Change of Board Members as of April 1, 2003

February 28, 2003

Change of Board Members as of April 1, 2003

At a regular meeting of Kawasaki Kisen Kaisha, Ltd., Board of Directors on February 28, it has been resolved to promote Directors and to change the responsibilities of some Board of Directors as of April 1, 2003.

(name)	(new position)	(current position)
Yoshio Iinuma	Senior Managing Director	Managing Director
Yoichi Hasegawa	Senior Managing Director	Managing Director
Fumito Kawamata	Managing Director	Director
Shigeru Soda	Managing Director	Director

The responsibilities of Board of Directors as of April 1, 2003 are shown in the attached.

For more details kindly contact as follows:
Naoki Kawamura, General Manager, IR & PR Group
Tel: +81-3-3595-5063 Fax:03-3595-5001

Board of Directors as of April 1, 2003

(title)	(name)	(responsibilities)
Chairman	Isao Shintani*
President	Yasuhide Sakinaga*
Senior Managing Director	Takefumi Araki*	Assistant to President
Senior Managing Director	Hiroyuki Maekawa*	Car Carrier sector, Corporate Planning Group and Finance Group
Senior Managing Director	Isao Akiba*	Bulk Carrier sector and Energy Transport sector
Senior Managing Director	Yoshio Iinuma*	Container Transportation sector, Information System and Logistics business
Senior Managing Director	Yoichi Hasegawa*	Corporate sector (except Corporate Planning Group and Finance Group) and Marine/Technology sector
Managing Director	Keisuke Nagato	Assistant to the Senior Managing Director of Marine sector
Managing Director	Nobuya Kamisaka	Containership Sales sector
Managing Director	Tetsuo Shiota	Corporate sector (except Corporate Planning Group and Finance Group)
Managing Director	Katsue Yoshida	Energy Transport sector and Tanker Group
Managing Director	Satoru Kuboshima	Information System and Logistics business
Managing Director	Fumito Kawamata	CEO of "K" Line (Europe) Limited
Managing Director	Shigeru Soda	Coal & Iron Ore Carrier Group
Director	Norio Tsutsumi	Ship Planning Group, Environmental Management and Marine Technology
Director	Toshio Shimizu	Containerships Business Group, Container Transport Management Group and Port Business Group
Director	Shigenori Ishii	Thermal Coal Group
Director	Yoshiyuki Ohta	Bulk Carrier Planning & Co-ordination Group and Bulk Carrier Group
Director	Hisashi Yasui	LNG Group
Director	Toshinori Morita	Car Carrier sector

* Marked Directors represent the Company.

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