October 15, 2004

Other Major Management Issues: Cancellation of Granted Stock Options

1. Number of stock option grantees: 904
2. Size of stock option: Common – 5,588,232 shares
3. Contents of cancellation:
a. Resolution date for cancellation: October 15, 2004
b. Method of resolution for cancellation: Self forfeit
c. Name of grantee giving up the options: Cho, Han-Seul
d. Number of shares being forfeited: 3,434 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 of the forfeit are as follow:
Options are exercisable from April 17, 2006 to April 16, 2014
Exercise price: 580,300 KRW


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