Northanpton, 3rd June 2008:

NYK Logistics (UK) Ltd appoints new Sales Director

NYK Logistics (UK) Ltd has announced the appointment of Steve Russell as Sales Director.

Steve, (54), joins the company following a period working with NYK in a consultancy role, spearheading the development of NYK’s relationship with a major manufacturing customer. Prior to this, Steve was a Director at the former Christian Salvesen where he worked for 19 years in a series of increasingly senior roles.

At NYK, Steve will be responsible for new business acquisition and key account development to accelerate growth in key sectors including consumer goods, pharmaceutical/healthcare, non-food and food retailing, automotive and general manufacturing.

At a strategic level, Steve will develop and design a strategy which will allow NYK to further exploit its unique ability to provide end-to-end supply chain solutions on a global basis, maintain double digit revenue growth and increase profits.

Steve said: “On the one hand, NYK has a blue-chip customer base, access to a global infrastructure and the backing of the NYK Group. On the other, it remains an extremely agile organisation with the autonomy to make decisions and get on with things. This combination of qualities is unusual and attractive to both existing and potential customers.

“The company also has a good mix of personality and personalities – the culture and people within the business are both good and I very much look forward to becoming an active member of the team and driving the growth and development which I am confident the business is well placed to achieve.”

Steve takes a place of NYK’s Board of Directors, reporting to Chief Executive Officer, Ian Veitch.

Married to Chris, Steve lives in Brixworth, Northampton and enjoys golf, rugby and gardening in his spare time.

About NYK Logistics

NYK Logistics is a global provider of integrated supply chain solutions, offering a unique combination of services, supported by sea, air, road and rail resources and a worldwide network of over 110 large-scale storage, consolidation and distribution centres.

Supported by the $26 bn NYK group, NYK Logistics creates fully dedicated or shared-user operations for customers looking to achieve specific supply chain requirements – irrespective of size, complexity or fluidity.

The company has developed a wide range of supply chain expertise by working with blue chip clients within the fmcg, retail, consumer electronics, grocery, apparel, automotive and pharmaceutical sectors around the world.

ENDS

About NYK:
Nippon Yusen Kabushiki Kaisha is one of the world's leading transportation companies. The NYK Group operates approximately 777 major ocean vessels, as of the end of March 2008, as well as fleets of planes, trains, and trucks. The company's shipping fleet includes around 155 containerships, 286 bulk carriers, 55 wood-chip carriers, 113 car carriers, 21 reefer carriers, 79 tankers, 30 LNG carriers, and three cruise ships. NYK's revenue in fiscal 2007 was about $26 billion, and as a group, NYK employs about 51,000 people worldwide. The company has offices in 240 locations in 27 countries, warehouses on nearly every continent, and harbor operations in Asia, North America, and Europe. NYK is based in Tokyo, and has regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo.