Press Releases

“ENEOS CAR CENTRE” Third Outlet Opened
- “All-Round Car Shop” in Malaysia -

December 16, 2008

PRESS RELEASE

Nippon Oil Corporation (President: Shinji Nishio), is pleased to announce that Nippon Oil Malaysia Sdn. Bhd. (President: Tatsuya Iri), our group company in Malaysia, today opened our third “ENEOS CAR CENTRE” all-round car shop which offers a range of services from the sale of car equipment and supplies, to checkups and maintenance, in “Aeon Bukit Tinggi shopping centre” (Klang, Selangor).

The outlet is an independent store with a sales area of approximately 800m² and 11 car pits, located in parking area of the large shopping centre (SC) which boasts an ability to attract a great number of customers. This is the company’s third outlet in Malaysia.

The shop contains “ENEOS Oil” lubricant for cars, and a range of about 4,000 items of car equipments and supplies such as car audios, tires, wheels, various parts and accessories, responding to all customers’ cars needs.
Furthermore the outlet offers a service of installing automobile parts, checkups and maintenance works that will be conducted by resident mechanics whilst the customers who come to the SC are shopping.

In Japan, our group has deployed “Dr. Drive” service stations nationwide and operates two “Carezza” car shop outlets, providing all round support for customers’ car life. In addition to this know-how, we will apply information and experience acquired from the first and second “ENEOS CAR CENTRE” outlets and develop “ENEOS” in Malaysia as “the most supported brand”.

Since we obtained a mine block concession in 1987, we have been engaging in exploration, production and the sale of natural gas in Malaysia. We will continue to consider Malaysia as one of the important regions in our group’s overseas business development.

[Overview of the third “ENEOS CAR CENTRE” outlet]

1. Summary of business: Sale of car equipments and supplies and car maintenance

2. Address: Southern Klang, Selangor, suburb of Kuala Lumpur in the first floor parking area at “Aeon Bukit Tinggi shopping center”

3. Summary of facilities: Sales area of approximately 800m² and 11 pits

4. Product range: Approximately 4,000 items such as car audios, tires, wheels, various sport parts and interior accessories, car wash equipment

5. Services: Checkups, maintenance, installation and exchange of car equipment

<Image view of the outlet>

<Reference>

1. Overview of the first and second “ENEOS CAR CENTRE” outlets

[First outlet]

• Opened: October 23, 2003
• Address: Damansara, Selangor, suburb of Kuala Lumpur
  On the first basement level in “Aeon Bandar Utama shopping center”
• Summary of facility: sales area of 1, 200 m² and 16 pits

[Second outlet]

• Opened: January 29, 2004
• Address: Kepong, Kuala Lumpur
  On the first floor in “Aeon Metro Prima shopping center”
• Summary of facility: sales area of 950 m² and 15 pits

2. Overview of “Dr. Drive” service stations, and “Carezza” car shops

(1) “Dr. Drive” gas stations
Our unique service stations (SS) aim not only to refuel gasoline and diesel oil but also to sell an extensive range of automobile-related products and services. Under the concept of “Supporting safe and refreshing drive as the family doctor for our customer’s cars”, we are developing SSs at which mechanics with national qualification and “master of car-wash” who completed our service training will offer customers high quality products and services, not only petroleum, car wash and tire-replacement services but also daily-checks and car safety inspections.

* There are 2,185 stations nationwide as of the end of November 2008

(2) “Carezza” car shops
Targeting all customers who “cherish their car,” Carezza is a large reliable specialist car care shop, emphasizing its expertise with a full assortment of genres and items.
We opened our Hachioji shop and Itabashi shop in 1998.

3. Overview of oil and natural gas development business in Malaysia

Our business in Malaysia is one of our group’s core oil and natural gas development projects. Natural gas produced offshore in Sarawak, Malaysia by Nippon Oil Exploration (Malaysia) Ltd. and Nippon Oil exploration (Sarawak) Ltd., is transported to a liquefaction plant in Bintulu owned by Malaysia LNG Tiga Sdn. Bhd. via seabed pipelines, and is used as a raw material for LNG.
Nippon Oil Corporation made a 10% investment in Malaysia LNG Tiga Sdn. Bhd.. By means of participating in all aspects of the business from exploration, development and production of natural gas to sales of LNG, our group contributes to a stable supply for LNG consuming countries including Japan. In addition, we have started new exploration activities in the blocks acquired in 2007 and 2008.