"K" Line

16 February 2015

Kawasaki Kisen Kaisha Ltd (“K” Line) has decided in a board meeting held on Friday, 13^th February changes of Representative Directors and Executive Officers.

Details of these changes are available to download from the “K” Line website at:

http://bit.ly/1Dx98jN

“K” Line Contact:

Kiyoshi Tokonami

IR& PR Group

Kawasaki Kisen Kaisha, Ltd., Tokyo

30 January 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) today announced at the Board of Directors’ meeting a series of changes to Top Management.

Please click on the following website link for details:

http://www.klineurope.com/News/newsview.aspx?id=651

For further information, kindly contact the following:

Kiyoshi Tokonami, General Manager, IR & PR Group

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

Tel: +81-3-3595-5189

30^th January 2015

Please be advised that “K” Line has released the following press statements today:

・Financial Highlights for 3rd quarter F2014

http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2015/01/30/fh2014_3con_e.pdf

・Revised Forecast of Financial Results

http://www.kline.co.jp/en/ir/stock/disclose/detail/__icsFiles/afieldfile/2015/01/30/20150130RevisedForecastofFinancialResults.pdf

These statements are also available from their Website both English and Japanese.

http://www.kline.co.jp/en/

For further information, please contact:

Kiyoshi Tokonami

IR&PR Group

Tel: +81-3-3595-5189 Fax: +81-3-3595-5001

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

20 January, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) announces that the Rating and Investment Information, Inc. (R&I) has upgraded the Issuer Rating of the company from “BBB-” to “BBB”, effective from Jan 19, 2015. The rating on the Domestic Commercial Paper Programme remains unchanged.

Issuer Rating                                    :  BBB   (Upgraded from BBB- )

Rating Outlook                                :  Stable

Commercial Paper Rating            :  a-2  (Affirmed)

R&I cited the following major reasons for the upgrade:

1. Reforming cost structure in the container ship business helps to reduce concern over a possible huge loss.
2. The car carrier business has become a source of earnings thanks to high transportation quality and strong relationship with customers.
3. The dry bulk business with medium-long term contracts and the LNG business with high entry barriers are generating solid profit.
4. Its equity capital is rising and the balance between debt and cash flow is also improving.

1 December 2014

In October 2014, SAL successfully completed its first offshore wind-farm-related operation on the Baltic Sea. This offshore operation was part of the Wikinger offshore wind farm project developed by Spanish energy company Iberdrola, whose test pile contract was awarded to German engineering and services group Bilfinger. Bilfinger subcontracted SAL to carry out the tests, and accordingly, SAL’s main offshore installation vessel MV LONE independently conducted the driving of 9 piles into the seabed to a depth of approximately 35 m, including loading and transporting the piles. The piles are for the purpose of confirming the design from a soils perspective.

SAL had sporadically engaged in offshore operations in the past, including implementing a project to deliver equipment underwater (wet-handshake) off the coast of India and a project to change the equipment modules of a floating production, storage and offloading vessel for oil and gas off the coast of Nigeria. SAL then officially entered the offshore operation sector after constructing MV LONE and MV SVENJA, which are equipped with dynamic positioning systems. In 2013, SAL Offshore B.V. was established in Delft, Netherlands, and since then SAL has actively participated in offshore projects, including the installation of submarine pipeline equipment in the Mediterranean and the installation of a tide power generator off the coast of Scotland. This piling work is SAL’s first offshore wind-farm-related operation.

The project was started at the end of September after 4 months of careful planning and thorough preparation, including with significant support from engineering. MV LONE was first fitted out with additional living quarters and project equipment, including 6 tugger winches at Rotterdam. MV LONE was then loaded with the piles, a template for specifying the pile driving positions, a level for setting a pile, an ROV (underwater robot), and an underwater hammer at Sassnitz, Germany, and traveled to the planned construction site of the offshore wind farm approximately,30 km off the coast. MV LONE carried out a series of activities, namely, installation of the 110-t template at the seabed, insertion of piles into the template, and hammering of piles into the seabed. The operation was divided into two sessions in accordance with the water depth, and 9 piles were successfully installed in about 10 days. A further testing campaign of the piles is planned to be carried out by MV LONE in December.

SAL will continue to actively participate in offshore projects by taking full advantage of its engineering capability developed through heavy-item shipping and harbor construction projects, recent experience in offshore projects, high-quality vessels, and the quality work provided by its skilled competent crews.

November 5, 2014

SAL Heavy Lift GmbH (SAL), a 100% subsidiary of “K” Line and heavy-lift shipping company based in Germany, has transported three newly-built ferries which were constructed under the sponsorship of Official Development Assistance (ODA).

In Yangon, ferries have been transporting more passengers than their maximum capacity on a route between central Yangon and Dala area which is located across Yangon River, and those ferries which are currently operating have had damage due to being in service for a very long period. Therefore, it was necessary to replace the ferries with the new ones. The newly-built ferries (270 mt each) were built at Nakatani Shipbuilding Co., Ltd. in Edajima, Hiroshima Prefecture. In mid-October, SAL’s M/V PAULA (total crane capacity 700 mt) loaded the three ferries onboard in Hiroshima and on 31 October she has completed the discharge operation of the ferries in Yangon.

It is expected that the inauguration of the new ferries will greatly improve safety of river transportation in Yangon as well as the quality of transportation environment for the Yangon citizens.

Myanmar has recently been attracting the attention as “post-China” and Japanese Government is cooperating with Myanmar with regards to the development of Thilawa Industrial Park and many Japanese companies have commenced operations in Myanmar. We “K” Line opened our Representative Office in Yangon in January 2014 and we will be providing customers with multi-modal services which would respond to their needs in marine transportation, logistics and related businesses.