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July 31, 2015
Mitsui O.S.K. Lines, Ltd.(TSE-Code:9104) Announces Revision of FY2015 Outlook

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TOKYO - Mitsui O.S.K. Lines, Ltd. (the Company; President & CEO: Junichiro Ikeda) today announced
a revision of its consolidated business outlook for FY2015 (April 1, 2015 to March 31, 2016), issued on
April 30, 2015, as follows:

9017,000

16,000 249,000 20,000 16.72

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Reason for revision of outlook

The Company made a downward revision for the first six months of FY2015 forecast from the previous forecast assuming operating income to be significantly deteriorated in consideration of worse containership freight market than estimated in initial outlook. The market remained weak as the
Asia-Europe route and other routes were affected by weak cargo volumes and the gap between vessel supply and cargo demand resulting from deliveries of large containerships expanded.
For a full-year outlook, the Company made a downward revision of revenue and operating income because of the revision to the 1st half outlook but left the ordinary income and net income(*) forecast unchanged.

(*) Profit attributable to owners of parent

[Note] The above future outlook is issued by the Company on the basis of currently available information as of the announcement date. Please note that the actual results may differ from this outlook due to
various factors in the future.

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