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Inverstors News

Conversion of Overseas Depositary Receipts (DRs) into Underlying Shares

2005.03.22 No. 316
2. Others :
-Two GDRs represent one underlying share.
-The cumulative conversion of DR’s into underlying shares in #1 above is the aggregate number of underlying shares converted from December 7, 2004 to March 21, 2005.
-The reported date for the balance of GDRs : March 22, 2005
-All DRs are two-way convertible.
 (unit:DR,shares)

Class of DRs

Issuance

Balance of DRs at current disclosure date

Conversion Ratio (ORD:DR)

Available Shares for Conversion Into Underlying shares

Date of Issue

Number of DRs issued

Type 1 preferred stock (GDR)

Nov. 23, 1992

22,487,824

9,173,868

1:2

4,586,934

Type 2 preferrred stock (GDR)

Nov. 21, 1998

16,913,886

1,699,834

1:2

849,917

Common stock (GDR)

Sep. 23, 1999

55,332,618

20,213,766

1:2

10,106,883

 (unit:DR,shares)

Class of DRs

Number of shares to be delivered

Balance of DRs at previous disclosure date

Number of DRs converted since previous disclosure date

Balance of DRs at current disclosure date

Type 1 preferred stock (GDR)

-13,602

4,573,332

50,388

4,586,934

Type 2 preferred stock (GDR)

59,723

909,640

59,723

849,917

Common stock (GDR)

2,620,466

12,727,349

2,793,613

10,106,883

 (unit:DR,shares)

Class

GDR-> Underlying shares

Underlying shares ->GDR

The # of shares to be delivered

Type 1 preferred stock

50,388

63,990

-13,602

Type 2 preferred stock

59,723

-

59,723

Common stock

2,793,613

173,147

2,620,466

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