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May 29, 2009

MOL ANNOUNCES NORTH AMERICA HEADQUARTERS RELOCATION

Tokyo - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) has decided to relocate its Concord headquaters to Lombard, IL.

Noboru Kitazawa, President of MOL (America) Inc, said "The consolidation will allow for a greater synergy among the interactions between Trade Management and the Product Management Team (PMT) which is already located in Lombard. This will improve our ability to optimize vessel and intermodal networks to enhance revenue and cost management, as well as broaden our employees’ career opportunities."

The relocation of staff into their current location in Lombard is scheduled for early August 2009.

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