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Inverstors News

Resolution of Cancellation of Grant of Stock Option

2003.08.26 No. 183


1. Type and number of shares:

    2,832,000 shares of registered common stock

2. Reason for cancellation of grant: Voluntary retirement

3. Persons canceling the grant of stock option/the numbers of common shares :

    - Jae Cheon SEO / 15,000 shares
    - Dae Chang LEE / 15,000 shares
    - Byung Ouk LEE / 10,000 shares
    - Chang Deuck KIM / 10,000 shares

4. Status of stock options granted after cancellation:
    1) Number of grantees : 168 persons
    2) Number of shares : 2,782,000 shares

5. Date of board resolution: August 26, 2003
    (Three out of four outside directors were present.)


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