May 26, 2003 in Social Responsibility News

Other Major Management Issues: On matters related to disposing share ownership in other companies

1. Details of companies: (As of end of 2002)
a. Hanmi Bank
b. CEO – Ha, Youngku
c. Total capital (KRW) : 1,093.3 bill
d. Total issued shares : 183,066,765
e. Business area – banking
f. Address – Seoul Si, Jong-Ku, Da-Dong, 39-Bonji

2. Details of companies: (As of end of 2002)
g. Dacom
h. CEO – Park, Woonsuh
i. Total capital (KRW) : 185.2 bill
j. Total issued shares : 37,043,000
k. Business area – electric, telecom
l. Address – Seoul Si, Kangnam-Ku, Yoksam-Dong, 706-1

3. Details of companies: (As of end of 2002)
m. Hanaro Telecom
n. CEO – Shin Yoonsik
o. Total capital (KRW) : 1,396.6 bill
p. Total issued shares : 279,322,680
q. Business area – Telecom related
r. Address – Seoul Si, Socho-Ku, Socho-Dong, 1445-3 Bonji

4. Details of disposal
- Company: Hanmi Bank
- # of shares to be disposed (shares): 8,497,358

- Company: Dacom
- # of shares to be disposed (shares): 4,262,127

- Company: Hanaro telecom
- # of shares to be disposed (shares): 23,542,281

* Note: The financial value of the disposed shares will be disclosed immediately after
the confirmation of the final figures. The amount above includes fees. The BOD
has approved the decision above and authorized the CEO to decide on details, e.g., disposal period, price, method, etc. The disposal timing will occur within 1 year from the BOD approval date..

5. Purpose of disposal: Disposal of non-essential assets

6. Resolution Date: 5/26/2003 (all 7 outside directors and all 3 audit committee members attended)

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