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June 13, 2007

MOL to Launch India- USEC Service

TOKYO - Mitsui O.S.K Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that beginning July 2007, MOL will offer a new service that will directly connect India and the United States.

The new East Coast service, the India-America Express, (IAX), will offer competitive transit times by taking full advantage of the Suez Canal. Providing extensive port coverage, (outlined below), the IAX will ensure customers unsurpassed service for their high value and time sensitive cargoes.

MOL is strategically expanding their Indian Ocean services, the IAX marking the fourth new Indian string since launching the Singapore Chennai Express (SMX), last October. November saw the introduction of the New Nhava Sheva / Strait Area Service (NS2), and this July, will see upgrades to the India/Pakistan/UAE-Africa Service (MRX).

The Suez Express service (SZX), also slated to debut in July, together with the IAX, will provide a comprehensive network for the Asia- US trade via the Suez Canal, while the IAX will open trade to/from Egypt and the East Mediterranean via Damietta and Port Said.

IAX Service Rotation

Colombo (Thu / Fri) - Nhava Sheva (Sun / Mon) - Mundra (Tue / Wed) - Damietta (Tue/ Wed) - New York (Sat / Mon) - Norfolk (Tue / Wed) - Charleston (Thu / Thu) - Savannah (Fri / Fri) - Port Said (Wed / Thu) - Colombo (Thu / Fri)

Transit Time (Days)

New York Norfolk Charleston Savannah
Damietta 10 13 15 16
Mundra 17 20 22 23
Nhava Sheva 19 22 24 25

Commencement

M/V " New Delhi Express"
Departs from Colombo - Friday ,27 July ,2007

SZX Service Rotation (For reference)--released to press on 11 May, 2007

Singapore (Tue / Thu) - Colombo (Sun / Sun) - New York (Thu / Fri) - Charleston (Sun / Sun) - Savannah (Mon / Mon) - Norfolk (Wed / Wed) - Jebel Ali (Sun / Mon) - Port Kelang (Mon / Mon) - Singapore (Tue / Thu)

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