News Release

Nov 11, 2002: Announcement of the opening of Xiamen Representative Office.
Nov 01, 2002: Nagoya Branch Mikawa Office was established at Toyokawa-city, Aichi Pref.
Sep 02, 2002: KLAS Indonasia Headquaters moved to Int'l Airport from Jakarta city.
Aug 12, 2002: KLAS USA, DETROIT Office was closed. All function was transferd to CHICAGO Office.
Jul 29, 2002: KLAS Thailand was awarded ISO 9002.
Jul 01, 2002: Main Stockholder was changed to "K"Line Logistics Holdings, Inc.
Jun 12, 2002: KLAS Hong Kong was awarded ISO 9001.
May 17, 2002: 2nd IT World Meeting was held in Baraki Head Office.
Apr 30, 2002: China Airlines closed the HANEDA center of our company by having changed the entrance place into NARITA Airport from HANEDA Airport.
Jan 01, 2002: "K" Line Travel Ltd. take over the whole business of Passenger Division of KLAS Japan and start passenger business transactions as from January, 2002.