ビンゴ 5 次回 予想,
Corporate Auditors and Executive Officers

April 26, 2006

Tokyo - Mitsui O.S.K. Lines, Ltd. (President Akimitsu Ashida) today announced that it has decided on the following changes to its Board of Directors, Corporate Auditors, Executive Officers, and their responsibilities.
These changes are subject to approval at the Annual Shareholders' Meeting to be held on June 22, 2006.

• Board of Directors and Corporate Auditors

  Change of Titles of directors
  (New position)	(Name)	(Current Position)
  ビンゴ 5 次回 予想	Tokinao Hojo	Representative ビンゴ 5 次回 予想
  Representative ビンゴ 5 次回 予想	Saburo Koide	ビンゴ 5 次回 予想
  Representative ビンゴ 5 次回 予想	Hidehiro Harada	ビンゴ 5 次回 予想
  Appointment
  (New position)	(Name)	(Current Position)
  ビンゴ 5 次回 予想	Masakazu Yakushiji	Senior Managing Executive Officer
  ビンゴ 5 次回 予想	Setsuyasu Hagiwara	Managing Executive Officer
  ビンゴ 5 次回 予想	Kenichi Yonetani	Managing Executive Officer
  Corporate Auditor	Kazumasa Mizoshita	General Manager of General Affairs Div.
  Corporate Auditor	Sumio Iijima	In addition to Attorney at Law, Iijima & Sawada
  Retirement
  (Current position)	(Name)	(Planned Post-retirement assignment)
  Representative ビンゴ 5 次回 予想 Deputy President Executive Officer	Hiroyuki Sato	Advisor
  ビンゴ 5 次回 予想 Senior Managing Executive Officer	Masao Sagara	Advisor
  ビンゴ 5 次回 予想 Managing Executive Officer	Toshifumi Kato	President, MOL Logistics (Japan) ビンゴ 5 次回 予想., Ltd.
  ビンゴ 5 次回 予想	Takeo Shiina
  Corporate Auditor	Kazuo Otaki	Advisor
  Corporate Auditor	kyoichi Sato

• Executive Officers

  Appointments and Promotions
  (New position)	(Name)	(Current position)
  Deputy President Executive Officer	Saburo Koide	Senior Managing Executive Officer
  Deputy President Executive Officer	Hidehiro Harada	Senior Managing Executive Officer
  Senior Managing Executive Officer	Toshihiro Kagami	Managing Executive Officer
  Senior Managing Executive Officer	Setsuyasu Hagiwara	Managing Executive Officer
  Managing Executive Officer	Kenji Hokazono	Executive Officer
  Managing Executive Officer	Toshitaka Shishido	Executive Officer
  Managing Executive Officer	Nobuo Nishijima	Executive Officer
  Managing Executive Officer	Masafumi Yasuoka	Executive Officer
  Managing Executive Officer	Koichi Muto	Executive Officer
  Executive Officer	Tetsuya Minato	Managing ビンゴ 5 次回 予想,  MOL (Europe) B.V.
  Executive Officer	Soichi Hiratsuka	General Manager of Marine Management Division
  Executive Officer	Tsuneo Watanabe	General Manager of Tanker Division

  Kunio Suzuki, Currently Representative ビンゴ 5 次回 予想, Chairman of the Board and Chairman Executive Officer will retain the positions of Representative ビンゴ 5 次回 予想 and Chairman of the Board.

• Directors, Auditors and Executive Officers on and after June 22

  Directors and Auditors
  Board of Directors
  Representative ビンゴ 5 次回 予想 Chairman of the board	Kunio Suzuki
  ビンゴ 5 次回 予想	Tokinao Hojo
  Representative ビンゴ 5 次回 予想	Akimitsu Ashida
  Representative ビンゴ 5 次回 予想	Saburo Koide
  Representative ビンゴ 5 次回 予想	Hidehiro Harada
  ビンゴ 5 次回 予想	Masakazu Yakushiji
  ビンゴ 5 次回 予想	Setsuyasu Hagiwara
  ビンゴ 5 次回 予想	Kenichi Yonetani
  ビンゴ 5 次回 予想	Yukiharu Kodama
  ビンゴ 5 次回 予想	Kunio Kojima
  Corporate Auditors
  Corporate Auditor	Munehisa Kusunoki
  Corporate Auditor	Kazumasa Mizoshita
  Corporate Auditor	Kensuke Hotta
  Corporate Auditor	Sumio Iijima

  Responsibilities of Executive Officers
  (Title)	(Name)	(Responsibilities)
  ビンゴ 5 次回 予想 Deputy Chairman Executive Officer	Tokinao Hojo
  Representative ビンゴ 5 次回 予想 President Executive Officer	Akimitsu Ashida
  Representative ビンゴ 5 次回 予想  Deputy President Executive Officer	Saburo Koide	Assistant to President (mainly Technical Division, Car Carrier Division, Coal and Iron Ore Carrier Division, Dedicated Bulk Carrier Division), Bulk Carrier Division.
  Representative ビンゴ 5 次回 予想 Deputy President Executive Officer	Hidehiro Harada	Assistant to President (mainly in administrative divisions)
  ビンゴ 5 次回 予想 Senior Managing Executive Officer	Masakazu Yakushiji	Liner Division, Logistics Business Division
  Senior Managing Executive Officer	Toshihiro Kagami	Marine Management Division, Human Resources Division
  ビンゴ 5 次回 予想 Senior Managing Executive Officer	Setsuyasu Hagiwara	Car Carrier Division, Research ビンゴ 5 次回 予想-operation Office
  Managing Executive Officer	Masashi Seki	Tanker Division
  Managing Executive Officer	Osamu Suzuki	President/CEO, MOL (America) Inc.
  ビンゴ 5 次回 予想 Managing Executive Officer	Kenichi Yonetani	Finance and Accounting Division, Investor Relations ビンゴ 5 次回 予想
  Managing Executive Officer	Yoichi Aoki	LNG Carrier Division
  Managing Executive Officer	Kenji Hokazono	Liner Marketing
  Managing Executive Officer	Toshitaka Shishido	Car Carrier Division
  Managing Executive Officer	Nobuo Nishijima	Internal Audit ビンゴ 5 次回 予想, Secretaries ビンゴ 5 次回 予想, Human Resources Division, General Affairs Division
  Managing Executive Officer	Masafumi Yasuoka	Coal and Iron Ore Carrier Division
  Managing Executive Officer	Koichi Muto	Corporate Planning Division, Public Relations ビンゴ 5 次回 予想, Information Systems ビンゴ 5 次回 予想
  Executive Officer	Tsukasa Nishikawa	Technical Division
  Executive Officer	Hiroshi Tanaka	Dedicated Bulk Carrier Division
  Executive Officer	Takehiko Yamamoto	Group Business Division, Kansai Area
  Executive Officer	Kazuhiro Sato	LNG Carrier Division
  Executive Officer	Noboru Kitazawa	General Manager of Liner Division
  Executive Officer	Tetsuya Minato	Managing ビンゴ 5 次回 予想, MOL (Europe) B.V.
  Executive Officer	Soichi Hiratsuka	General Manager of Marine Management Division
  Executive Officer	Tsuneo Watanabe	Tanker Division