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Inverstors News

Disposal of Investment Shares in Major Shareholder

2006.08.07 No. 447

1. Name of investments shares recipient :
MSPE Metro Holdings AB, which is a subsidiary of Morgan Stanley Private Equity Holdings AB
2. Details of Disposal:
- Object of disposal : 10,658,367 common shares of ROTEM Company
- Amount of disposal : KRW 85,266,936,000
- Total disposal amount of ROTEM : KRW 85,266,936,000
- Purpose of disposal : Strategic capital alliance with Morgan Stanley
3. Date of BOD Resolution : August 07, 2006
- Attendance of Outside Directors : 2 out of 3
- Attendance of auditors: 3 out of 3 were present
* The auditors are members of the audit committee
4. Applicability under Fair Trade Act : No
5. Others:
- The expected disposal date is tentatively the end of August 2006.
- The above contents are subject to change depending on process for the sales contract and related regulations.

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