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Business Alliance in the logistics field between Mitsui & Co. Ltd and JAL

May 26, 2009


Mitsui & Co., Ltd.,
Japan Airlines International Co., Ltd.,


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Tokyo May 26, 2009: Today, Mitsui & Co., Ltd (Mitsui) and Japan Airlines Group (JAL) jointly announced a business alliance agreement in the logistics field, with Mitsui offering logistics solution services centering on sea freight transport and JAL offering its air cargo transport services in what is a first of its kind cooperation between a general trading company and. an airline in Japan

Under the agreement, both parties will complement each other with their respective strengths to further improve service and increase competitiveness. "Value-up Innovation Partners by Mitsui & JAL" is the one-stop service solution formulated as a result of their collaboration, and aims to offer customers an enhanced value chain with wider options in the areas of transportation modes, logistics processing, and other technique-based functions such as logistics financing.

Combined functions offered by the cooperation between Mitsui and JAL.

Combined functions offered by the cooperation between Mitsui and JAL.

At a time when global demand in the logistics sector is weak, and as the industry continues to face a challenging year ahead, Mitsui and JAL both recognize the need to expand service territories and to raise the level of convenience and service standards by providing a comprehensive and seamless transport process that will meet the needs of the customers. The companies hope that through the partnership, they can both transcend the frameworks of a logistics division in a general trading firm and of an airline, and integrate their respective features and functions to offer support to the businesses of their customers.

Both group companies will start sales activities from July 1, 2009.

Notice:
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

Information

For inquiries on this matter, please contact

Mitsui & Co., Ltd.
Public Relations, Press
Kawamura
Telephone: +81-3285-7540
Facsimile: +81-3285-9819
Japan Airlines International Co., Ltd.,
Public Relations
Yatsugi
Telephone: +81-5460-3105
Facsimile: +81-5460-3108