ビンゴ

April 27, 2007

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, Executive Officers, and their responsibilities. These changes are subject to approval at the Annual Shareholders' Meeting to be held on June 21 2007.

1. Board of Directors

- Change of Titles of directors
(New position) (Name) (Current Position)
Representative ビンゴ Masakazu Yakushiji ビンゴ
- Appointment
(New position) (Name) (Current Position)
ビンゴ Yoichi Aoki Managing Executive Officer
ビンゴ Koichi Muto Managing Executive Officer
- Retirement
(Current position) (Name) (Planned Post-retirement assignment)
ビンゴ Tokinao Hojo Adviser
ビンゴ Setsuyasu Hagiwara President, Mitsui O.S.K. Passenger Line, Ltd.

2. Executive Officers

- Appointments and Promotions
(New position) (Name) (Current position)
Deputy President Executive Officer Masakazu Yakushiji Senior Managing Executive officer
Senior Managing Executive Officer Kenichi Yonetani Managing Executive Officer
Senior Managing Executive Officer Yoichi Aoki Managing Executive Officer
Managing Executive Officer Hiroshi Tanaka Executive Officer
Managing Executive Officer Takehiko Yamamoto Executive Officer
Executive Officer Shugo Aoto General Manager of
Finance and Accounting ビンゴ
Executive Officer Kenji Yokota General Manager of
Technical ビンゴ
Executive Officer Kuniaki Motohashi General Manager of
LNG Carrier ビンゴ
Executive Officer Takashi Kurauchi General Manager of
Car Carrier ビンゴ
Executive Officer Makoto Yamaguchi General Manager of
Bulk Carrier ビンゴ
Executive Officer Kenichi Nagata General Manager of
Coal and Iron Ore Carrier ビンゴ
- Retirement
(Current position) (Name) (Planned Post-retirement assignment)
Executive Officer Tsukasa Nishikawa Senior Managing ビンゴ,
Minaminippon Shipbuilding Co., Ltd.

3. Directors, Auditors and Executive Officers on and after June 21

-Directors and Auditors
Board of Directors
Representative ビンゴ
Chairman of the board		 Kunio Suzuki
Representative ビンゴ      Akimitsu Ashida
Representative ビンゴ Saburo Koide
Representative ビンゴ Hidehiro Harada
Representative ビンゴ Masakazu Yakushiji
ビンゴ Kenichi Yonetani
ビンゴ Yoichi Aoki
ビンゴ Koichi Muto
ビンゴ Yukiharu Kodama
ビンゴ Kunio Kojima
ビンゴ Yoko Ishikura
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)
Representative ビンゴ
President Executive Officer		 Akimitsu Ashida  
Representative ビンゴ
Deputy President Executive Officer		 Saburo Koide Assistant to President
[mainly in business divisions (except Liner), Technical Division], Bulk Carrier Division, Dry Bulk Carrier Supervising ビンゴ
Representative ビンゴ
Deputy President Executive Officer		 Hidehiro Harada Assistant to President
[mainly in administrative divisions]
Representative ビンゴ
Deputy President Executive Officer		 Masakazu Yakushiji Assistant to President
[mainly in Liner ビンゴ], Logistics Business ビンゴ
Senior Managing Executive Officer Toshihiro Kagami Human Resources ビンゴ, MOL Tankship Management Ltd., MO LNG Transport Co., Ltd.
ビンゴ
Senior Managing Executive Officer		 Kenichi Yonetani Internal Audit ビンゴ, Finance and Accounting Division, Investor Relations ビンゴ
ビンゴ
Senior Managing Executive Officer		 Yoichi Aoki LNG Carrier Division, Research ビンゴ
Managing Executive Officer Masashi Seki Tanker ビンゴ
Managing Executive Officer Osamu Suzuki President/CEO, MOL (America) Inc.
Managing Executive Officer Kenji Hokazono Liner Marketing
Managing Executive Officer Toshitaka Shishido Car Carrier ビンゴ
Managing Executive Officer Nobuo Nishijima Secretaries ビンゴ, Human Resources Division, General Affairs Division
Managing Executive Officer Masafumi Yasuoka Coal and Iron Ore Carrier ビンゴ
ビンゴ
Managing Executive Officer		 Koichi Muto Corporate Planning Division, Public Relations ビンゴ, Information Systems ビンゴ
Managing Executive Officer Hiroshi Tanaka Dedicated Bulk Carrier ビンゴ
Managing Executive Officer Takehiko Yamamoto Group Business ビンゴ, Kansai Area
Executive Officer Kazuhiro Sato LNG Carrier ビンゴ
Executive Officer Noboru Kitazawa Liner ビンゴ
Executive Officer Tetsuya Minato Managing ビンゴ, MOL (Europe) B.V.
Executive Officer Soichi Hiratsuka Marine Safety ビンゴ,
MOL Ship Management Co., Ltd.
Executive Officer Tsuneo Watanabe Tanker ビンゴ
Executive Officer Shugo Aoto General Manager of Finance and Accounting ビンゴ
Executive Officer Kenji Yokota Technical ビンゴ
Executive Officer Kuniaki Motohashi General Manager of LNG Carrier ビンゴ
Executive Officer Takashi Kurauchi Car Carrier ビンゴ
Executive Officer Makoto Yamaguchi General Manager of Bulk Carrier ビンゴ
Executive Officer Kenichi Nagata General Manager of Coal and Iron Ore Carrier ビンゴ