Number of shares expected to be disposed: - Common Share: 1,665,630 shares
2. Expected amount of Disposal: - Common Shares: KRW 118,259,730,000
3. Period for Disposal : From October 26, 2007 to October 31, 2007
4. Purpose of disposal : Grant of Stock Bonus to Employees
5. Status of treasury stock holdings before disposal :
|
Type of shares |
Number of shares |
Percentage (%) |
Number of Direct Holdings |
Common shares |
12,665,630 |
5.8 |
Preferred shares |
2,950,960 |
4.5 |
Number of Indirect Holdings by Trust contract |
Common shares |
107,481 |
0.05 |
Preferred shares |
- |
- |
|
|
Type of shares |
Number of shares |
Percentage (%) |
Number of Direct Holdings |
Common shares |
12,665,630 |
5.8 |
Preferred shares |
2,950,960 |
4.5 |
Number of Indirect Holdings by Trust contract |
Common shares |
107,481 |
0.05 |
Preferred shares |
- |
- |
6. Date of board resolution: September 20, 2007
= attendance of outside directors : 3 out of 5
= attendance of auditors : present
7. Others
- After the completion of acquisition of “Number of shares expected to be disposed” (1,665,630 common shares) through the market, they will be granted to employees as a stock bonus by within the end of October 2007.
- The “Expected amount of disposal” in #2 above, which is
the amount of shares in #1 above multiplied by the closing
price for September 19, 2007 (one day prior to the “Date
of board resolution” in #6 above), and may be subject to
change according to the actual purchase price.
- The Number of Direct Holdings Common Shares in #5 above
includes 1,665,630 shares expected for acquisition by
within the end of October 2007.
= The auditors in #7 above are the member of Audit Committee.
= The stock bonus will be granted by method of input into each employee's individual stock trading account.
= The above contents may be subject to change depending
on the related laws and regulations, etc.
