March 26, 2002 in Social Responsibility News

Grant of Stock Option

1. class and

a. class
registered common

b. number

2. method of grant
newly issued common stock shall
be granted. However, if needed, the company may grant stock option with
its treasury stock.

3. person granted stock option
eleven executives from overseas

4. exercise price
KRW 342,800

5. exercise period

6. resolution date of the board
of  directors

- outside directors

- auditors

7. the others
-exercise price and number of shares
granted under st  ock option is based on standards presented by the
   Korea Listed Companies Association  (refer to the


-class and number of granted stock option after the

 stock option have been granted as follow:

 °intial grant of stock option

    (5,708,500 shrs in total)

     -year 2000 : 76 were granted with stock option


    -year 2001: 560 (3,099,500 shrs)

    -year 2002 : 185 (1,109,000 shrs)


 °stock option of no effect (166,000 shrs in total)

    -year 2000: stock option granted to two persons

effect  (45,000 shrs)

    -year 2001: 19 (121,000 shrs)

    -year 2002: No lost of effect


  °the number of effective shares granted in form of        stock
option:  5,542,500 shrs


- no general meeting of shareholders is not scheduled   for this
case since it has been passed in BOD


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