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G6 Alliance moves launch of Aisa-Europe service up to March, 8th February 2012

News Release Mitsui O.S.K. Lines, Ltd. (Head Office) February 10, 2012
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<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><B><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Tokyo</SPAN></B><B><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>, 8
FEBRUARY 2012</SPAN></B><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> -
Members of the G6 Alliance announced today that their groundbreaking cooperation
in Asia-Europe container shipping will begin operation in the first week of
March &#8211; one month ahead of schedule.</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>&#8220;We
are eager to roll out our competitive products to benefit customers by offering
a comprehensive and increased coverage of 40 ports in the Asia-Europe market
with more sailing frequency,&#8221; the members said in a
statement.<SPAN>&nbsp;</SPAN>&#8220;Customer response to the G6 Alliance is strong,
the latest economic condition in the trade supports the timing of the launch,
and we are ready to meet the market&#8217;s expectations.&#8221;</SPAN></P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>The G6
Alliance, serving the Asia-to-Europe-and-Mediterranean market was announced last
December.<SPAN>&nbsp;</SPAN>The G6 Alliance members are the carriers in the
Grand Alliance and New World Alliance: APL, Hapag-Lloyd AG, Hyundai Merchant
Marine, Mitsui O.S.K Lines, Nippon Yusen Kaisha and Orient Overseas Container
Line.</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>The G6
Alliance will launch six services between Asia and North Europe in the first
week of March.<SPAN>&nbsp; </SPAN>Those serving Japanese ports will commence
after completion of consultations with the Japan Harbor Transportation
Association and labor unions.</SPAN></P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>A
seventh service will follow when it can be supported by sustainable trade
conditions.<SPAN>&nbsp; </SPAN>The service will provide direct coverage to the
Bohai Bay ports in Dalian and Xingang.<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN></SPAN></P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>The G6
Alliance will continue the existing Asia-Mediterranean Express Service (EUM) and
will also launch a new Asia-Black Sea Express service (ABX) in the first week of
April.<SPAN>&nbsp; </SPAN></SPAN></P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="LINE-HEIGHT: 150%; MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 150%; FONT-FAMILY: Arial; FONT-SIZE: 11pt">The base-plan
port rotation of the G6 Alliance loops is as follows, subject to the
confirmation of berth availability:</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN></B>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 1</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Kobe &#8211; Nagoya &#8211; Shimizu &#8211;
Tokyo &#8211; Hong Kong &#8211; Cai Mep &#8211; Singapore &#8211; Jeddah &#8211; Rotterdam - Hamburg &#8211;
Southampton &#8211; Le Havre &#8211; Singapore &#8211; Hong Kong &#8211; Kobe</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 2 </SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>To be
finalized</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 3</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Shanghai &#8211; Ningbo &#8211; South
China &#8211; Singapore &#8211; Tangier &#8211; Rotterdam &#8211; Bremerhaven &#8211; Gdansk - Gothenburg &#8211;
Rotterdam &#8211; Jeddah &#8211; Singapore &#8211; South China &#8211; Hong Kong - Shanghai</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 4</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Ningbo &#8211; Shanghai &#8211; South
China &#8211; Singapore &#8211; Southampton - Hamburg &#8211; Rotterdam &#8211; Singapore &#8211; South China
&#8211; Ningbo</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 5</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Kwangyang &#8211; Pusan &#8211;
Shanghai &#8211; South China &#8211; Singapore - Rotterdam - Hamburg &#8211; Thamesport &#8211;
Singapore &#8211; Kwangyang</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 6</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Kaohsiung &#8211; Xiamen &#8211;
South China &#8211; Hong Kong - Singapore &#8211; Colombo &#8211; Southampton - Antwerp &#8211; Hamburg
&#8211; Rotterdam &#8211; Jebel Ali &#8211; Singapore &#8211; South China &#8211; Kaohsiung</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Loop</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US> 7</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Qingdao &#8211; Shanghai &#8211; Hong
Kong - South China &#8211; Singapore &#8211; Salalah &#8211; Le Havre &#8211; Rotterdam - Hamburg &#8211;
Southampton &#8211; Tangier &#8211; Salalah &#8211; Singapore &#8211; South China &#8211; Qingdao</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoPlainText><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>ABX Service
</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Ningbo - Shanghai &#8211; South
China &#8211; Hong Kong &#8211; Singapore &#8211; Port Said &#8211; Ashdod &#8211; Istanbul &#8211; Constanza -
Odessa &#8211; Istanbul &#8211; Ashdod &#8211; Port Said &#8211; Singapore &#8211; Ningbo</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>EUM
Service</SPAN></B></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Pusan &#8211; Shanghai &#8211; Ningbo
&#8211; South China &#8211; Hong Kong &#8211; Singapore &#8211; Port Klang &#8211; Jeddah &#8211; Damietta &#8211; Genoa &#8211;
FOS Sur Mer &#8211; Barcelona &#8211; Valencia &#8211; Damietta &#8211; Jeddah &#8211; Singapore &#8211; Hong Kong &#8211;
Pusan</P></SPAN></SPAN></SPAN></SPAN></DIV></BODY></HTML>