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Managerial Appointments at MOL (America)

Maritime Activity Reports, Inc.

July 7, 2004

MOL (America) Inc. announced the appointment of Mr. Thomas Smart to the position of Midwest Regional Import Sales Manager, and the promotion of Mr. Larry Flading to the position of Midwest Regional Export Sales Manager.

Mr. Smart assumes his new position having served as MOL (America) Inc.’s Midwest Regional Export Sales Manager since joining MOL in September 2002. Mr. Smart, who brings two decades of industry knowledge and experience to his new position, is now responsible for managing all import sales and customer service activities in Colorado, Illinois, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin and parts of Pennsylvania.

Mr. Flading assumes his new position having served as MOL (America) Inc.’s Sales Manager based in Kansas City since 1994. Mr. Flading brings nearly 20 years of experience to his new position. As Midwest Regional Export Manager, he is now responsible for managing all aspects of export sales and customer service activities in Colorado, Illinois, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin and parts of Pennsylvania.

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