March 25, 2002 in Social Responsibility News

BOD Resolution on Acquisition of Treasury Stock

Objective
- Stock buy-back is needed to stabilize the stock price and
return profits to shareholders.

Class and Number of Stock
- Common stock : 1,330,000 shrs ( 0.9% of shares outstanding)
- Preferred stock : 210,000 shrs ( 0.9% of shares outstanding )

Repurchase Period
- Repurchase of stock will be made for three months beginning
four days after the BOD resolution('02.3.25) is made.

Repurchase Method
- Samsung Securities, Korea Investment Trust and Daehan
Investment Trust will make the purchase in the market

Finance
- Repurchase will be financed with internal cash flow.


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