Press Release

July 15, 2003

MOL Logistics established HANOI Representative Office

We, MOL Logistics (Japan) Co., Ltd., are pleased to announce that we have opened a new representative office in Hanoi, Vietnam since Wednesday, July 09, 2003.

The profile of Hanoi Representative Office is as follows ;

>Office Name MOL Logistics (Japan) Co., Ltd. Hanoi Representative office
>Representative  Takanori Fujita (Former Ho Chi Minh Representative)
>Address Prime Center 17th Floor 53, Quang Trung Street, Hanoi, Vietnam
>Tel/Fax Tel 84-4-9437325 Fax 84-4-9437324
>e-mail address

We certainly hope that our new office will be able to serve you better.

>For more information, please contact ;

Takashi Nakahira
Group Manager, Corporate Planning Dept.
MOL Logistics (Japan) Co., Ltd.
TEL: 81-3-5295-150‚P/ FAX: 81-3-5296-5751

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