunch

LOCATION: Maersk Pacific Ltd. Terminal (in a tent dockside)

PROJECT DETAILS
         --  This was a $9.2 million construction project.
         --  The 600-foot pier extension project brings the total pier
             length to 2,200 feet.
         --  Construction was started in July and completed in
             December.
         --  The pier extension allows the Maersk Sealand's and CSX
             Lines' vessels to operate more efficiently in the
             facility.
         --  Maersk Sealand's vessels are 1,138 feet long, and are the
             largest container ships calling in North America. They
             can carry 6,600 containers.
         --  The terminal originally opened in 1985.

ADDITIONAL BACKGROUND ON COMPANIES

    --  Maersk Pacific Limited is associated with APM Terminals, which
        is a leading global terminal operator with operations in more
        than 40 facilities worldwide generating throughput of about 13
        million TEUs. In addition to providing shipping lines with
        operations and management of container terminals, the
        companies are involved in Free Trade Zone development,
        stevedoring and provisions of various value-added services.
        Local facility information can be obtained on these websites:
        www.mpltac.com or www.APM-Terminals.com.

    --  APM Terminals is the parent company of Maersk Pacific Limited.

    --  The Maersk Pacific Limited Terminal, the Port's largest
        terminal operator, serves Maersk Sealand's and CSX Lines'
        terminal management needs in Tacoma.

    --  Maersk Sealand is the world's largest container shipping line,
        and is the container shipping division of the AP Moller Group,
        with headquarters in Copenhagen, Denmark, employing 10,000
        people in more than 325 offices in 100 countries.

    --  CSX Lines is a wholly-owned subsidiary of CSX Corporation. The
        company, based in Charlotte, North Carolina, has offices
        throughout the United States, 16 ships, and 27,000 pieces of
        state-of-the-art equipment, providing container service from
        the 48 contiguous states to/from Alaska, Hawaii, Guam, and
        Puerto Rico.

SPEAKERS AT THE EVENT WILL INCLUDE:

    --  Bill Baarsma, mayor, City of Tacoma
    --  Jack Fabulich, president, Port of Tacoma Commission
    --  Andrea Riniker, executive director, Port of Tacoma
    --  Glenn Eddy, senior vice president, Maersk Pacific, Ltd.
    --  Greg Fennell, director, APM Terminals, N.A.
    --  Patrick Burgoyne, general manager, operations, Maersk Pacific
        Ltd.