April 21, 2003 in Social Responsibility News

Other Major Management Issues: On matters related to cancellation of granted stock option

1. Number of stock option grantees: 669
2. Size of stock option: Common – 5,840,100 shares
3. Contents of cancellation:
a. Resolution date for cancellation: 4/18/2003
b. Method of resolution for cancellation: Self forfeit
c. Number of grantee giving up the options: 2
d. Number of shares being forfeited: 73,500 shares
e. Ground (Reason) for cancellation: He gave up his stock options on his own will (letter of intent to give up his stock options was submitted)
f. Others
- The above resolution date is the date when the BOD was informed of the above issue
- The details are as follow:
1. Dae-Je Chin (previous executive)
- Exercise period: 3/10/2004 ~ 3/9/2011
- Exercise price: 197,100 KRW
- Number of shares waived: 70,000
2. Hae-soo Chung (previous executive)
- Exercise period: 3/1/2004 ~ 2/29/2012
- Exercise price: 329,200 KRW
- Number of shares waived: 3,500

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