Tokyo March 20, 2007 - ANA today filed an application with Japan's Ministry of Land, Infrastructure and Transport (MLIT) to lower its fuel surcharge on international tickets issued on or after May 1 this year, in line movements in the market price of fuel.

The international fuel surcharge was introduced in February, 2005, along with provisions for its reduction or removal in light of the following market conditions:

If on the 10^th day of the month (or the next working day where the 10^th falls on a holiday), the price of Singapore kerosene¹ has remained below US$70 per barrel for the preceding 30 consecutive days², ANA will apply to the MLIT to lower the surcharge to the levels shown in chart (2). Similarly, if the market price continues to fall, it will be further reduced in accordance with the chart. The fuel surcharge will be discontinued completely if the market price drops below US$40 per barrel for 30 consecutive days. Changes come into effect from the first day of the following month.

(2) Fuel surcharge reductions in accordance with changes in the price of Singapore kerosene, where the price falls below the following levels for 30 consecutive days or more