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April 2, 2004
Kawasaki Kisen Kaisha, Ltd.

"K"Line and Zim Line will exchange slots between AMP/PNW

Kawasaki Kisen Kaisha, Ltd. ("K"Line) and Zim Israel Navigation company have now agreed to start slot exchange between AMP (Zim) and PNW ("K"Line) as from May, 2004 subject to approvals by concerned authorities. Both the Lines are confident that high quality service and wider range of service scope can be offered to the customers on the Asia / Mediterranean / Asia and Asia / Pacific North-West / Asia trades respectively.

(Zim - AMP)
Pusan - Shanghai - Shekou - Hong Kong - Singapore - Haifa - Koper - Venice - Trieste - Piraeus - Haifa - Colombo - Singapore - Shekou - Hong Kong - Shanghai - Pusan - Vancouver - Seattle - (Pusan)

("K"Line - PNW)
Yantian - Hong Kong - Kobe - Nagoya - Tokyo - Tacoma - Vancouver - Portland - Tokyo - Nagoya - Kobe - (Yantian)

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