| April 25, 2003 |
| |
| Change of Corporate Auditors as of June 27, 2003 |
| |
| Kawasaki Kisen Kaisha, Ltd. ("K" LINE) is pleased
to announce that the following changes in Corporate Auditors have been decided subject to
approval at the Ordinary General Meeting of Shareholders and the following Board Meeting
on June 27, 2003. |
| |
| 1. Newly Appointed Candidates for Corporate Auditor |
| |
| (new position) |
(name) |
(current position) |
| Corporate Auditor |
Osamu Dei |
Senior Managing Director of Kawasaki
Kinkai |
|
|
Kisen Kaisha, Ltd. |
| Corporate Auditor |
Kengo Yamashita |
Director of Kawasaki Heavy Industries,
Ltd. |
|
| |
| 2. Corporate Auditors to Resign |
|
| (current position) |
(name) |
(planned post-retirement assignment) |
| Corporate Auditor |
Tomofumi Hida |
Senior Managing Director of Nitto
Tugboat Co., Ltd. |
| Corporate Auditor |
Shuzo Susei |
|
|
| |
| For more details kindly contact as follows: |
| Naoki Kawamura, General Manager, IR & PR Group |
| Tel: +81-3-3595-5063 Fax:03-3595-5001 |