April 10, 2006

Use of Treasury Shares for Option Exercise

Following the BOD decision on stock option grant to on April 16, 2004, the Company will provide the option grantees with treasury shares in case they exercise their options.

Details of the Option Grant on April 16, 2004

On April 16, 2004, the Company granted 119 employees stock options to buy 590,000 shares.
- Exercise Period: From April 17, 2006 to April 16, 2014
- Strike Price: KRW 580,300 per share
- Number of Current Option Holders: 115
- Number of Currently Exercisable Options: 560,649 shares

* Four option holders cannot receive treasury shares, as their options are no longer
valid.


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