February 23, 2004 in Social Responsibility News

Report on the Status of Treasury Stock

1. Purpose: Delivering the treasury stock following a stock option exercise
2. Expected amount to deliver: KRW 329,200
3. Type and number of stocks
- Common shares: 951,437 (portion: 0.55%, total price: KRW 4,757,185,000)
4. Details of the share price
- BOD decision date: Feb. 4th 2004
- Common share price: KRW 509,000
5. Method:
- Delivery of treasury stock following a stock option exercise
6. Period of disposal
- From March 1st 2004 ~ Feb. 29th 2012
7. Treasury Stock status (Feb. 20th 2004)
- Before delivery
- Common stock (Regulation 189-2)
- Volume: 10,380,937
- Portion: 6.9%
- Total amount: KRW 2,255,279 mill
- Preferred stock (Regulation 189-2)
- Volume: 1,879,693
- Portion: 8.14%
- Total amount: KRW 194,065 mill
- Net total (Regulation 189-2)
- Volume: 12,260,630
- Portion: 7.07%
- Total amount: KRW 2,449,344 mill

8. Other elements necessary to protect investors
- Regarding issuance of stock option on Feb. 2002
- Date: Feb. 28th 2002
- Exercise price: KRW 329,200
- Exercise period: March 1st 2004 ~ Feb. 29th 2012
- Status of valid shares
- # of shares granted: 988,000
- # of expired shares: 3,500
- # of valid shares 984,500
* Note: # of valid shares following share retirement (April, 2003, Jan. 2004): 951,437
- Status of recipients:
- # of stock option grantee: 174
- # of recipients with expired shares: 1
- # of valid recipients: 173


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