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MOL Introduces Technology to Eliminate Particulate Emissions from Vessels, 6th February 2012

News Release Mitsui O.S.K. Lines, Ltd. (Head Office) February 6, 2012
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" class=MsoNormal
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lang=EN-US><STRONG>MOL Introduces Technology to Eliminate <BR>Particulate
Emissions from Vessels</STRONG></P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=center><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US><STRONG>-Announces demonstration test of <SPAN>Diesel Particulate
Filter-</SPAN></STRONG></SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN>&nbsp;</P><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
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<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Tokyo, 6 February 2012</SPAN></B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>&#8212;Mitsui O.S.K. Lines,
Ltd. (MOL; President: Koichi Muto) today announced the start of a demonstration
test of the <SPAN>Diesel Particulate Filter (</SPAN>DPF) system installed on the
diesel engine used for power generation on an MOL Group-operated ocean-going
vessel. This is the world&#8217;s first application of the self-cleaning DPF on an
ocean-going ship.</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal align=left>With
research support from Nippon Kaiji Kyokai (ClassNK), MOL and Akasaka Diesels
Ltd. have jointly developed a DPF system for marine diesel engines, which run on
C heavy oil. The initiative is part of ClassNK&#8217;s program to support joint
research and development with industry and academia. MOL conducted a DPF
demonstration test in 2010 using the main engine of a ferry serving coastal
areas in Japan.</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>MOL is
moving ahead with efforts to reduce air pollution as one of the environmental
strategies in its midterm management plan GEAR UP! MOL. This technology is part
of that, and the company continues to take a proactive stance in adoption of
various technologies that reduce the environmental burden of its activities.</P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>&lt;Features of DPF system&gt;</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>This
system incorporates a filter that relies on silicon carbide ceramic fibers. The
filter collects particulate matter (PM) when exhaust gas goes through it. It can
collect over 80% of PM produced by the engine, significantly reducing black
smoke emissions. It is also a self-cleaning system that automatically combusts
and eliminates PM buildup in the filter. This allows for continual operation
without clogging of the filter, and requires no maintenance by
seafarers.</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>&nbsp;</P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>&lt;Details of demonstration test&gt;</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>The test
is scheduled for about one year (operating time: about 4,000 hours) to verify
the system&#8217;s PM collection performance. After that, its durability will be
assessed. The test started in November 2011, and the DPF system has already
operated smoothly for over 500
hours.</P></SPAN></SPAN></SPAN></SPAN></SPAN></DIV></BODY></HTML>