We express our heartfelt sympathy to those whom have suffered from the recent earthquake in the Tohoku Area.

Our latest actions are as below (March 23, 2011)

1. Operation of Refineries (Reported March 18th)

Refinery	CDU Capacity (barrels/day)	Status	Shipment/Delivery
Chiba	(220,000)	Not Operating	Partial land delivery resumed /Preparing for seaborne delivery
Yokkaichi(*)	175,000	Operating	Normal Operation
Sakai	100,000	Operating	Normal Operation
Sakaide(*)	140,000	Operating	Normal Operation

(*) CDU(Crude Distillation Unit) Capacity increased on March 15th.

Yokkaichi

125,000→175,000 barrels/day

Sakaide

110,000→140,000 barrels/day

< Status of Chiba Refinery >

• Fire
  Fully extinguished as of 10:10 March 21
  All actions will be taken to resume safe operations
• Shipment/Delivery
  Safeness confirmed for several seaborne shipment/delivery facilities
  Safeness confirmed for land facilities and resumed shipment/delivery on remaining inventory

2. Supply/Delivery of Oil Products to Tohoku Area

(1) Correspondence to emergency procedures announced by METI

• Production increase
  Production of oil products have been increased in Cosmo's 3 refineries located in the central to western part of Japan and delivery is prioritized to the earthquake damaged area
• Selection of "Prioritized Secure Supply Service Station" (hereinafter SS)
  Selection of approximately 30 SS being made in conjunction with the local emergency centers to provide oil products with priority to (1)emergency vehicles (2)vehicles delivering supply to earthquake damaged area.
• Shipment/Delivery of kerosene in metal drums
  Preparations are being made in our operating refineries located in the central to western part of Japan to ship/deliver kerosene in metal drums to the earthquake damaged areas.As the 1st shipment/delivery, 50 metal drums each containing 200 liters of kerosene have been dispatched from Sakai Refinery to Japan Defense Force’s Matsushima Base. More shipments/deliveries to the damaged areas will follow.

(2) Status of depots in Tohoku Area

Shipments/deliveries to depots along the coast of "Japan Sea" are being made to deliver oil products to the earthquake damaged areas. Prioritized delivery is currently being made to "places/facilities where the local and central government requires" and "places/facilities for emergency and medical care"

< Cosmo Oil's depots in the Tohoku area >

Location	Depot	Products in	Products out	Remarks
Japan Sea side	Aomori(*1)	○	○	Dispatching
Japan Sea side	Akita(*1)	○	○	Dispatching
Japan Sea side	Sakata(*1)	○	○	Dispatching limited product grades
Inland	Morioka(*2)	×	○	Dispatching remaining inventory
Inland	Koriyama(*2)	×	○	Dispatching remaining inventory
Pacific Ocean side	Hachinohe(*1)	×	○	Dispatching remaining inventory
Pacific Ocean side	Shiogama(*1)	×	○	Dispatching remaining inventory
Pacific Ocean side	Onahama(*1)	×	○	Dispatching remaining inventory

• (*1) Operated by Tozai Oil Terminal Co., Ltd.
• (*2) Operated by Nippon Oil Terminal Co., Ltd.