TOKYO August 20, 2007 - ANA today applied to the Japanese government to raise its fuel surcharge on international tickets issued on or after October 1 (Mon) this year.

ANA regrets that despite constant efforts to reduce costs and secure greater operating efficiencies, rises in the price of fuel since February this year mean that it must ask its valued customers to once again share the increased cost burden.

The surcharge will remain at the revised level until December 31, 2007, and is based on the three month average price of Singapore kerosene from May to July this year, as reported by the US Department of Energy. At present it is trading at US$85 per barrel, and averaged US$ 84.37 for the three month period from May to July, 2007. Since August it has been at an historical high.

The decision to keep the fuel surcharge at the revised level for three months, and to revise it every three months thereafter, was taken for reasons of simplicity. During that period it will not be changed to reflect movements in the Singapore kerosene market. The next revision, coming into force on January 1, 2008, will be based on the average market price of Singapore Kerosene three months from August to October, 2007.

It will be reduced if the average market price of Singapore kerosene falls below US$80 per barrel for three consecutive months, and thereafter as the market price continues to fall, measured in units of US$5. Likewise it will be discontinued completely if the average market price drops below US$45 per barrel for three consecutive months. Please refer to the chart below for details.

Notes
1) The fuel surcharge applies to all fares, including discount fares, child fares and award tickets. It is not subject to any discount whatsoever.
2) In the case of refunded tickets, the surcharge will be refunded in full and will not be subject to any charges.
3) The actual amount of the surcharge may vary as the application is subject to government approval.