News and Press Releases

"K" Line Change In Top Management

April 21, 2006 -Tokyo, Japan. - Kawasaki Kisen Kaisha, Ltd. ("K" Line) has decided in a board meeting held today on changes to its Board of Directors and its formation. These changes are subject to approval at the Ordinary General Meeting of Shareholders and the following Board meeting on June 26, 2006.

I. The list of responsibilities of Executive Officers scheduled on and after June 26, 2006.

Please refer to Attachment

II . The list of Directors & Corporate Auditors scheduled on and after June 26, 2006.

Please refer to Attachment

III. Directors

  1. Retirement/Change of Responsibilities
    Present Position Name Scheduled new position
    Managing Director Nobuya Kamisaka Continue President of "K" Line (Japan) Ltd.
    Managing Director Fumito Kawamata Executive Vice President of International Transportation Service Inc.
    Managing Director Mamoru Shozui Senior Managing Director of "K" Line Air Service, Ltd.
    Managing Director Shigeru Soda Continue as Executive Officer of "K" Line
    Managing Director Shigenori Ishii Continue as Executive Officer of "K" Line
    Managing Director Yoshiyuki Ota Continue as Executive Officer of "K" Line
    Director Hisashi Yasui Continue as Executive Officer of "K" Line
    Director Toshio Suzuki Continue as Executive Officer of "K" Line
    Director Takumi Yoshii Continue as Executive Officer of "K" Line
    Director Kazuyuki Oda Continue as Executive Officer of "K" Line
    Director Akira Otsu Continue as Executive Officer of "K" Line
    Director Yoshikazu Minagawa Continue as Executive Officer of "K" Line
    Director Jiro Asakura Continue as Executive Officer of "K" Line
    Director Eizo Murakami Continue as Executive Officer of "K" Line
     
  2. New appointment/Promotion
    Name Present Position
    Eiichi Suzuki President, Seagate Corporation
    Will serve as Advisor from May 12, 2006.
    Keisuke Yoshida General Manager, Finance Group
     
  3. Change of Representative Director
    Yasuhide Sakinaga will resign from this responsibility (will keep assume Chairman of the Board)
    Eiichi Suzuki will assume this responsibility
  4. The present title of position of Senior Managing Director and Managing Director on the Board of Directors will be abolished.

IV. Lineup of Executive Officers (Board Member as well)

Title of Position Name
President & CEO * Hiroyuki Maekawa
Vice President & Assistant CEO * Eiichi Suzuki
Senior Executive Officer * Yoichi Hasegawa
Senior Executive Officer * Tetsuo Shiota
Senior Executive Officer * Katsue Yoshida
Senior Executive Officer * Toshio Shimizu
Managing Executive Officer * Satoru Kuboshima
Managing Executive Officer Shigeru Soda
Managing Executive Officer * Norio Tsutsumi
Managing Executive Officer * Toshinori Morita
Managing Executive Officer Shigenori Ishii
Managing Executive Officer Yoshiyuki Ota
Managing Executive Officer Toshio Suzuki
Managing Executive Officer * Kozo Eguchi
Managing Executive Officer Kazuyuki Oda
Managing Executive Officer Eiichi Murakami
Executive Officer Hisashi Yasui
Executive Officer Takumi Yoshii
Executive Officer Akira Otsu
Executive Officer Yoshikazu Minagawa
Executive Officer Jiro Asakura
Executive Officer * Takashi Saeki
Executive Officer Eizo Murakami
Executive Officer * Keisuke Yoshida
 

Attachment 1 
The responsibilities of Executive Officers on and after June 26, 2006
 
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 Executive Officer Yoichi Hasegawa Car Carrier Business, Development of business in China & Emerging Business Areas
Senior Executive Officer Tetsuo Shiota Corporate Sector
Senior Executive Officer Katsue Yoshida Energy Resources Transportation Business, Technical Sector
Senior Executive Officer Toshio Shimizu Containership Business, Port Business, Total Logistics Business
Managing Executive Officer Satoru Kuboshima Accounting, Legal and General Affairs
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
Managing Executive Officer Shigenori Ishii Dry Bulk Carrier Business
Managing Executive Officer Yoshiyuki Ota Dry Bulk Carrier Business
Managing Executive Officer Toshio Suzuki President & CEO of "K" Line America, Inc.
Managing Executive Officer Kozo Eguchi Marine Sector
Managing Executive Officer Kazuyuki Oda Managing Director of "K" Line (China) Ltd.
Managing Executive Officer Eiichi Murakami Car Carrier Business
Executive Officer Hisashi Yasui LNG Carrier Business
Executive Officer Takumi Yoshii Car Carrier Business
Executive Officer Akira Otsu Tanker Business, GM Tanker Group
Executive Officer Yoshikazu Minagawa Managing Director of "K" Line (Hong Kong) Ltd.
Executive Officer Jiro Asakura Dry Bulk Business, GM Coal & Iron Ore Carrier Group
Executive Officer Takashi Saeki Corporate Planning, Investor & Public Relations, Corporate Social Responsibility
Executive Officer Eizo Murakami Containership Business, Port Business,
Total Logistics Business
Executive Office Keisuke Yoshida Finance
 
Attachment 2
Directors and Corporate Auditors on and after June 26, 2006
1. Directors
Title Name Remark
Chairman of the Board Yasuhide Sakinaga Chairman of the Board
President Hiroyuki Maekawa Chief Executive Officer as well
Representative Director Eiichi Suzuki Executive Officer as well
Representative Director Yoichi Hasegawa Executive Officer as well
Representative Director Tetsuo Shiota Executive Officer as well
Representative Director Katsue Yoshida Executive Officer as well
Representative Director Toshio Shimizu Executive Officer as well
Director Satoru Kuboshima Executive Officer as well
Director Norio Tsutsumi Executive Officer as well
Director Toshinori Morita Executive Officer as well
Director Kozo Eguchi Executive Officer as well
Director Takashi Saeki Executive Officer as well
Director Keisuke Yoshida Executive Officer as well
 
2. Corporate Auditors
Title

Name

Remark
Corporate Auditor Osamu Dei  
Corporate Auditor Takatsugu Murai Non-executive Internal Auditor
Corporate Auditor Koichi Otaki  
Corporate Auditor Kengo Yamashita Non-executive Internal Auditor