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Public Disclosure

09/11/2001

Disposal of Invested Stocks - LG Credit Card Co. Ltd.

1. Company invested
- Company name : LG Credit Card Co., Ltd.
- Representative : Lee, Heon Chul
- Relation with company : Affiliate
- Capital : KRW 350,000,000,000
- Total number of share : 70,000,000 shares
- Major business : Credit Finance
- Location : LG Tower 679 , Yoksam-Dong, Kangnam-gu, Seoul, Korea

2. Disposition :
- Value disposed (won) : KRW 140,000,000,000
- Number of shares disposed (no.) : 4,000,000
- Number of shares held after disposal : 318,883
- Equity holding rate after disposal (%) : 0.46
- Scheduled disposition date : Oct 25, 2001

3. Objective of disposition : Improvement of financial structure

4. Total number disposed (won) : KRW 140,000,000,000
- Proportion to capital (%) : 13.58

5. Decision date (board of directors resolution date) : Sep 7, 2001
- Auditors present

6. Other
- Value disposed above is calculated based on estimates of 35,000 won per share
- Exact Value disposed will be determined on the public offering price and will be announced

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