Resolution on the Extension of Trust Contract

2004.05.03 No. 232

1. Title of contract: Special Trust Contract
2. Purpose of extension: stabilization of preferred share price
3. Contract amount
1) Contract amount before extension: KRW 7,303,000,000
2) Extended contract amount: KRW 7,303,000,000
4. Names of trust companies: Chohung Bank and Hana Bank
5. Date of initial contract: June 30, 2000
6. Extension period: July 1, 2004 ~ June 30, 2005
7. Expected date of extension contract: July 1, 2004
8. Status of treasury stock before extension contract

Acquisition through	Type of shares	Number of shares	Percentage (%)
Market & Take Over Bid	Common shares	1,320,000	0.60
Market & Take Over Bid	Preferred shares	1,950,960	2.99
Trust Contract and Others	Common shares	889,470	0.41
Trust Contract and Others	Preferred shares	1,187,640	1.82

Names of Trust companies	Extension Amount(KRW)	# of shares
Chohung Bank	6,303,000,000	Class 1 Pref. : 318,110
Chohung Bank	6,303,000,000	Class 3 Pref. : 696,670
Hana Bank	1,000,000,000	Class 1 Pref. : 52,000
		Class 2 Pref. : 42,860
		Class 3 Pref. : 78,000
Total	7,303,000,000	Pref. 1,187,640