Press Release - MOL Logistics (Japan) Co., Ltd.

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M.O. Air International, U.K. and Germany change their names to"MOL Logistics" / Information by MOA/TYO

November 01, 2000

M.O. Air International, U.K. and Germany
change their names to“MOL Logistics”

M.O. Air System Inc., Japan (MOA) is pleased to announce that its UK and German subsidiaries,　 M.O. Air International (U.K.) Ltd. and M.O. Air International GmbH, will change their names to MOL Logistics (UK) Ltd. and MOL Logistics (Deutschland) GmbH, respectively, effective January 1, 2001.

Objectives
We established such wholly-owned subsidiaries in UK in 1988 and in Germany in 1989, which had been ever offering variety of freight forwarding, warehousing and truck transportation services to our clients since their foundation.

Following the brand new names of our U.S. subsidiary,　 MOL Logistics (USA) Inc. in July and our affiliated organization, MOL Logistics (Netherlands) B.V. in October this year, we will further intend to continue upgrading our service quality in cooperation with the other MOA network throughout the world, and with the MOL’s (Mitsui O.S.K. Lines) network for global shipping services.

Profile of the New Company

(1) Company Name	MOL Logistics (UK) Ltd.	MOL Logistics (Deutschland) GmbH
(2) Date of Rename	January 1, 2001
(3) Share Capital	£400,000	DM1,050,000
(4) Shareholder	M.O. Air System 100 %
(5) Corporate 　　 Representative	Managing Director Yasuo Nishimura	Managing Director Jota Murokoshi
(6) Main Business	Air/Sea Freight Forwarding, Warehousing, Truck Transportation

For further information, please contact:

M.O. Air System, Inc.　 rCargo Administrative Dept. Administrative Group	Hachiro Fukuda (Mr.) Group Manage Tel : (03)5295-1505 / Fax : (03)5296-5760 e-mail : hachiro.fukuda@moa.co.jp
M.O. Air System, Inc Corporate Planning Dept. Planning Group	Shoichi Ozeki (Mr.) Group Manager Tel : (03)5295-1501 / Fax : (03)5296-5751 e-mail : shoichi.ozeki@moa.co.jp

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