Annual Report 1999

(For year ended March 31,1999)

Profile Financial Highlights A Message from the Management Strategic Focus Business Review Container Business Bulk Carrier and Car Carrier Services Tanker and Energy Transportaion Services Coastal Shipping Services Incidental to Marine Transportation Financial Review Selected Financial Data Consolidated Balance Sheets Consolidated Statements of Income and Retained Earnings Notes to Consolidated Financial Statements Report of Independent C.P.A. "K" LINE Group DOMESTIC OVERSEAS The Wide World of "K" LINE Board of Directors and Corporate Auditors Domestic Organization Fleet Container Terminals, Depots and Container Services Outline of the Company Stock Information Attention