MOL Establishes Its Subsidiary MOL (Peru) S.A.C.
News Release
Mitsui O.S.K. Lines, Ltd. (Head Office)
April 27, 2012
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.19222"></HEAD>
<BODY>
<DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>TOKYO</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today
announced that the company established a subsidiary, MOL (Peru) S.A.C., in Peru.
The country was chosen because it shows more stable growth than other South
American nations. With the new subsidiary, MOL will consolidate its business
structure and further expand north-south containership routes to further improve
customer services.</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=ES></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=ES>Outline of New
Company</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 22.5pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Name<SPAN>
</SPAN>: MOL (PERU) S.A.C.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Location<SPAN>
</SPAN>: Lima (capital of Peru)</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Business
start<SPAN> </SPAN>: May 2, 2012</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Paid-in
capital<SPAN> </SPAN>: U</SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>S</SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>$470,000</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Shareholders<SPAN> </SPAN>:
Wholly owned by MOL</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Business<SPAN>
</SPAN>: MOL liner shipping agency in Peru</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Representative<SPAN> </SPAN>: Jean Pierre
Thorin Brauer (General Manager)</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>No. of employees<SPAN>
</SPAN>: 19</P></SPAN></SPAN></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.19222"></HEAD>
<BODY>
<DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>TOKYO</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today
announced that the company established a subsidiary, MOL (Peru) S.A.C., in Peru.
The country was chosen because it shows more stable growth than other South
American nations. With the new subsidiary, MOL will consolidate its business
structure and further expand north-south containership routes to further improve
customer services.</P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=ES></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=ES>Outline of New
Company</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US></SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 22.5pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Name<SPAN>
</SPAN>: MOL (PERU) S.A.C.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Location<SPAN>
</SPAN>: Lima (capital of Peru)</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Business
start<SPAN> </SPAN>: May 2, 2012</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>Paid-in
capital<SPAN> </SPAN>: U</SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>S</SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>$470,000</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Shareholders<SPAN> </SPAN>:
Wholly owned by MOL</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Business<SPAN>
</SPAN>: MOL liner shipping agency in Peru</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt"
lang=EN-US>Representative<SPAN> </SPAN>: Jean Pierre
Thorin Brauer (General Manager)</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 11pt" lang=EN-US>No. of employees<SPAN>
</SPAN>: 19</P></SPAN></SPAN></DIV></BODY></HTML>