December 12, 2000 in Social Responsibility News

Equity Investment in another Corporation (Acquisition)

"

1. Company Invested

a. name of the company: Cyber Bank Co., Ltd.

relation: None

b. Representative: Cho, Young-Sun

c. Capital (Won): 3,400,000,000

d. Outstanding number of shares (no.): 680,0001

e. Major business: Manufacturing of wireless internet information terminal

f. Location: Seoul-Si Suh-Cho-Gu Suh-Cho-Dong



2. Equity Investment

a. Amount invested (Won): 8,000,000,000

b. Number of shares (no.): 108,250

c. Number of shares held after investment (no.): 108,250

- equity holding rate(%) after investment: 15.07

d. Scheduled investment date: December 13, 2000



3. Objective of Shares Investment:

Securing business bases for next generation integrated information terminal



4. Total Amount Invested (Won): 375,538,610,780

- proportion of capital (%): 42.93



5. Decision Date (Resolution date of the board of directors): December 11, 2000

- outside directors: present (no.)- absent (no.)-

- auditors: not present



7. The Others

- After making the above investment,



[details of amount invested, acquired]







COMPANY NAME

RELATION

AMOUNT INVESTED, ACQUIRED (WON)







SAMSUNG GENERAL CHEMICAL INC.

Affiliate

53,538,719,190





SAMSUNG SDI

Affiliate

80,919,581,590





SAMSUNG CORNING PRECISION GLASS

Affiliate

115,523,520,000





SEROME TECHNOLOGY

-

44,000,000,000





BLUEBIRDSOFT INC.

-

10,199,000,000





4DL INC.

-

8,250,000,000





I-MARKET KOREA

-

1,900,000,000





SKY EDUCATION

-

660,000,000





NEXSOFT

-

199,000,000





SAMSUNG CORNING MICRO-OPTICS

-

24,901,800,000





PUSAN NEWPORT CO. LTD.

-

453,750,000





BLUE TECH.

-

29,993,240,000





CYBER BANK CO. LTD

-

8,000,000,000






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