April 25, 2008 - Tokyo, Japan. Kawasaki Kisen Kaisha, Ltd. ("K" Line) has decided on changes to its Auditors. New appointments are subject to approval at the Ordinary General Meeting of Shareholders.
| 1. | Retirement | |
| Name | Present Position | |
| Takatsugu Murai | Auditor | |
| 2. | New Appointment | |
| Name | Present Position | |
| Fumio Watanabe | President & CEO, Mizuho Private Wealth Management Co. Ltd. |