Public Disclosure

04/16/2003

Disposal of Treasury Stocks

1. Purpose of disposal : Incentive for Executives

2. Details of disposed shares
11 : 212,308 common shares (0.15% of outstanding shares)
3. Method of disposal : Disposal outside the security market

4. Expected disposal price : KRW 43,750
11 * Market price on the day proceeding the board resolution
5. Expected amount from disposal : KRW 9,288,475,000

6. Disposal date : April 18, 2003

7. Treasury stock holdings before disposal
11 : 450,000 common shares (0.32% of outstanding shares)
8. Date of board resolution : April 14, 2003
11 * Independent directors/auditors present

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