Tokyo - Mitsui O.S.K. Lines, Ltd. (MOL) announced today that it has decided on the following changes to its Board of Directors, Executive Officers, and their responsibilities. These changes are subject to approval at the Annual Shareholders' Meeting to be held on June 27, 2001
| Current Position | Name | Planned Post-Retirement Assignment |
| Representative Director Executive Officer |
Noriaki Hori | Counselor |
| Chairman of the Board | Masaharu Ikuta |
| President | Kunio Suzuki |
| Deputy President | Kazuo Sato |
| Deputy President | Seiji Nakamura |
| Deputy President | Joji (George) Hayashi |
| Senior Managing Director | Tokinao Hojo |
| Senior Managing Director | Hiroyuki Sato |
| Senior Managing Director | Akimitsu Ashida |
| Managing Director | Kentaro Hino |
| Director (Outside Director) | Takeo Shiina |
| Director (Outside Director) | Toshihiko Fukui |
| Corporate Auditor | Takuo Yamada |
| Corporate Auditor | Kazuo Iwamoto |
| Corporate Auditor | Nobuyoshi Tateishi |
| Corporate Auditor | Kyoichi Sato |
Executive Officers
| New Position | Name | Current Position |
| Managing Executive Officer | Yutaka Okamoto | Executive Officer |
| Executive Officer | Tomonobu Hada | General Manager of Technical Division |
| Executive Officer | Kenji Yamagami | General Manager of Bulk Carrier Division |
| Executive Officer | Hideyuki Sadamatsu | Managing Director of Mitsui O.S.K. Lines (Asia) Ltd. |
| Executive Officer | Toshiki Saito | General Manager of Logistics Office |
| Executive Officer | Toshifumi Kato | General Manager of Corporate Planning Division |
| Current Position | Name | Planned Post-Retirement Assignment |
| Managing Executive Officer | Tsuneo Kawahara | President of Kyushu Kyuko Ferry Co., Ltd. |
| Managing Executive Officer | Makoto Taniguchi | President of M.O. Ship Tech Inc. |
| Executive Officer | Hiroshi Takahashi | Advisor to Mitsui O.S.K. Lines |
| Executive Officer | Yoshinori Hama | Managing Director of International Marine Transport Co., Ltd. |
| Title | Name | Responsibilities |
|
Chairman of the Board Chairman Executive Officer |
Masaharu Ikuta | |
|
President President Executive Officer |
Kunio Suzuki | |
|
Deputy President Deputy President Executive Officer |
Seiji Nakamura |
Assistan to the President (mainly for administrative divisions) IR Office, Associated Business Division |
|
Deputy President Deputy President Executive Officer |
Joji (George) Hayashi | Assistan to the President (mainly for liner divisions) |
| Senior Managing Director Senior Managing Executive Officer |
Tokinao Hojo | Coal and Iron Ore Carrier Division, Bulk Carrier Division, Co-ordination Office, Wood Chip Carrier Division, Tanker Divisions (A) and (B), LNG Carrier Divisions (A) and (B), Steaming Coal Carrier Division |
| Senior Managing Director Senior Managing Executive Officer |
Hiroyuki Sato | Liner Division, Logistics Office |
| Senior Managing Executive Officer | Kenji Machino | Environmental matters, Marine Division, Ship Managment Division, LNG Ship Managment Division |
| Senior Managing Director Senior Managing Executive Officer |
Akimitsu Ashida | Corporate Planning Division, Seretaries Office, Publicity Office, Information Systems Office, Ship Managment Division, Internal Auditor, IT Strategies |
| Managing Executive Officer | Kazuki Mori | Liner Marketing, Ports and Terminals |
| Managing Executive Officer | Shinichi Takemoto | Personnel Division, Tanker Division (A) and (B) |
| Managing Executive Officer | Masao Sagara | Bulk Carrier Division, Bulk CarrierCo-ordination Office, Wood Chip Carrier Division |
| Managing Executive Officer | Chikanobu Nomura | Research Co-operation Office, Coal and Iron Ore Carrier Division |
| Managing Director Managing Executive Officer |
Kentaro Hino | Finance and Accounting Division, General Affairs Division |
| Managing Executive Officer | Yutaka Okamoto | Car Carrier Division |
| Executive Officer | Yoshikazu Takahashi | General Manager of Steaming Coal Carrier Division |
| Executive Officer | Takao Yamamoto | General Manager of Tanker Division (B) |
| Executive Officer | Makoto Iwata | LNG Carrier Divisions (A) and (B) |
| Executive Officer | Tsutomu Iizuka | General Manager of Associated Business Division |
| Executive Officer | Hidehiro Harada | Chief Executive of Mitsui O.S.K. Lines (Europe) Ltd. |
| Executive Officer | Kazuaki Konishi | General Manager of Finance and Accounting Division |
| Executive Officer | Saburo Koide | General Manager of Coal and Iron Ore Carrier Division |
| Executive Officer | Masakazu Yakushiji | General Manager of Corporate Planning Division |
| Executive Officer | Tomonobu Hada | Technical Division, LNG Ship Management Division |
| Executive Officer | Kenji Yamagami | General Manager of Bulk Carrier Division |
| Executive Officer | Makoto Kuroishi | Managing Director of Mitsui O.S.K. Lines (Japan) Ltd. |
| Executive Officer | Hiroyuki Sadamatsu | Managing Director of Mitsui O.S.K. Lines (Asia) Ltd. |
| Executive Officer | Toshiki Saito | General Manager of Logistics Office |
| Executive Officer | Toshifumi Kato | Liner Division |
For further information, please contact, Mitsui O.S.K. Lines Publicity Office at: Tel: 81-3-3587-7015, Fax: 81-3-3587-7705, Email: SAMAF@mail.mol.co.jp