|1. Name of debtor(major shareholder)
: SMART (Stamped Metal American Research Technology, Inc.)
- Relationship with company : Affiliated Subsidiary Company
2. Details of guaranteed debt :
- Contents of principal debts : Term Loan (3 year maturity)
- Name of creditor : WACHOVIA
- Period of guarantee : From August 20, 2004 To August 19, 2007
- Amount of guarantee concerned : KRW 41,914,800,000
- Accumulated balance of debt payment guarantee for major shareholder concerned
for CY 2004 : KRW 41,914,800,000
3. Date of decision(Internal Decision Date) : August 6, 2004
- The amount in #2 above is based on the exchange rates for August 6, 2004
(KRW 1,164.30 / 1 USD).
- The above details may be subject to change depending on the the market situation.