“K” Line to establish Branch Office of
“K” Line (Deutschland) GmbH in Poland

January 17, 2007 - TOKYO, Japan - Kawasaki Kisen Kaisha, Ltd. (“K” Line). Kawasaki Kisen Kaisha , Ltd. (“K” Line) is pleased to announce that with effect from 1 January 2007 an owned office has been established in G dy nia , Poland to serve “K” Line's customers in Polan d . The new company will operate as a Branch Office of “K” Line (Deutschland) GmbH, which has its head office in Hamburg.

Full style of the new company and contact details are as follows:

”K” Line (Deutschland ) GmbH
Oddzial w Polsce
ul. Waszyngtona 34/36
81-342 Gdynia , Poland

Marek Aszendorf – Director
Tel +48 58 6614653 Marek.Aszendorf@de.kline.com

Hanna Alkiewicz – Bookkeeping / Administration
Tel +48 58 6218713 Hanna.Alkiewicz@de.kline.com

Export Department

Zbigniew Kozlowski – Export Manager
Tel +48 58 6276270 Zbyszek.Kozlowski@de.kline.com

Agnieszka Hawrylik – Bookings / Documentation
Tel +48 58 620 19 55 Agnieszka.Hawrylik@de.kline.com

Ewa Dormowicz – Documentation / Container control / Invoicing
Tel +48 58 6210612 Ewa.Dormowicz@de.kline.com

Import Department

Joanna Derwinska – Imports Manager
Tel +48 58 6276269 Joanna.Derwinska@de.kline.com

Magda Kojalowicz – Customer Service / Documentaion / Invoicing
Tel +48 58 6200467 Magda.Kojalowicz@de.kline.com

Urszula Giedrowicz – Customer Service / Documentation / Invoicing
Tel +48 58 6205296 Ula.Giedrowicz@de.kline.com
FAX : +48 58 621 04 98

For further information, please contact:

Takafumi Kido
Manager, Planning Team
Containerships Business Group
Kawasaki Kisen Kaisha, Ltd. Tokyo
TEL: 81-3-3595-5309 FAX: 81-3-3595-5288