EX-99.11 2 exhibit1.htm EX-99.11

Exhibit  EX-99.11

Extension of Trust Contract for Share Repurchase

1. Purpose of contracts extension

Increase shareholders’ value

2. Contracts amount (KRW)

Contracts amount before extension

100,000,000,000

Extended contracts amount

100,000,000,000

3. Counter-parties

Kookmin Bank (KRW 50 billion), Chohung Bank (KRW 50 billion)

4. Date of initial contracts

March 9, 2001

5. Term of extended contracts

Beginning date

March 9, 2006

Ending date

March 8, 2007

6. Date of contracts extension

March 7, 2006

7. Current status of treasury stock held by the company before contracts

Shares directly

extension

held by the company

Common stock

70,533,583

Ratio(%)

24.76

Preferred stock

—

Ratio(%)

—

Shares indirectly

Common stock

1,259,170

Ratio(%)

0.44

held by the company

through a trust

Preferred stock

—

Ratio(%)

—

Number and amount of trust contracts

Number of contracts

2

Aggregated Contracts amount (KRW)

100,000,000,000

8. Date of board resolution

February 23, 2006