May 02, 2001 in Social Responsibility News

Leasing Real Estate to "Largest Shareholders etc"

1. name(corporate name): Cheil Communications, Inc.
- relation with company: Affiliate

2. contents of lease
a. lease date: 2001-5-1
b. real estate leased: building of 357.32 pyung
c. location: Seoul, Joong-gu, Taepyung-ro 2ga 250 bunji
d. details: lease period start date of 2001-5-1
end date of 2002-4-30
- security money(won): 294,463,600
- rent(won): 34,827,156

3. purpose for leasing: office

4. decision date(resolution date of the board of directors): 2001-4-30
- outside directors:
present (no.) : -
absent (no.): -
- auditors: absent

5. under the Fair Trade Act or not: no

6. the others:
- maintenance fee 13,078,710 won(VAT excluded)
- Related announcement 2001-4-6


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