MOL to Name New Chairman, President

March 31, 2015

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the appointment of a new chairman and president. Current President and Representative Director Koichi Muto will assume the position of Representative Director and Chairman, and current Director and Senior Managing Executive Officer Junichiro Ikeda will become president.

The appointments are subject to approval by the Board of Directors meeting following the Annual General Meeting of Shareholders, which will be held on June 23, 2015.

1. Details of Changes (as of June 23, 2015)　

Name	New Title	Current Title
Koichi Muto	Representative Director Chairman	Representative Director President
Junichiro Ikeda	Representative Director President	Director Senior Managing Executive Officer

2. Biography of New President

Name	: Junichiro Ikeda
Date of Birth	: July 16, 1956
Birthplace	: Nagano, Japan
Present Position	: Director Senior Managing Executive Officer
[Education]
Mar. 1979	: Graduated from University of Tokyo Faculty of Law
[Business Experience]
Jun. 2013 - Present	: Director Senior Managing Executive Officer
Jun. 2010 -	: Managing Executive Officer
Jun. 2008 -	: Executive Officer
Jun. 2007 -	: General Manager, Liner Division
Jun. 2004 -	: General Manager, Human Resources Division
Jun. 2001 -	: Deputy General Manager, Planning Division
(Apr. 1999	: Mitsui O.S.K. Lines, Ltd. merged with Navix Line, Ltd.)
Jun. 1998 -	: Mitsui O.S.K. Lines (Europe) Ltd.
Apr. 1979	: Joined Mitsui O.S.K. Lines, Ltd.