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Resolution of Cancellation of Grant of Stock Option

2006.05.12 No. 433
1. Cancellation Details
- Number of person canceling grant : 7 persons
- Type and number of cancelled shares:
2,127 shares of registered common stock
2. Status of stock options granted after cancellation :
- Number of shares : 1,233,777 shares of registered common stock
3. Reason for cancellation of grant : Voluntary retirement
4. Date of Board Resolution : May 12, 2006
- Attendance of Outside Directors : 3 out of 3
- Attendance of auditors: Yes
5. Persons canceling the grant of stock option / the number of common shares :

Name

Relationship with Compay

# of common shares

Remark

Park, Byung Geun

Former Unregistered officer

393

resignation

Park, Byung Soo

Former Unregistered officer

393

resignation

Yoo, Jong Jin

Former Unregistered officer

393

resignation

Kim, Young Kil

Former Unregistered officer

590

resignation

Woo, Seung Ki

Former Unregistered officer

165

resignation

Choi, Si Hong

Former Unregistered officer

110

resignation

Lee, Young Bok

Former Unregistered officer

83

resignation

Total

-

2,127

-

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