March 05, 2001 in Social Responsibility News

Equity Investment in Korea Digital Satellite Broadcasting

Contents
- Investment size: 3.3 billion(3billion won of paid-in capital+300million won of Broadcasting Development Fund)
- Percentage: 1%(about 600,000 shares, 5,500 won per share)
- Subscription DATE: March 9, 2001~March 19, 2001

※Korea Digital Satellite Broadcasting
- Selected as satellite company in Dec., 2000, scheduled for commercial service in Oct., 2001
- Status of Korea Digital Satellite Broadcasting Consortium
Shareholders: KTF(18%), KBS(10%), MBC(6%), Iljin Group(6%), EchoStar Communication(5%),
SBS(3.2%), SEC(1%) and others-total of 160 companies
Capital: 330 billion won(300billion of capital+30billion won of Broadcasting Development Fund)

Objectives
- facilitate SEC's second generation two-way STB(set-top-box)technology and utilize sales, distribution and service centers of HDTV broadcasting receiver to participate in set-up and maintenance of service to create profits
- Enhance sales of digital visual contents and improve corporate image through joint marketing for World Cup 2002
which will enhance SEC' competitive-edge
- unanimous approval


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