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Press Release

Start-up of Partial Operations at Chiba Refinery

January 30, 2013
Cosmo Oil Co., Ltd.
Public Relations Office

Cosmo Oil Co., Ltd. (Head Office: Minato-ku, Tokyo / Paid in Capital: 107.2 bn JPY / President: Keizo Morikawa) express sincere apologies on the concerns and inconveniences caused to the local residents and to all those whom have been affected by the asphalt leakage at Chiba Refinery on June 28, 2012.

The company is pleased to report that the operation of the #2 crude distillation unit (capacity: 120,000 barrels per day) has resumed on January 30th following the necessary preparations which have been made since mid-January (as reported on January 18th).

The company will ensure that all safety measures are taken on the operation of the #2 crude distillation unit and on the stable supply of the petroleum products. Furthermore, under the support of the local residents and the authorities, the company will continue to work towards resuming full refinery operation.

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