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May 8, 2002
Kawasaki Kisen Kaisha, Ltd.

"K" LINE Honored by General Motors as a 2001 Supplier of the Year

Tokyo, Japan - Kawasaki Kisen Kaisha, Ltd. (hereinafter called "K" LINE) was named as a General Motors Supplier of the Year for its superior performance in quality, service and technology. The award was given during ceremonies Saturday, April 27 in Toronto.

"K" LINE is an industry role model that through performance has set an example during the past year for other companies to follow," said Bo Andersson, vice president, GM Worldwide Purchasing Production Control & Logistics. "It is a pleasure to work with a company that excels at meeting our priorities for quality, service and technology."

Isao Shintani, Chairman of "K" LINE, stated this award would not have been achievable without the good teamwork of all involved General Motors and "K" LINE global personnel. In receiving this award, we are elevated to a higher level of expectations, both by GM and ourselves, to not only maintain but to exceed the criteria that had to be realized in order to achieve this award. We readily and willing accept this challenge, and we are deeply honored to be receiving this prestigious award, one that is truly of global proportions.

The GM Supplier of the Year award began as a global program in 1992. Award-winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service and technology. This year, General Motors honored 91 suppliers from 18 countries for their excellence throughout 2001.

"K" LINE was founded in 1919 and has grown to be one of the largest ocean carriers in the industry. We endeavor with passion and courage to maintain a solid position as a world class shipping company in the area of vehicle carriers, containerships, bulk carriers and energy-resource carriers. We maintain a fleet of approximately 300 deep-sea vessels, among which about 65 are specialized vehicle carriers servicing global markets and trade routes. Of about the 8.0 million vehicles carried by deep sea vessels in global trades annually, "K" LINE carries about 1.6 million vehicles or about 20% of the total.

In regards to General Motors our trade routes of carriage, for approximately 165,000 units annually, include, but are not limited to, Japan & Australia to the Middle East, USA to Mediterranean Sea, Europe, Brazil & Argentina to Mexico, to/from Brazil/Argentina, USA & Europe to Australia, Thailand to Australia, Southeast Asia & Europe.

left to right
Mr. Robert E. Socia, Chairman, GM/Fiat Worldwide Purchasing 
Mr. Isao Shintani, Chairman, Kawasaki Kisen Kaisha, Ltd. 
Mr. Michael J. Burns, President, GM Europe

left to right
Mr. Robert E. Socia, Chairman, GM/Fiat Worldwide Purchasing
Mr. Isao Shintani, Chairman, Kawasaki Kisen Kaisha, Ltd.
Mr. Michael J. Burns, President, GM Europe

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