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News Release

March 24, 2012

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Mitsui & Co, MOL and Marubeni Corporation to Participate in Ultra-Deepwater FSPO Chartering Project, 22nd March 2012

News Release Mitsui O.S.K. Lines, Ltd. (Head Office) March 24, 2012
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<DIV><SPAN style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>&nbsp;
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>MODEC, Inc.
(&#8220;MODEC,&#8221; head office: Chiyoda-ku, Tokyo; president: Toshiro Miyazaki), Mitsui
&amp; Co., Ltd. (&#8220;Mitsui,&#8221; head office: Chiyoda-ku, Tokyo; president: Masami
Iijima), Mitsui O.S.K. Lines, Ltd. (&#8220;MOL,&#8221;<SPAN>&nbsp; </SPAN>head office:
Minato-ku,<SPAN>&nbsp; </SPAN>Tokyo; president: Koichi Muto) and Marubeni
Corporation (Marubeni, head office: Chiyoda-ku, Tokyo; president: Teruo Asada)
have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter
business operated by MODEC for the purpose of providing a floating production,
storage, and offloading system (&#8220;the FPSO,&#8221;) for use in the Cernambi Sul area of
a pre-salt oil field off the coast of Brazil. Documents to this effect were
signed today. </P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Under this
agreement, Mitsui, MOL and Marubeni will invest in Cernambi Sul MV24 B.V.
(MV24), a Dutch company established by MODEC. MV24 has signed a long-term
chartering agreement with Tupi B.V., a Dutch company owned by PETROBRAS
NETHERLANDS B.V. (65%), BG OVERSEAS HOLDING LTD. (25%), and GALP ENERGIA E&amp;P
BRASIL B.V.(10%). The FPSO will be chartered to Tupi B.V. for 20 years.</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Construction of the FPSO will involve the conversion of a VLCC (very
large crude oil carrier), which will be renamed &#8220;FPSO Cidade de Mangaratiba
MV24.&#8221; It will be deployed to the Cernambi Sul area of the BM-S-11 block off the
coast of Brazil in the third quarter of 2014. The area is part of a deepwater
oil field located about 300 km south of Rio de Janeiro, Brazil. The oil is
contained in the pre-salt layer about 5,000 m beneath the seabed. </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>MODEC and
Mitsui have already provided two FPSOs for the pre-salt oil field, and this will
be their third pre-salt related FPSO chartering project. It is the second
project of its type for MOL and the first for Marubeni. The Schahin Group, which
was the joint bidder for the projects as the local partner in Brazil, will have
a 15% stake in MV24 after the commencement of the FPSO charter. </P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Outline of
FPSO
<TABLE
style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 426pt; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none"
class=MsoNormalTable border=1 cellSpacing=0 cellPadding=0 width=568>
<TBODY>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"><SPAN>&nbsp;</SPAN><SPAN
lang=EN-US>Oil processing capacity</SPAN></SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 269.3pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=359>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>150,000 barrels per day</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Gas
processing capacity</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 269.3pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=359>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>280
million cubic feet per day</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Oil
storage capacity </SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 269.3pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=359>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>1.600,000 barrels </SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Mooring type </SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 269.3pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=359>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Spread mooring (at a depth of 2,300
meters)</SPAN></P></TD></TR></TBODY></TABLE></SPAN></P></SPAN>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Controlling
stake of MV24</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal>
<TABLE
style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 426pt; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none"
class=MsoNormalTable border=1 cellSpacing=0 cellPadding=0 width=568>
<TBODY>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Before the investment by the Schahin Group</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>After
the investment by the Schahin Group</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>MODEC, Inc.</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>29.4%</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>25.0%</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Mitsui &amp; Co., Ltd. </SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>32.4%</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>27.5%</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Mitsui O.S.K. Lines, Ltd. </SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>20.6%</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>17.5%</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Marubeni Corporation </SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>17.6%</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>15.0%</SPAN></P></TD></TR>
<TR style="HEIGHT: 18pt">
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 156.7pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=209>
<P style="MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>Schahin Group</SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: 'MS Mincho'; COLOR: black; FONT-SIZE: 11pt"
lang=JA>-</SPAN><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN></P></TD>
<TD
style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0.75pt; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0.75pt; WIDTH: 134.65pt; PADDING-RIGHT: 0.75pt; HEIGHT: 18pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0.75pt"
width=180>
<P
style="TEXT-ALIGN: center; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt; LAYOUT-GRID-MODE: char"
class=MsoNormal align=center><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US>15.0%</SPAN></P></TD></TR></TBODY></TABLE></P></SPAN></SPAN></SPAN></SPAN>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Contacts
for further information: </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>MODEC,
Inc.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Corporate
Planning Department</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Telephone:
+81-3-6203-0200</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Facsimile:
+81-3-5512-1600</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Mitsui
&amp; Co., Ltd.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Corporate
Communications Division</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Media
Relations Department </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Telephone:
+81-3-3285-7540</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Facsimile:
+81-3-3285-9819</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Mitsui
O.S.K. Lines, Ltd.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>LNG Carrier
Division</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Offshore
Business Group</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Telephone:
+81-3-3587-6239</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Facsimile:
<SPAN>&nbsp;</SPAN>+81-3-3587-7748</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Marubeni
Corporation </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US><SPAN>&nbsp;</SPAN>Corporate Communications Department</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Telephone:
</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US><SPAN>&nbsp;</SPAN>+81-3-3282-4260<SPAN
style="COLOR: black"></SPAN></SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black; FONT-SIZE: 11pt" lang=EN-US>Facsimile:
</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US><SPAN>&nbsp;</SPAN>+81-3-3282-2331<SPAN
style="COLOR: black"></SPAN></SPAN></P></DIV></BODY></HTML>