Responsive disclosure regarding the news report of the
Establishment of Auto manufacturing plant in Russia
We are studying the establishment of Auto manufacturing Plant in Russia in order to expand our business within Russia . However, currently, we notice that no concrete decision has been made.
We will disclose any further details by March 31, 2008, except in the case where agreements are confirmed, which we will disclose right away.
Name of Disclosure Officer : Dong Wook Park , Director