Change in the Board of Directors and Executive Officers

April 27, 2010

Change in the Board of Directors and Executive Officers

Tokyo-Mitsui O.S.K. Lines, Ltd. (President Akimitsu Ashida) today announced 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 22,2010.

1. Board of Directors

- Change of Title of Director

(New position) (Name)(Current Position)

Representative DirectorKoichi MutoDirector

（President）

This appointment was announced on March. 25, 2010.

-Appointment

(New position) (Name) (Current Position)

DirectorTsuneo WatanabeManaging Executive Officer

DirectorSadayuki Sakakibara President andChiefExecutive Officer

andChief OperatingOfficer and

RepresentativeDirector of

Toray Industries, Inc.

- Retirement

(Current position)(Name) (Planned Post-retirement assignment)

Representative Director Kenichi Yonetani Adviser

Director Takehiko YamamotoExecutive Vice President and Representative

Director ofDaibiru Corporation

Director Yoko Ishikura

2. Executive Officers

- Appointments and Promotions

(New position) (Name)(Current position)

(*) Chairman Akimitsu Ashida President

Vice ChairmanMasakazu YakushijiExecutive Vice President Executive Officer

(*) PresidentKoichi MutoSenior Managing Executive Officer

Senior Managing Executive OfficerHiroshi TanakaManaging Executive Officer

Senior Managing Executive Officer Kazuhiro SatoManaging Executive Officer

Senior Managing Executive OfficerSoichi Hiratsuka Managing Executive Officer

Managing Executive OfficerTetsuya Minato Executive Officer

Managing Executive OfficerShugo Aoto Executive Officer

Managing Executive OfficerJunichiro IkedaExecutive Officer

Executive OfficerHiroyuki FukumotoGeneral Manager of

Car Carrier Division

Executive OfficerTetsuro NishioAssistant SeniorGeneral Manager of

Dedicated Bulk Carrier Division

Executive OfficerToshiya Konishi General Manager of Liner Division

The appointments marked with (*) were announced on March. 25, 2010.

- Retirement

(Current position) (Name) (Planned Post-retirement assignment)

Managing Executive OfficerNoboru Kitazawa President and Representative Director of

Mitsui O.S.K. Kosan Co., Ltd

3. Directors, Auditors and Executive Officers on and after June 22

-Directors and Auditors

Board of Directors

Representative DirectorAkimitsu Ashida

(Chairman of the Board)

Representative DirectorMasakazu Yakushiji

Representative DirectorKoichi Muto

Representative DirectorYoichi Aoki

DirectorMasafumi Yasuoka

DirectorToshitaka Shishido

DirectorTsuneo Watanabe

DirectorKunio Kojima

Director Takeshi Komura

DirectorSadayuki Sakakibara

Corporate Auditors

Corporate AuditorKazumasa Mizoshita

Corporate AuditorJunichi Narita

Corporate AuditorKensuke Hotta

Corporate AuditorSumio Iijima

-Responsibilities of Executive Officers

(Title)(Name)(Responsibilities)

Representative Director

ChairmanAkimitsu Ashida

Representative Director

Vice ChairmanMasakazu Yakushiji

Representative Director

President Koichi Muto

Representative Director

Executive Vice President Executive Officer

Yoichi AokiAssistant to President

[Mainly in administrative divisions,

Technical Division,LNG Carrier Division]

Human Resources Division,Group Business

Division,Kansai Area

Director

Senior Managing Executive OfficerMasafumi YasuokaCoal and IronOre Carrier Division,

Bulk Carrier Division

Director

Senior Managing Executive OfficerToshitaka ShishidoCar Carrier Division

Senior Managing Executive OfficerHiroshi TanakaResearchOffice,

Dedicated Bulk Carrier Division

Senior Managing Executive OfficerKazuhiro SatoLNG Carrier Division,

M.O. LNG TransportCo., Ltd.

Senior Managing Executive OfficerSoichi HiratsukaHuman Resources Division,

Marine Safety Division,

MOL Ship Management Co., Ltd.

MOL Tankship Management Ltd.

M.O. LNG Transport Co., Ltd.

Director

Managing Executive OfficerTsuneo WatanabeTanker Division,

MOL Tankship Management Ltd.

Managing Executive OfficerKenji YokotaTechnical Division

Managing Executive OfficerTakashi KurauchiCar Carrier Division

Managing Executive OfficerMakoto YamaguchiBulk Carrier Division,

Dry Bulk Carrier Supervising Office

Managing Executive OfficerKenichi NagataCoal and IronOre Carrier Division

Managing Executive OfficerTetsuya MinatoLiner Marketing

Managing Executive OfficerShugo AotoGeneral Affairs Division,

Finance Division,

Accounting Division,

Investor Relations Office

Managing Executive OfficerJunichiro IkedaLiner Division

Executive OfficerKazunori NakaiTanker Division

Executive OfficerMasahiro TanabeManaging Director,

MOL(Europe) B.V.

Executive OfficerShizuo TakahashiInternal Audit Office,

Secretaries Office,

Corporate Planning Division,

Public Relations Office,

MOL Information Systems, Ltd.

Executive OfficerMasaaki NemotoMarine Safety Division,

MOL Tankship Management Ltd.

M.O. LNG Transport Co., Ltd.

Executive OfficerKiyotaka YoshidaGeneral Manager of

Technical Division

Executive OfficerHirokazu HattaGeneral Manager of

Human Resources Division

Executive OfficerMasatoshi NakajimaGeneral Manager of

Bulk Carrier Division

Executive OfficerTakeshi HashimotoGeneral Manager of

LNG Carrier Division

Executive OfficerHiroyuki FukumotoGeneral Manager of

Car Carrier Division

Executive OfficerTetsuro NishioGeneral Manager of

Dedicated Bulk Carrier Division

Executive OfficerToshiya Konishi General Manager of Liner Division

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