April 13, 2007

Cancellation on the Right of Stock Options

Cancellation on the Right of Stock Options

1. Grantee : Bong-Sik Park

2. Content of canceled shares:
a. Number of granted shares: 4,905
b. Date of grant : Apr. 16, 2004
c. Resolution date for cancellation: April 13, 2007
d. Number of canceled shares : 3,270
e. Ground (Reason) for cancellation: voluntary retirement
f. Number of shares to be exercised : 1,635
g. Exercise price : KRW 580,300
h. Exercise period : Apr. 17, 2006 to Apr. 16, 2014
i. Period worked after granting : 2 years (2/3 canceled)


Loss of the Right of Stock Options

1. Number of lapsed shares : 8,830 shares (held by three former employees who retired from April 2006)

2. Reason for lapse : Retired employees willingly gave up their rights by submitting the waiver

3. Content of lapsed shares:
a. Tae-Bong, Choi
- Number of granted shares : 4,905
- Year of grant : 2004
- Number of canceled shares : 3,270
- Number of shares to be exercised : 1,635
- Period worked after granting : 2 years (2/3 canceled)

b. Ok-Pyo, Chun
- Number of granted shares : 3, 434
- Year of grant : 2004
- Number of canceled shares : 2,290
- Number of shares to be exercised : 1,144
- Period worked after granting : 2 years (2/3 canceled)

c. Chang-hyub, Lee
- Number of granted shares : 4,905
- Year of grant : 2004
- Number of canceled shares : 3,270
- Number of shares to be exercised : 1,635
- Period worked after granting : 2 years (2/3 canceled)

d. Total number of granted shares : 13,244
e. Total number of canceled shares : 8,830
f. Total number of shares to be execised : 4,414


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