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<TITLE> Mitsui O.S.K. Lines, Ltd.  - Press Release </TITLE>

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<b>
MOL Enhances Asia-East Coast South America Service (CSW)
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<br><br> 
June 29, 2011
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TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships which will replace our currently-operated vessels on the CSW.
The newbuilding ships will adopt a new wide-beam and shallow-draft design, featuring high loading capacity and compatibility with shallow-draft ports in South America, as well as superior fuel efficiency.
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Moreover, effective July 2011, MOL will assign an additional ship to CSW with a total of 13 ships, which allows sufficient time and enhance the schedule stability with a revised schedule.
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Along with the fleet expansion, MOL will begin chartering space to a consortium of Nippon Yusen Kabushiki Kaisha (NYK Line), Kawasaki Kisen Kaisha, Ltd. (“K” Line), Hyundai Merchant Marine Co., Ltd. (HMM), and Pacific International Line (PIL).(*)
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MOL is constantly working to offer efficient, high-quality services and reliable schedules to meet a wide variety of customer needs.
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<br>    Main specifications of 5,600TEU newbuilding containerships
<br>    Capacity: 71,407mt
<br>    Length: 275.1m
<br>    Breadth: 40m
<br>    Draft: 14.00m
<br>    Shipyard: Hyundai Samho Heavy Industry Co., Ltd. (South Korea)
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<br>    New CSW service rotation (13 ships, 91 days turnaround)
<br>    Xingang (Wed/Wed), Dalian (Thu/Fri), Qingdao (Sat/Sat), Pusan (Mon/Mon),
<br>    Shanghai (Fri/Sat), Hong Kong (Mon/Mon), Singapore (Fri/Sat), Santos (Sat/Sun),
<br>    Buenos Aires (Tue/Wed), Montevideo (Thu/Thu), Paranagua (Sun/Sun),
<br>    Sao Francisco Do Sul (Mon/Mon), Santos (Tue/Wed), Rio De Janeiro (Thu/Fri),
<br>    Cape Town (Sat/Sun), Ngqura (Mon/Tue), Singapore (Thu/Fri),
<br>    Hong Kong (Wed/Wed) and Xingang (Wed).
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<br><i>(*) Start of chartering space to the consortium: Departure of MOL Distinction from Shanghai on July 9, 2011</i>




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<br><a href="http://www.mol.co.jp" target="_blank">Mitsui O.S.K. Lines, Ltd.</a>


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