May 25, 2004 in Social Responsibility News

Other Major Management Issues: 1 year extension of the disposal date for Hanaro Telecom and Dacom Co., shares (May 25, 2004 ~ May 24, 2004)

1. Details of companies: (As of end of Q1, 2004)
a. Name – Dacom Co.,
b. CEO – Chung, Hong-Sik
c. Paid in capital (Million KRW) – 185,838
d. Total issued shares – 37,167,640
e. Business area – Telecommunication
f. Address – Seoul Si, Kang Nam Gu, Yeok Sam Dong, 706-1


a. Name – Hanaro Telecom
b. CEO – Yoon, Chang-Beon
c. Paid in capital (Million KRW) – 2,310,676
d. Total issued shares – 462,135,180
e. Business area – Telecommunication
f. Address – Seoul Si, Chung Ku, Tae Pyung Ro, 2 Ka, 43 Beon Ji

2. Number of shares to be sold (As of May 25, 2004)
Daicom Hanaro
# of shares To be disposed (shares) 2,450,717 8,367,697
Remaining ownership None None

The results of disposal (price and method) will be disclosed once the disposal is completed

Disposal Period (1 year from May 25, 2004)

3. Purpose of disposal: Disposal of low performance assets
4. Resolution Date: May 25, 2004
5. Date of the related disclosure: May 26, 2003


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