Agreement with Korea Western Power Co, Ltd for Consecutive Voyage Charter for Bituminous Coal Transportation

What's News

Change of Executive Officers

January 31, 2008 - Kawasaki Kisen Kaisha, Ltd. (�K� Line) has decided in a board meeting held today on changes to Executive Officers.

The list of responsibilities of Executive Officers scheduled on and after April 1, 2008 .
Please refer to Attachment 1.

Executive Officers

• Retirement (effective March 31, 2008)

Present Position	Name	Scheduled new position
Managing Executive Officer	Yoshiyuki Ota	Deputy Managing Director of �K� LINE PTE LTD
Managing Executive Officer	Toshio Suzuki	Continue to be President & CEO of �K� Line America, Inc.
Managing Executive Officer	Kazuyuki Oda	President of SEAGATE CORPORATION
Executive Officer	Akira Otsu	---

New appointments (effective April 1, 2008)

Name	Present Position
Shigeo Itaya	�K� Line ( China ) Ltd.
Kazutaka Imaizumi	GM Drybulk Project Business Division
Toshiyuki Suzuki	GM Containerships Business Group
Hiromichi Aoki	GM LNG Group

Promotion (effective April 1, 2008)
Mamoru Mori will be promoted to Managing Executive Officer.

For more details, kindly contact as follows:

Masato Yamaguchi, General Manager, IR & PR Group
Tel: +81-3-3595-5141 Fax: +81-3-3595-5001

		Attachment 1
The responsibilities of Executive Officers on and after April 1, 2008

Title	Name		Responsibilities
President & CEO	Hiroyuki Maekawa		-
Vice President & Assistant CEO	Eiichi Suzuki		Assistant to President, Overall Bulk Carrier Business, Dry Bulk Carrier Business
Senior Managing Executive Officer	Yoichi Hasegawa		Car Carrier Business, Heavy Lifter Business, New Business Planning & Development
Senior Managing Executive Officer	Tetsuo Shiota		Corporate Sector
Senior Managing Executive Officer	Katsue Yoshida		Energy Resources Transportation Business, Technical Sector
Senior Managing Executive Officer	Toshio Shimizu		Containership Business, Port Business, Total Logistics Business
Managing Executive Officer	Shigeru Soda		CEO of "K" Line Holding ( Europe ) Limited
Managing Executive Officer	Norio Tsutsumi		Ship Planning Sector, Environment Preservation
Managing Executive Officer	Toshinori Morita		Human Resources, Information System, Legal and General Affairs
Managing Executive Officer	Shigenori Ishii		Thermal Coal, Woodchip and Pulp Carrier Business
Managing Executive Officer	Kozo Eguchi		Marine Sector
Managing Executive Officer	Eiichi Murakami		Car Carrier Business
Managing Executive Officer	Yoshikazu Minagawa		LNG Carrier Business, Tanker Business
Managing Executive Officer	Jiro Asakura		Coal & Iron Ore Carrier Business, Drybulk Planning
Managing Executive Officer	Takashi Saeki		Corporate Planning, Investor & Public Relations, Research, Total Logistics Business, CSR & Compliance
Managing Executive Officer	Eizo Murakami		Containership Business, Port Business,
Managing Executive Officer	Mamoru Mori		Managing Director of �K� Line ( Hong Kong ) Ltd.
Executive Officer	Keisuke Yoshida		Finance, GM Finance Group
Executive Officer	Kiyoshi Terashima		Car Carrier Business
Executive Officer	Masami Sasaki		Marine Sector
Executive Officer	Takashi Torizumi		Accounting, Internal Audit
Executive Officer	Shigeo Itaya		Managing Director of �K� Line ( China ) Ltd.
Executive Officer	Kazutaka Imaizumi		Bulk Carrier Business, GM Drybulk Project Business Division
Executive Officer	Toshiyuki Suzuki		Containership Business, GM Containerships Business Group
Executive Officer	Hiromichi Aoki		GM LNG Group