News and Press Releases

March 12, 2010

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided in the board meeting held today on changes of Representative Directors and Executive Officers.

1. Changes of Representative Directors
   
    

   (1) Takashi Saeki will resign from this responsibility as of March 31, 2010.
   (2) Keisuke Yoshida will assume this responsibility as of April 1, 2010.

2. Changes of Executive Officers
   
    

   (1)  New Appointment as of April 1, 2010

   New Position

   Name

   Present Position
   Executive Officer

   Atsuo Asano

   General Manager, Coal and Iron Ore Carrier Group

   (2)  Promotion of Executive Officers as of April 1, 2010

   New Position

   Name

   Present Position
   Chairman Executive Officer

   Hiroyuki Maekawa

   President and CEO
   President & CEO

   Kenichi Kuroya

   Vice President
   Senior Executive Officer

   Keisuke Yoshida

   Managing Executive Officer
   Managing Executive Officer

   Shigeo Itaya

   Executive Officer

For the list of responsibilities of Executive Officers scheduled on and after April 1, 2010 please refer to Attachment 1