Investors 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
Class of DRs	Date of Issue	Number of DRs issued	Balance of DRs at current disclosure date	Conversion Ratio (ORD:DR)	Available Shares for Conversion Into Underlying shares
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