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April 21, 2005

MOL Logistics Subsidiary Opens Guangzhou Branch

TOKYO - MOL Logistics (Japan) Co., Ltd. (President: Kazuki Mori) today announced that its subsidiary, Shanghai Huajia International Freight Forwarding Co., Ltd. (Chief Executive Officer: Preston Lui) will open a branch in Guangzhou, Guangdong Province, China, effective on May 8, 2005.

Guangzhou's logistics infrastructure has been developed rapidly thanks to the opening of Guangzhou Baiyun Airport and development at Huangpo port, and other neighboring ports.

The opening of the new Guangzhou Branch allows the company to offer domestic logistics services in China utilizing the MOL Logistics network, which now covers 13 cities in China. In addition, it can provide a range of services for international cargo arriving/departing at Hong Kong and Guangzhou Province.

MOL Logistics (Japan) has also boosted the competitiveness of its sales force and expanded its logistics network all over the world as the MOL Group's core logistics company. To serve China's domestic logistics market, the company will offer just-in-time (JIT) services to customers and plans to launch regular consolidated trucking services linking south, east, and north China, and expand its warehousing services that indirectly support logistics between southern and northern regions. MOL Logistics (Japan) continues to offer high-quality, fine-tuned services as its customers' total logistics partner.

Profile of Shanghai Huajia International Freight Forwarding Co., Ltd. Guangzhou Branch
Address Unit-E, 14/F, Xinyu Building, No.81 Nonlin Xia Road, Dongshan ward, Guangzhou, China
Tel/Fax Tel: (020) 6128-3770     Fax: (020) 6128-3825
Start of operation  May 8, 2005
Representative Isao Oiwa

The MOL Logistics network in China includes 13 offices: Hong Kong, Shanghai, Beijing, Shenzhen, Zhangjiagang, Tianjin, Qingdao, Suzhou, Hangzhou, Guangzhou, Dalian, Ningbo, and Xiamen

For further information, please contact:

MOL Logistics (Japan) Co., Ltd.
Katsuji Kobayashi - Group Manager, Project Development Department
TEL:81-3-5295-1582     FAX:81-3-5295-1551
E-mail: katsuji.kobayashi@mol-logistics.co.jp

Shanghai Huajia International Freight Forwarding Co., Ltd.
Masami Yamamoto - General Manager
TEL:86-20-6415-9392   FAX:86-20-6415-8169
E-mail :masami.yamamoto@mol-logistics.com.cn

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