MOL Names New Trade Management EVP/COO

August 16, 2006

Tsuyoshi Yoshida has been appointed as the new executive vice president and CEO of Trade Management for MOL (America) Inc. Yoshida will have responsibility for pricing, security, business and network planning, as well as trade administration. He will also sit on MOL America's Board of Directors. A 25-year company veteran, Yoshida has extensive experience through positions held in MOL’s sales, marketing, pricing, operations, network planning and trade management organizations in Tokyo and Europe. Most recently, he was the General Manager of the Strategic Planning & Asset Group in Tokyo. Yoshida is a graduate of Yokohama National University with a baccalaureate degree in Business Management. Yoshida succeeds Toshiya Konishi who is returning to Tokyo as the General Manager of the Liner Division’s Strategic Planning & Asset Management Group. Konishi led MOL America’s Trade Management organization during a turnaround in the company’s profitability which achieved record levels in 2005.

MOL Names New Trade Management EVP/COO

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