1. Number of stocks to be retired : 1,320,000 common shares
2. Total Value of Shares to be Repurchased for Retirement : KRW 66,132,000,000
3. Price of Shares to be Purchased for Retirement :
KRW 50,100 (closing price for 1 day prior to the date of board resolution)
4. Scheduled Period of Share Repurchase for Retirement : From March 16, 2004 to June 15, 2004
5. Scheduled Date of Share Retirement : -
6. Securities Firms Designated to Repurchase Shares to be Retired : Daewoo Securities, Hyundai Securities, Mirae Asset Securities
7. Status of Shares Repurchased for Retirement in the Current Year : -
8. Daily Order Limit and Calculation Base :
- Daily Order Limit : 285,090 Common Shares
- Calculation Base : In accordance with the related regulation, within the larger
amount between either 10% of the purchased amount of shares or 25% of the
average daily transaction amount for 1 month.
9. Date of Board Resolution : March 12, 2004
- attendance of outside directors : 3 out of 4
- attendance of auditors : present
10. Others :
- the amount in #2 above has been calculated using the closing share price for 1 day
prior to the date of board resolution, and may be subject to change depending on the
actual purchase price.
- the scheduled date of share retirement in #5 above is the conclusion point for
treasury share purchases.
- The auditor(s) mentioned in #9 above represents member(s) of the audit
committee.
