June 28, 2005


MOL (China) Opens Chengdu Representative Office


TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) today announced the opening of the Chengdu Representative Office of MOL (China) Co., Ltd. (Head Office: Shanghai), MOL's wholly owned subsidiary. It will start operations on July 1, promoting MOL services to customers, gathering information, and conducting public relations activities.

MOL (China) has aggressively promoted expansion and reinforcement of its independent network in China, as part of a three-year China strategy plan launched in 2003.

Chengdu, an inland city in southwestern China, is the capital of Sichuan Province, and has a population of about 11 million people. Major industries include motorcycle manufacturing and chemical products. Its gross annual product has shown significant increase every year. In addition, Chengdu serves as a logistics hub for gateway ports such as Shenzhen, Shanghai, and Qingdao. MOL (China) expects Chengdu to play an important role in the future expansion of trade in China.

The new Chengdu Representative Office will allow MOL (China) to fine-tune its services to more effectively meet customer needs, while preparing for future expansion in China's rapidly expanding inland market.

With the opening of the Chengdu Representative Office, MOL (China) has 24 branches and offices in China, and continues to aggressively enhance its sales network and improve customer service.

MOL (China) Co., Ltd. Chengdu Representative Office
Start of operation July 1, 2005
Territory Chengdu and major surrounding cities in Sichuan Province.
Address Room 8Q, First City Plaza 308, Shuncheng Street, Chengdu, PRC
Tel/Fax 028-86527337 / 028-86527377