| April 24, 2007 |
| "K" Line Launches Asia-East Coast South America Container Service |
| Kawasaki Kisen Kaisha, Ltd. ("K" Line) will launch a weekly container service connecting Asia with East Coast South America in June 2007, through cooperation with Compania SudAmericana de Vapores S.A. (CSAV). This new service will meet fast growing market demand from Asia, especially China, to East Coast South America and vice versa. |
| Ports of call will be as follows: |
| Ningbo - Shanghai - Chiwan - Hong Kong - Singapore - Buenos Aires - Paranagua - Itajai - Santos - Durban - Singapore - Ningbo |
| "K" Line currently operates US East Coast-East Coast South America Service and recently launched North Europe-East Coast South America Service. The new service will enhance its container service network over East Coast South America region. |
| For further information, please contact: |
| Takafumi Kido |
| Deputy General Manager, Planning Team |
| Containerships Business Group |
| Kawasaki Kisen Kaisha, Ltd. Tokyo |
| TEL: 81-3-3595-5309 FAX: 81-3-3595-5288 |