<SEC-DOCUMENT>0001193125-13-478296.txt : 20131219
<SEC-HEADER>0001193125-13-478296.hdr.sgml : 20131219
<ACCEPTANCE-DATETIME>20131219061340
ACCESSION NUMBER:		0001193125-13-478296
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20131219
FILED AS OF DATE:		20131219
DATE AS OF CHANGE:		20131219

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KT CORP
		CENTRAL INDEX KEY:			0000892450
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14926
		FILM NUMBER:		131286953

	BUSINESS ADDRESS:	
		STREET 1:		206 JUNG TA DONG BUNN DONG GU
		CITY:			SUNGNAM CITY KOREA
		STATE:			M5
		ZIP:			463711
		BUSINESS PHONE:		82317270932

	MAIL ADDRESS:	
		STREET 1:		206 JUNG JA DONG BUNN DONG GU
		CITY:			SUNGNAM CITY KOREA
		STATE:			M5
		ZIP:			463711

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOREA TELECOM CORP
		DATE OF NAME CHANGE:	19971006

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOREA TELECOM
		DATE OF NAME CHANGE:	19950130
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d646920d6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>Form 6-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>REPORT OF FOREIGN PRIVATE ISSUER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For the month of December 2013 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number 1-14926 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>KT
Corporation </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Translation of registrant&#146;s name into English) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1692-1 Seocho-dong </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Seocho-gu, Seoul </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>137-882
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Korea </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address
of principal executive offices) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form
20-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT><U></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;&nbsp;<FONT
STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether by furnishing
the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Yes&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;
&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If &#147;Yes&#148; is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SIGNATURES </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Dated: December&nbsp;19, 2013</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">KT Corporation</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Youngwoo Kim</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Youngwoo Kim</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Vice President</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Tony Yongrae Jung</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Tony Yongrae Jung</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Team Leader</TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Notice of the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Extraordinary General Meeting of Shareholders </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g646920g74n19.jpg" ALT="LOGO">
 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="toc"></A>CONTENTS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="97%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#tx646920_1">Notice of Extraordinary General Meeting of Shareholders</A></B></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><U>Matters to be Reported</U></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Report by Audit Committee*</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx646920_4"><U>Matters Requiring Resolution</U></A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.50em; font-size:10pt; font-family:Times New Roman">&#149;&nbsp;&nbsp;&nbsp;&nbsp;<A HREF="#tx646920_5">Agenda Item No.&nbsp;1</A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.50em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx646920_6">Election of the CEO</A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.50em; font-size:10pt; font-family:Times New Roman">&#149;&nbsp;&nbsp;&nbsp;&nbsp;<A HREF="#tx646920_7">Agenda Item No.&nbsp;2</A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.50em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx646920_8">Approval of Employment Contract for the CEO</A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx646920_9">Additional Information</A></P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top">To be presented at the meeting </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_1"></A>Notice of the Extraordinary General Meeting of Shareholders </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">December&nbsp;18, 2013 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">To our Shareholders, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">KT will hold an Extraordinary General Meeting of Shareholders on January&nbsp;27, 2014 as described below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">At the Extraordinary General Meeting, two items will be resolved, including the election of the CEO. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Shareholders holding KT&#146;s common shares as of December&nbsp;16, 2013 will be entitled to vote at the Extraordinary General Meeting of Shareholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I look forward to your participation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Pyo
Hyun-Myung </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Acting Chief Executive Officer </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Date and Time: Monday, January&nbsp;27, 2014 10:00 a.m. (local time) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Place: Lecture Hall (2F)&nbsp;of KT Corporation&#146;s R&amp;D Center, 17 Woomyun-dong, Seocho-gu, Seoul, Korea </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Record Date: December&nbsp;16, 2013 </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:4.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_4"></A>Matters Requiring Resolution </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_5"></A>Agenda Item No.&nbsp;
1 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_6"></A>Election of CEO </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Pursuant to
Article 25 (Election of Representative Director and Directors) of the Articles of Incorporation of KT, approval of the election of the CEO is hereby requested. </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">According to KT&#146;s Articles of Incorporation, the CEO shall be elected by a resolution at the General Meeting of Shareholders based on the nomination by
the CEO Recommendation Committee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">According to Article 32 (CEO Recommendation Committee) of KT&#146;s Articles of Incorporation, the CEO Recommendation
Committee should consist of all of the outside directors and one (1)&nbsp;inside director (provided, however, that any person who is elected as a member of the CEO Recommendation Committee shall not be a candidate for the CEO). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The CEO Recommendation Committee took the following criteria into consideration to nominate the CEO Candidate. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">Experiences and scholastic achievements under which his/her knowledge with respect to the field of business management and economics can be evaluated in objective point of view; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">Past business results and the management period of being in office under which his/her business experience can be evaluated in objective point of view; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top">Any requirements to evaluate qualification and ability as a chief executive officer; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top">Any requirements to evaluate professional knowledge and experience with respect to the telecommunications and related fields. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a result, the CEO Recommendation Committee nominated Mr.&nbsp;Hwang Chang-Gyu as the CEO Candidate on
December&nbsp;16, 2013, citing Mr.&nbsp;Hwang&#146;s entrepreneurship and his globally acclaimed expertise in technology made him the best fit as the next CEO of KT. With his experiences as the President and CEO at Samsung Electronics&#146;
Semiconductor Business and as the nation&#146;s CTO by heading R&amp;D Planning Office of the Ministry of Knowledge and Economy, Mr.&nbsp;Hwang is expected to lead KT in overcoming current obstacles and to place KT back on track, eventually
enhancing KT&#146;s long-term corporate value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Hwang&#146;s biography is as follows. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Hwang Chang-Gyu </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Date of birth</B>: January&nbsp;23, 1953 </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Nominated by</B>: CEO Recommendation Committee </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Relation to the largest shareholder</B>: None </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Details of transactions between the said candidate and KT for the past three years</B>: None </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Term of office</B>: January&nbsp;27, 2014 to the 35<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Annual General Meeting of Shareholders to be held in 2017 (three year) </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Present occupation</B>: Distinguished Chair Professor, Sungkyunkwan University </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Education</B>: </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="91%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP>1985</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">PhD in Electrical&nbsp;&amp; Computer Engineering, University of Massachusetts, Amherst</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP>1978</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">MS in Electrical Engineering, Seoul National University, Korea</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP>1976</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">BA in Electrical Engineering, Seoul National University, Korea</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B>Professional associations</B><B>:</B> </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP>2013</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">Distinguished Chair Professor, Sungkyunkwan University</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP><FONT STYLE="white-space:nowrap">2010-2013</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">President &amp; National CTO, Office of Strategic R&amp;D Planning, Ministry of Knowledge and Economy</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP>1989-2010</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">Samsung Electronics</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP><FONT STYLE="white-space:nowrap">2009-2010</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Advisor</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>2008-2009</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">President &amp; CTO, Corporate Technology Office</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>2004-2008</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">President &amp; CEO, Semiconductor Business</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>2001-2003</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">President, Memory Division</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>2000-2001</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Executive Vice President &amp; CEO, Memory Division</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>1999</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Executive Vice President &amp; General Manager, Semiconductor R&amp;D Center</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>1998-1999</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Senior Vice President &amp; General Manager, Semiconductor R&amp;D Center</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>1994-1997</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Vice President, Semiconductor R&amp;D Center</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP>1989-1994</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; font-size:10pt; font-family:Times New Roman">Director &amp; Executive Director, Semiconductor R&amp;D Center</P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#149;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" NOWRAP> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1985-1989</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Research Associate, Electrical Engineering, Stanford University</P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_7"></A>Agenda No.&nbsp;
2 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_8"></A>Approval of Employment Contract for the CEO </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Pursuant to Article 33 (Election of President (CEO)) and Article 34 (Execution of Employment Contract with the Candidate for President (CEO)) of Articles
of Incorporation of KT, approval of the employment contract to be executed by the newly elected CEO is hereby requested. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to Article 33 of
KT&#146;s Articles of Incorporation, the CEO Recommendation Committee shall submit a draft employment contract at the General Meeting of Shareholders for approval. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The employment contract includes mainly the provisions on his or her duty as the CEO, the goals to be accomplished by the CEO during his or her tenure,
evaluation process on his or her performance, and remuneration and incentive payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">When the draft employment contract is approved at the General
Meeting of Shareholders, KT shall enter into such employment contract with the CEO. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The draft employment contract is as follows: </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Employment Contract for the CEO </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;1. Purpose
of the Agreement </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">The purpose of this Agreement is to set forth the CEO&#146;s authority, responsibilities and other necessary terms and
conditions in connection with the election of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; as the CEO (&#147;CEO&#148;) of KT Corporation (&#147;Company&#148;). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;2. Term of Office of the CEO </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">The
term of office of the CEO shall be for three years starting from the effective date of the election of the CEO at the General Meeting of Shareholders. However, pursuant to Article 383-3 of the Commercial Code and Article 27-1 of KT&#146;s Articles
of Incorporation when the term of office expires before the closing date of the Ordinary General Meeting of Shareholders in the last fiscal year of such term, the term of office shall be extended to the closing date of such General Meeting. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;3. Duties and Responsibilities of the CEO </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The CEO shall represent the Company and oversee the whole affairs of the Company and management of subsidiaries as a representative director and CEO of the Company. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">The CEO shall use his best efforts to achieve the management goals specified in Article 5 of this Agreement. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">The CEO&#146;s duties, responsibilities, rights and obligations not specified herein shall be determined in accordance with the Articles of Incorporation and other relevant laws and regulations. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;4. Obligations of the CEO </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">During and after the term of his office, the CEO shall not disclose to a third party any confidential information of the Company which he obtains during his tenure. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">In the event the CEO breaches any of his obligations set forth herein, the CEO shall be held liable for such breach, and if, due to the said breach, the CEO has obtained any personal gain or the Company suffers damages,
such gain shall revert to the Company and the CEO shall compensate the damages suffered by the Company. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;5. Management Goals </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The management goals to be achieved by the CEO during his term of office shall be determined in accordance with the Mid to Long-Term Management Plan approved by the Board of Directors. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">In order to achieve the goals set by the Mid to Long-Term Management Plan, the Board of Directors shall establish annual goals prior to commencement of each fiscal year after consultation with the CEO. In such case, the
CEO and inside directors shall not participate in such resolution of the Board of Directors, provided that the annual management goals for 2014 shall be the management goals for 2014 approved by the Board of Directors. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article&nbsp;6. Evaluation </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The Board of Directors shall conduct evaluation of annual management goals each fiscal year. However, when it is deemed necessary, the Board of Directors may conduct evaluation at any time during a fiscal year.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">If it is necessary for the evaluation under the foregoing Paragraph (1), the Board of Directors may commission an expert institution to conduct a research and may utilize the results of such research for the evaluation.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">In the event the Board of Directors determines to commission an expert institution to conduct a research, the CEO shall immediately take any necessary measures in relation thereto, such as execution of a service
agreement, etc. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top">The Board of Directors shall report the result of the evaluation under Paragraph (1)&nbsp;to the General Meeting of Shareholders, and the CEO shall take necessary measures to report the result to the General Meeting of
Shareholders. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top">In adopting a resolution of the Board of Directors under Paragraphs (1)&nbsp;and (2)&nbsp;above, the CEO and inside directors shall not participate in such resolution. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 7. Remuneration </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The remuneration of the CEO shall comprise of the annual base salary, short-term incentive payment and long-term incentive payment, and shall be determined in accordance with the remuneration ceiling of the directors
approved at the General Meeting of Shareholders and the criteria for remunerating inside directors and method of payment thereof which are reported to the General Meeting of Shareholders. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 8. Base Salary </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The annual base salary shall be determined by a resolution of the Board of Directors. The CEO and inside directors shall not participate in the said resolution of the Board of Directors. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">Base salary is comprised of base payment and position payment and 1/12 of the annual base salary shall be set as the monthly remuneration during the term of office and shall be paid on the salary payment day of the
Company. If the CEO takes office or resigns in the middle of a month, the remuneration for such month, regardless of the cause therefore, shall be paid on the prorated daily basis based on the actual number of days served by the CEO.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">The base annual salary, regardless of title thereof, shall be deemed to include all allowances payable to the CEO, and in case the base annual salary is adjusted during a year, such change shall take effect on
January&nbsp;1 of the following year, unless otherwise specified. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 9. Short-term Incentive Payment </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The short-term incentive payment shall be paid pursuant to the evaluation results of the annual management goals as set out in Article 6(1). In such case, the criteria and payment method (including the calculation
formula of the incentive payment ratio) of the remuneration shall be determined by a resolution of the Board of Directors. The CEO and inside directors shall not participate in the said resolution of the Board of Directors. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">The short-term incentive payment shall be made in principle within one (1)&nbsp;month from the finalization by the Board of Directors of the evaluation of the annual goals. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">If the CEO is dismissed during the term of office in accordance with Sub-paragraphs 1 through 4 of Article 14 (1), no short-term incentive payment for such year shall be made. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top">Matters pertaining to the short-term incentive payment not prescribed in Paragraphs (1)&nbsp;through (3), such as payment in the events of the CEO&#146;s voluntary resignation or retirement for unidentified reasons
shall be determined by a resolution of the Board of Directors. In such case, the CEO and inside directors shall not participate in such resolution of the Board of Directors. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top">The short-term incentive payment for a partial year of service during which the CEO takes office or resigns from office shall be made on prorated monthly basis based on the number of months in service, and the payment
for the relevant month of taking office or resignation shall be made in accordance with Article 8 (2). </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 10. Long-term Incentive
Payment </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The Company may provide the CEO with long-term incentive payment in stocks. The details for the long-term incentive payment such as the number of stocks and payment method for the CEO shall be determined by a resolution
of the Board of Directors. In such case, the CEO and inside directors shall not participate in the said resolution by the Board of Directors. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">If stock option is granted pursuant to a resolution of the Board of Directors, such stock option shall not be included in the remuneration ceiling of the directors as set forth in Article 7 hereof, and shall be paid
pursuant to relevant laws and regulations. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 11. Adjustment after the Incentive Payment </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">In the event that the score of evaluation is modified due to an error in the evaluation or other causes after the incentive payment is made to
the CEO, the amount of incentive shall be newly calculated in conformity with the modified result, and such adjusted amount shall be taken into consideration when setting the incentive payment payable for the following year. However, if the CEO
resigns or is dismissed, immediate payment of any amount due or return of any excessive amount shall be made. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 12. Severance Payment </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">The severance payment shall be paid in accordance with the regulations on the payment of severance payment to officers. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 13. Taxes and Public Imposts </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">All
remuneration payable to the CEO shall be paid after withholding all relevant taxes and public imposts therefrom in accordance with the applicable laws and regulations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 14. Dismissal, etc. of the CEO </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">The Company may dismiss the CEO even during the term of office by a special resolution of the General Meeting of Shareholders if any of the following occurs; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">In case the CEO breaches the obligations set forth under Article 4 (1); </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">In case the CEO breaches material provisions of the relevant laws and regulations or the Articles of Incorporation, or a disqualification event prescribed by the relevant laws and regulations or the Articles of
Incorporation occurs or is discovered later; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top">In case the CEO is likely to cause material damages to the Company by damaging the reputation and dignity of himself or the Company; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top">In case the management performance is significantly below the management goals or the corporate value is seriously damaged; and </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top">In case the CEO fails to or is unable to carry out his duties due to diseases, etc. for an extended period. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">A proposal to dismiss the CEO shall be submitted to the General Meeting of Shareholders after a resolution by the Board of Directors is adopted in accordance with Article 38 of the Articles of Incorporation.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">The Board of Directors shall provide the CEO with an opportunity to state his opinion at the meeting of the Board of Directors convened to resolve the dismissal of the CEO, and immediately following the adoption of a
resolution of dismissal, a written notice shall be provided to the CEO, stating the reasons therefor in detail. In the above meeting, the CEO and inside directors shall not participate in such resolution of the Board of Directors. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 15. Ownership of the Rights </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">The
CEO&#146;s right to any and all intellectual property developed independently by himself or jointly with others during the term of office (including know-how and managerial ideas) shall be exclusively held by the Company, and the CEO shall carry out
the procedures necessary for registration of such intellectual property rights in the name of the Company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 16. Interpretation of the Agreement
and Supervision of Performance </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">In the event there is ambiguity over the interpretation of this Agreement, the interpretation of such ambiguous parts shall be determined through consultation between the Board of Directors and the CEO.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">Upon dissolution of the CEO Recommendation Committee, the Board of Directors shall supervise all matters regarding this Agreement on behalf of the Company. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">The CEO and inside directors shall not participate in the resolutions of the Board of Directors in relation to Paragraphs (1)&nbsp;or (2)&nbsp;above. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Article 17. Amendment of the Agreement </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">If it becomes necessary to amend this Agreement due to drastic changes in management environments, etc. after execution of this Agreement, the CEO may request the Board of Directors to amend the Agreement.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">Any amendment of this Agreement under Paragraph (1)&nbsp;shall require a resolution of the Board of Directors and approval of the General Meeting of Shareholders. In such case, the CEO and inside directors shall not
participate in the resolution of the Board of Directors. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">Upon a resolution and approval under Paragraph (2)&nbsp;above, the Company and the CEO shall promptly enter into an amendment to this Agreement. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, the parties have executed this Agreement in duplicate, with one copy to be retained by each
party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">January &nbsp;&nbsp;&nbsp;&nbsp;, 2014&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CEO Recommendation Committee</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">On behalf of KT Corporation</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Chairperson of the Committee</TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Representative Director</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">CEO</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A NAME="tx646920_9"></A>Additional Information </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Number and Classification of Voting Shares </TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The record date for exercising voting rights at the Extraordinary
General Meeting of Shareholders is December&nbsp;16, 2013. As of the record date, the number of KT&#146;s total shares issued was 261,111,808 shares and the number of common shares entitled to exercise voting rights (excluding treasury shares and
shares held by an affiliate company) was 243,803,648 shares. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Method of Resolution </TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the provisions of the Korean Commercial Code, Agenda Items 1 and 2 shall be
passed by a majority of the votes cast by the shareholders present at the meeting and at least one-fourth of the total shares that are entitled to vote. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g646920g74n19.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g646920g74n19.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`T`$A`P$1``(1`0,1`?_$`0H``0`!!`(#`0``````
M```````+!@<("04*`0,$`@$!``,``P$!`0$```````````$"`P0%!@<("0H0
M```%`@,$!`8("PT0#PD```$"`P0%``81!P@A$A,),5&1%$%AH=%2"O!Q@2)B
MDA6WL>$R<M(C4Y35%A?!0H(STR15=I9'.'@YHK+"0V-4U&8G-U=WAY<8*#1$
M9,3DQ;;&9\?76&@9*25%E296AJ=(&A$``@$"`P,'`@T,#0@+``````$"$0,A
M!`4Q$@9!42(R$P<(<9)A@9'14M(ST^,4E!8)H;%R(Z.DY$55E1<80F)35'34
M%66%U>5&5O""LT1D=;490W.#D\,D-#6E)C;_V@`,`P$``A$#$0`_`._Q0"@%
M`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`
MH!0"@%`*`4`H#\[Q?2+VA0#?)Z1?C!YZ`;Y/2+\8//0#?)Z1?C!YZ`_0"`[0
M'$.L-M`*`4`H!0"@%`*`4`H!0"@%`*`\"8H=)@#VQ"@/&^3TB_&#ST`WR>D7
MXP>>@&^3TB_&#ST!^J`4`H!0"@%`*`4`H!0"@%`*`4!U4N;_`,\5:TS/](>A
M::1>9WRESWI8>;&9YU'#13)L;,D%H&<BH=M^MP)<S^2WC-Y)18[9LDT43%!0
MZY#I7C&NTPN7&WN0VG4"E[#&5D',A*9C9C3LDZ4%5Y,+7)(LS2#@PB*CD6IC
M',AQ#"([HF$0QZ:TH4["NUXG"FRQ3V[EZWV7IPWKGDC>UT*%J:(?%_19\I\K
MW`_47W>A?KK@E3?0=%J*$]@N=E$7S:<M:D+\J-KVNQTIW@B/#4GI<I<#B`8X
M]]\&-"D[.[&J>)(@^KGN73SE+Z>UWKIT]<'N;.\#N'CE=VX.!<Z+Z*4#KN%%
M%3@4H``8B.`!@&RLI;3>SA;1O$JIJ*`4`H!0"@%`*`4`H!0"@.GGSN>=#GQ8
M6H1OHLT1W-'VW<=FOH]QF#FE:\NC,R;RZ'"2K9Q8B;UF<(ZTPLEV1=*>:.BN
M7*KE1M@9MPCD5UA!-59QKMQN79PVG6?S+@,R<W[F?7MG9J!S1S4S"EUCNYRZ
M7=P.6!W#M4"@H3<;CP%MS=`-\@%(8,,`#"KT2V%?B[EC*3J6Z-D:R'ZF^LQ`
MZL;LD1^@<*G`?%ESL])LBT1^IOZ_R_77/)F^@J%1@3\67LF6]S-RS=6=9TM/
M,KZO5PNT2*!45[CEA(;BG*D..ZY(.(`?'IHC.Y84(N2;)3WE]J**Z#=%*JRB
MBRJFDS3L=5990ZJRJA\HK0,=1550QE%%#F'$QC"(B(XC6#VLYD.HO(C+RH+"
M@%`*`4`H!0"@%`*`4`H!0$5UJ,5X/,BY@9@`N\;/O480IL/?%,.<+P=XANDI
M\`$,0VX#7)6PXL%]M?IE$[X^+R^>H.2-\?%Y?/0#?'Q>7ST!:C.,XC:8!L_V
M<C]$OCH97>H2!'JX_P#)):>?VS9X?/3?593ZQ-GW-&\JJ&HH!0"@%`*`4`H!
M0"@%`*`BXM4A]SFQ<Q`YP`^[GIJ/%$3B(\%0<PTQ!5+;BFH`8X"&`UO'8<.*
M^W/TRE>+XR^SW:L;CB^,OL]V@'%\9?9[M`6=SX/O99SX!@/VM'H'^KI>.CV&
M=WJ,DZ^7Q_`+T3_Q2].OS0VA7'>TWAU%Y$9?5!84`H!0"@%`*`4`H!0"@%`*
M`BK-3YQ1YD&O7='`5=1&HE/V][-R2'#^9K=5:.-#W1ORE$<4_7]'SU)R!Q3]
M?T?/0#BGZ_H^>@+7YMF$]K``]'?4NOK+XZ8\AE=ZI((^KDAARD]/0?VS9X?/
M3?58RZQ:TJ01O)JIH*`4`H!0"@%`*`4`H!0"@(M?5J84>:US"3`(`)L_-1)/
MC9@8^'VJY$=AQ(T=Y^F49QA](ODJ:G(W4.,/I%\E*C=0XP^D7R4J-U%I<[E!
M/ES/%$0'[6ET8?=DZ@RO)*!)\<OK9H,T4!_X3-.OS16A6#VORFT.HO(C+VH+
M"@%`*`4`H!0"@%`*`4`H!0$5'JM-N<Q[70.(AO:E-0Q1P\(?E7EQP]K96T?J
M'&A7M&O0*)W@Z_HU?`UI(;P=?T:8"DAO!U_1I@*2+:9JB`VR`=/Z\2Z^LM0S
M.Y51)!;U<S^25T]?MFSO^>F^JQEM-+7N:-X]5-!0"@%`*`4`H!0"@%`*`4!%
MGZQ!W.:KS`S8X;VH74(0/=O\_3V5R(OHT.';]W?-B4#Q?A>3Z5#ECB_"\GTJ
M`<7X7D^E0%K<Y3"?+Z<*`]*:7@_JI/%2M,3&][FR4$Y?>S0;HI_BFZ=OFBM"
ML)=9^4TM]1>1&7E07%`*`4`H!0"@%`*`4`H!0"@(J#5F.[S'-<@]..I?4+\Z
MLS6ZZIQX+[8V4)Q/%Y?I5)N.)XO+]*@'$\7E^E0%N,T3;UM@&&'Z[3^B6AE=
M58D@WZN;_)+:>_VS9W_/1?58SZQ:UA!&\:JF@H!0"@%`*`4`H!0"@%`*`BQM
M:2G"YJ&OH?2U(9_$^-?R_FK=+!'&A[JRW/&'Q]@5)R!QA\?8%`.,/C[`H"V>
M;JF]8<R&W:FEX`^ZDIMVF5[W-DHAR_/X!VBK^*=IW^:.T:P>TTAU%Y$9=U!8
M4`H"A,PLS\O<I[<?W=F1>$%9MN196AW\K./DVK=N1\^0C6AC%'>6,5=^Y(D4
M2E'WQO;KB9S/9/3[+S&=N0M68TJY.FUT7U70]'PQPAQ/QIJMO1.%,CF<_JMY
MR4+=F#E*3A!W)>AA"+DZM8(U=1'-WRGS'UR94:1\C8F/S.M>]SS+"YLX&DV=
MI$14U'6C,W81C:[`C%R:X4D"Q(M'BBYV0HN=\I`4*4#&\/:[PM/SO%&7X?TN
M*OV+M5*\I42:@YTBJ/>V4==VCV5VGZ_SW@BXTX4\/.L]]G>)>N:1K&GJU/+Z
M9*TI7;EJ>9M9=SS$W./8M]HKEI05W>M[KDX-M+<!7T,_#HH!0"@%`*`4`H"*
M>U=#N\QC7$(^'4QJ$Z/\:DS6T5RG'A[HRV^^'C\GGJQN-\/'Y//0#?#Q^3ST
M!0&9`@:W@P_KI/I]LM0S*[C'TR0D]7/_`))?3Y^V;._YZ+YK*6#+6NHC>)53
M04`H#X9.3CH6.?R\N];1L7%LW+^1?O%B(-&3)FB=PZ=.%E!*1)%!!,QC&$<`
M*`C59SA:@[EQJ,(JK;V)+:SD93*9G/9JWDLG;G=S=V<80A%-RE*32C&*6+;;
M22YS6GG%S9M)V6JY(JT;F6SFFW#'O:)LM5&$Y;+-PE*_)SJ)G;B;NU0B)9%)
M-18J/=U1,0"[0WL0^7\1=[O">A3["U<EF\RXU794E!=*CC*=>C*E72CKASGZ
MLX$\&7?+Q=;><UC*1T/3XW-U_'E.U?DG;WXW+5EQ7:6VVHN6_&CKMI1X_$YR
M*#U<?DK(!RX8^^$CE[F"5@N8,?>B9J%FN0*)B[1#?'`=E>"O>(*W&Y3+Z8YV
M^=W]U^IV3^N?6[?@)O0M)YWB:$,Q[&.2WUYWQJ/UCV+<X<Z0#_<`*;_*6`?\
MR!K!^(62_%*^4_`F\/`/&?\`>A_F_P###C%^<P=';_H]E-T_OG`'1_\`8U5_
M6':_%/WS\"<NU]'[&Y_>IK^COPPX9QSKSH`/^KF4VS'^^F`?\PAJ'XB)?DC[
MY^!.PM?1WQN.BXL?YN_#3A5N>.=$!'_1L*;#_I7`/^K\:?K$2_)'WS\`=A;^
MCAC<=/G>U_1OX:<(XY[QV^..F0IL.K-L`_ZO!I^L1+DTC[Y^!.QM?1I1N[.,
M6OZ,_#BG7//],W$0_P!%LI\`$?[\(%Z/\G`UM#Q!SE^*?OGX$[:U]%]&ZD_G
MHU_1?X>=4//G+]'-K5+GWJ6^6?D`<[LR[]S$&S@8A(A;0WO/*3@Q`3O>F0RH
M1O$X7'[JWXN&]N%Z*YMOO^G+\4_?'P)V.5^BC5Z>]\^9*O\`-*_CY;-?+XJ1
MA*69,<0_W%N_[Z&N9'OTE)5>EKY1\$=Y:^B1A<6\^/9)?[G7]8'H_$,?V6'[
MT_X35_TY/\F?=_@C7_E'6_\`'TOS.OZQ'XAC^RP_>G_":?IR?Y,^[_!#_E'6
M_P#'TOS.OZQ*<NO*/\:(-Y#&GQ9@[*4O>/DWO'#W3`;'A"]2WNCT@I^G)_DS
M[O\`!%9_1&6Y1W?G_+\SK^L3M"Y`<^];(O(C);),NELMS%R?RGR[RO"X_P`K
M_P`D_C`%@VC$6K\M_)0Y<R/R8,K\E<?N_>%^#Q-SB'PWAS??=)_BU?\`?_!%
MX_1'VHQ2^?K=/YG_`+1+MCZR(X#_`/4`O^?`/^RVH??<U^+?N_P1+^B2LK^_
MC_-']HGJ-ZR2X*.'^A^0?\N`?]EE2N^V3_%OW?X(QE]$M9C_`'\_^(_M$PBO
MSGS:X[D-,-+8<9;V7#2K%ZP220M`TC/197I'"(.X^?"38&0D&B*Q115!#$BI
M`/AX*\SFN]GBJ^Y1L.Q:M2374K)5Y5*JQ7(Z;<3[[P]]&WX=-'C8O:O#5M0U
M"S<A-MYK<LW-UQ>[.SV<ZPDT]Z._C%[M>4U>9SZEL]]0,O\`+6<6:-WWZ]*Q
M;QC8D]+NGC1C&MU^])L&39910K=KWT3+B0!$!6.8_2->)U#6=5UBYVNIW[EZ
M5*=)MI)8T2Y%7'RGZTX&[JN[CNQR/\G\!Z/D=-L.X[DG9MQC.<Y+=<YR26]+
M<I"OL4H\AE;RA1_]2'2YX1_&:]=O^2J_*]'W>?\`[+(_9S_T5P^&^-ZY7PL\
M8+_9,K_Q#)D@)7ZT/\U0H!0"@%`*`4`H"*<U@CN<Q37`;$0QU-:@PZ.O-.9\
M5;1>%#CPKVC+6<7X7D^E5C<<7X7D^E0#B_"\GTJ`H;,$^_`X8B/ZY)X/&7Q5
M#=#*[U20M]71##E,:?/VS9W?/1?-92Q9:UU$;PJJ:"@-97,CYCEDZ%\N'"48
M2*N_/*Y8U?\`$>QUG@<")[P51JRN^\$&PBZ;V^W>`8R#<QVIY<S99NW6(H4Q
MB>3XKXIR_#F3;6[//R71C79^VEZ',L-ZC2=3])>'/P\:YWY<36[=SM<MP?8N
MI9C,*.-RC3E8L-X.ZXT4ITFK"G"Y<@XM)]5/-/73K#UD)3L3FGF._BLO[IDH
MZ1?996:1>'LH/DL(Y1@U29/',I)`T1?QQ'@$,Z,(N3&,(B`[H?E_BSO$U[5U
M<RMR]3*S:;A'".%**E6Z55=NT_L?P#X=>YWN3^+:APWIMN_Q3E;4X1SN8I<S
M"[3?4WO1C"&\X3=MM0IN)))/$YW+S+]G'1H@*9RXG*.)L,=@%'I`H#MPKY3<
MN.Y*LCT&LZQ=S%^M>0O#]J9(@DB```8!MVB.SQ`%9NBV'01A*[+>GM*>>OA`
M!VEZ1K)RJ=OE\MO<Y2K]^.'27\][=49W66RRV*I0\C(C[X,0Z!V]M#T65RJP
MYBC'DB(`?`Q1V^:FT[_+Y6K2HR@966$N_@)?8'B&M[=K>>)ZC(Y"M&ZU+:R,
MP;$_O@Z!V8AUAXZ[.U9IL7*>QR>GJB="W<G***G$H"4<?#Y]O37:6;*2JSUF
M3R48QJ]A3PB(CB-<M*AVJ5,$*$B@%`?D1PH5;H?.90<<`_-JRCRLXT[AZ#&P
M]NKI'"N7<#Y3J"`[,,:VC$X,[G*>D3;<1JZ7(<.Y=Q]`V.\H0V/,DTM!_;->
MWS4W[7MN[U?_`''(O]O/_17#\F^-F;EX7.+^;XIE?^(90D"J_6)_FT%`*`4`
MH!0"@%`12^LLVYS#]<`X@'^LYJ"Z?\:4T/YE;15%4QC[HRSO'-Z1?)5C4<<W
MI%\E`..;TB^2@*-OA43P^Z(@/V\@X!AXJ-5*7.H2'?JZ?\DSI\_;+G=\]%\U
MC+!BWU#>#530Q4UB:OLK=%V3DUFUF6Z%VH@FNTM*S6+E-*X+XN/NRRS*`B"F
M3<=W[THF!%':B?=FN^453%`Q<>EU[7<EP_I\L_G7@ET8UQG+D2]?8N4^J=S_
M`'1<5=]'&>7X/X7@U.Y).]?E%NUE[6\E*[<Q5=U.J@GOSHU%.CIT.\WLV\V-
M7V<ERYM9IN$BKW3.N+@96Q&%<_B]:Z;LJ*!8J$*_6>201R*;0IBIKN%@(J<Y
MBX;PU^0>*>+LUK&8N9B]);TYMJ*>$<%@JXT\K9_H+[N^[7@_N5X2RW#O#47*
M_E\M&U._/=[6ZXU;G/=48;[WJ-QC&J23K0R*RYL1-H@@(H`7=`N`[OM5\UNW
M)7)MMXG6:UJT[LY.M:LR"*5)B@5$F!<`VX`&T</%XJS?H'E(QE=EOLX1Z[Z?
M?!U]%9-\QVF7L5>PHQ^\Z1Q#`!'P=?NUG7`[_+9?D*1D7P;0W@\/1L\%2MAW
MN5RVS`H:1>[#>^#'`?'U^.HY?2/197+[$E@4'(2.Z0_OO#XZVA;WGB>GRN3Q
M6'(6VEI/:<=[K\.%=I9M<B/89#)8+`MK(2(G.8H&Q$0'KZPZ:[6U9Y3V.5RB
M44Z8'`B(F'$1Q$:Y:22HCLTDE1;#Q0D4`H#P(X4*MT/F.?P!4Q5<6<:Y-<NP
M]`B`5I1LX4[BY3YU#X>V-:QB<*<^4^81`//6J53@W+E?(>@Y\/;J\8G#G.IL
MWY.UO3;[F'::;@;1SI6'C+JO))\_(BH+9N=7*N^B)E46`HD*)CJ`&T>D:]OW
M?I_/#)43:4YU:3HOM4]KY#\@>-W6-/L>&[BG2[UV$<]>R>6<(-K>DEG\HW1;
M=B._Q7ZL/\YPH!0"@%`*`4`H"*7UI$_]0?7*IACP]3&H)3';LPS3F0Q\M;)T
MBC"%>U?IE@./XO9VTWGS&PX_B]G;3>?,!Q_%[.VF\^8%,W6IQ(W=P_II?9TT
M3J9W>K@2)WJZH8<IK3X']LN=WSSWS6<^L3:ZALQU4ZF+#TFY/S.;5^JBHW;N
M$X6VX5-9%JYNBZWC)^_C;>9NW9DF#5R[:Q;A7?7423`B)@WMX2@/4:SJV6T7
M(RSN9?13I%;-Z33:BF\,4GMYCZ1W7=VVO=ZO%UGA308OM91[2]<HY*S8C*$)
MW91C63C&4X1I%-UDL*5:Z1.K#69GAS$,P[9N',U.$@[-L5JNSLRQ+11=)VPP
M?R!FH3MQIN)4@S[]Y/%CFN\1XLJ1L"`<`J>^IO\`Y/X\XZSNO78QO.,;5M-1
MC#JIO;+'I-NBVO"F%,3^\O<;W"\%>'3AS,6-![:_Q#J$E*_F<PXN]N1J[5EJ
M#[**MN<\;<4Y[W3<MV-.6L/*U\59MP8A\I]J2`H),')\0WAPP`B8XXCT5\EG
M*Y<>QMOT*GI-8XBL/>[2];3J]LXKZ[,H8^T)R/;E(G;TWOX=)8>0'9T>!N-5
M^+W_`&$_-?K'A+FKZ;>G66:R]*\MV'MCXGMNW6<WO+8N0P;?J8&5'Z#0:J\O
MFGLMW'_FR]8YUC4]&BNEF\HO^VM^V*7?6O>9@$26C=1OK;<F38]/4R&J?%,Y
M3W*[M]A+UCN<MJ^@K!Y[))_]?:]N45(6K>XX[MFW?M$>BV9L?'_6%1\3S?+:
MN^9+UCT.5UCA]4_\_D?E%GVY2+ZT;Z'$?Q+O`>GHM>='P>)A1Y3-?N5WS)>L
M=YEM:X>6"S^1^46?;E!RMHW]@<"V1>8[!Z+5GA]K_P!WUI;R6;DZNW<\V7K'
MILCK/#:HWJ&0^46?;EN9"S\PA*?"P[W'WW@M*X!\'BC:[*WDK_[G/9[%GKLI
MK7#-574M/V?OFQ[X6YE;)S'.8Q2V!?0B.P,+0N+\&]%=G9REY;82]1GKLEK_
M``K%*NIZ;1?[38]\*:'+C,<1$1R^OK$>G_Y/N+\&US%9NK#=EZC.X7%7"J5%
MJ>FT_A5CWP\?DWS&_P`'M]?N/N+\&U/97?8R]1CYU\*_E33?E5CWP?DWS&_P
M>WU^X^XOP;3LKOL9>HQ\Z^%?RIIORJQ[X/R;YC?X/;Z_<?<7X-IV5WV,O48^
M=?"OY4TWY58]\/`Y<9BA^]]?7[C[B_!M.RO>PEZC(?%?"J7_`+IIWRJQ[X>@
M^768P!LR^OKW+.N,?^+:E6+SVPEZC]8PGQ9PML_E33OE5CWP^8<N<Q0VCE]?
M6WKL^XOP;6G8W?82]1G"N<6\+_E/3J?PFQ[X?(IE_F"4=M@WP`[>FT;AV>W_
M`.SJT5FY[&7J,X<N*>&I.JU+3_E-GVYQ:UG7BD<Z:UHW4DJF05#IJV[,)J)I
ME`1%0Z9F13%(``.(B&%74)<S]0PN<1Z"XJ4<]DG!X)]O:HWS)[^WT#DVV6=[
M/@,#>*;%4+_M=U,PK%V/O0,.ZT>2"#DP%*.)L"CNATUK&U-NB3;\AYO.<><+
M93W?-K<YXPN3CYT8M?5+KY9:9+YS'N9"V;?A)Z\+C^4&T6[M6UX24>/HJ1>I
M(+19+A=`U,RBXB2,Z03!X=5)N7C`85``!$.TR6C:EG[RR^5M3<VZ;&Z-JJK3
MJUY'*BQ6)\SXQ[\.&N'-,GJ%^_8RV0[-SC?O7(1A.$6U-VHN2E<N0I)]FHRD
M]VBBW@=NKEK<J]YI6F$<U<WYR'G+X1CFZME6I;1GS>(L)Q+Q:`2ZDNN)B#-W
M/']Y=Q^^"SE@9!0QR@8^X<OWG@CN]EP_F/Y3U.XKF<W>A&-:0JE5R]E-8QVN
M-'AC1G\9_$YXL8=[F4EPMPG9O6=$E=:S.8O;KN9I6YOLU;7_`$5B=+=VF["[
MO12;2WHO=?7U,_#XH!0"@%`*`4`H"*<UJA_K]:\C[0X>HW4&?$,<0_NKR@>#
MVZVB<>"I<;\IBSWD/3/VCYZL;CO(>F?M'ST`[R'IG[1\]`</-K;[/=WC#]L+
MTXX=/CJ'L,KO5)"KD1YC6EE%R7\I\RK[E$H:TK.D,\YB:D5L=Q!NGG1>J21`
MP#]-=.E4TB8X%WSAB(!B(<'.YNQD<O/-YE[MBW&K?^7.\$=WPSH&I<3ZQEN'
M](AVFI9J[N0C5)5Q;;;P2C%.4GS)G6VYM?-<@]0&8A)?,J]9"*R5M=ZX<93Y
M,6PY2>O'V^0"H7!<+9NHA$2-TN&B8<95TX6",.NJBR5%%503?`=<?$O>%GNQ
MTVW.&E0?1<JQA'T9+;*?I/=Q471X_P!<>[#5^Y7P=\'._JF:RF<[R<Y:7;W(
M-7+DVNEV5J2WNSL5?02<%?483OQ4X12T.7;S;[ZBN+'Y*Y50-JQNYP`>7"FC
M,2*Q2@(`X`'C>53;*F$<<$S@4/!78Z;W*9&-+NK7W<O?M55?5H?&N-_'SJ.J
MYFXM!TN=VPZ[LLQ==F4?12R\I*5.3>],L'+<TG6C)&,9K?<K!F,N5<IH60=Q
M_#$@@)4T@:(-P33*(;`#``ZJ]79[K.&+6VVY?4^LSX[F/&3WES_])EM-M?96
M;=_#F?;6I5\KQ/A+S1-=A2[I<Z;\`.L+GFP'M!7&N3^C3AG]SGYTO;&'ZX_>
MKN[KR^AM?[MR/\6/`\T37AX,\,Q"_6W=<!?YU<*O'NXX<CLA<\^7MCBW/%YW
MGW'667T/\W9+^+&2&GS6-S#,Y;B;1Z6<F:[U)T=5"-BV5\7`W=2SHB)US`FJ
MK(-44&Z221Q,<ZA`WB@`8XACK#N]X=7["Y3[.7MCK<QXM.\NM%E]%WW_`#?D
MOXN=P'E]<GC6%J5R0;YN:IM5^H;3Z]NH[)]EY9MKWP^N6=D+27;J+HW3<YW<
MZYBF#>XFRK9U&IM7*JG=E#=X(BH`$KAYONWTF])?%KERS!+&G2KY=YNE/0/4
M<-^,7B/3,M<6O:#HNJ9FY).+G8M9=6DJX1["U'?WZIR<U6+24<&S.<WJ_$F;
MIYDVK_\`^(-_PY7%_1EDOWU=\R!Z%^-C,/9P=H*].?M#TF]7RD3=/,FU?>Z^
M:C_QY4KNRR*_UJ[YD#.7C5S;V<(Z&O\`.N>U/4/J]CX>GF2:O?OQG^&ZG]&>
M1_?-WS(%?UU,]R<)Z)Y]SVIZA]7F=B.(\R/5Y]],OPU3]&F1_?-SS(#]=34/
M\*:+Y]SVI^#>KS/R%$Z7,@U;+*$]^FBX>MB-UCE]\5%<Z,UQB(JB&Z8Q/?@4
M1$NW"I7=ID$ZO,7&OL(F<O&EJ4H.,>%M&C)II/?N.C:P='&CIMH\'RG2DYC>
MH?4]I?SGSKRKLS-S,"*>Y/9OS64KP(K-#,"X(R17M.0E8F2FVCJY'XR/"E'#
M(J@$4(3AAL``Z*[=\`\/[B;MO?Y>E*GUSYRO%9WFO,2MV_Y/=E5HY9/*J37(
MW2RTGSTP-9X<RS7('[^69?NW;.#_`+ZK/Y@\/^PEYTO;'(7BK[SULCIGR/+>
M\GZ#F7:Y0_?QS*_=9.?V34?,#A[]SEYTO;&B\5_>@OV.E_(\K[P?L.9CKE#]
M_#,@?;NN;'Z+FGS`X>]A+SI>N6_6R[T5^PTKY%E?>"XN5W,3UGW/>,?$3>=N
M9!X]=-V=8I;OG41$46JRI`XB;LAR^_('0-3'N^X>;QA.GV4O;%;OBU[TH0;C
M#2J_P'*/_P``[^.G'DB2>=NGO(G.66Y@&J6'D\V<G,L\RY*&9.VSAC$O[ZLN
M%N=Y&,EG$QQUFC!Q*&23.?WYR$`3;1&NIO=V&0G<E*WFKT;;DZ+=BZ+D57BZ
M<[/I>G>.74\OD;-G-\(:!F,W"U&,[KWH.Y-12E-QC!1BY.LMV*456B5"\_\`
M_/H4?JN85JI-]<>-''MEAK!]U>2?^N7O,@=C'QX9V.S@OA_SKGM0R]7KA&TJ
MUE76NK4A)J(+(G62?,H-8CU!,X',S<F4D#F4;+!B4Q1Q`0$=E(]U>04E+XW=
M='["&)O=\?.JW<K+*QX.T*,6G1JY=6ZW^RCT<&N1HRPL#DEZ-81N#O,Z+N;.
M&[T7SU1E=\K<5PV<Y:13QFV:A$#$V;.1L4Z*BH193O"J9US"MNB;=(7#O,GW
M?:!EUO9B$KM[V57##FW8-+GQI7$^8Z[XSN^#.S['AR[E])TEPCO6(6K684IQ
MDWVG:9BW.:JMU;D6HK=JE5LV2Y4Y#909(QI([+&P+<M8_<4HYW,LXYNI<\PS
M04%1NC/W2X(K<$\5L.Z5+OCE84R$(4N!2%`/69/3LCD([N4M0@Z4;2Z37[:7
M6EZ;9^=>*>.N+>-,P\QQ+G\QFH[[G&W*;5FW)JC=JPFK5K>VR[.$:MMNK;9=
MVN:>3%`*`4`H!0"@%`*`BHM:91'7CS`#`.`IZ@=0J@8ACM#-N1#\VMHKE]`Q
MBOMC9AWQC]8=E6JC4<8_6'92J`XQ^L.RE4#CY)0YVPAL$=X!`.@,?!B/@J'C
M@9W%5&P.Z.8GG(KHBRMT`96S4E9.2UDC=$Q?4PU7,PN/-2>O&ZYF]%V$VBS$
M?D^U;8D+@4:(L@<KHR/=4'BI$E2E3)Q,SD\OG(JWF5O6DT]U]5TV;RV22>-'
MRI/:CL=)U?4-&NRS&F7'9S;@XJY'"Y!2ZW9R6,)-5BY1:;BY1V29JIG\IV]R
MO0?R\TLY7*D5$@F9D$J9"E*7!,O'P(!MP!'#I$*WC:A&.[&BCS+8<>=Z[<F[
MEZ4IW72LI.K:6Q-^AR'!_D%@OV0-]Y)_J]3N1([1C\@L%^R!OO)/]7IN1':,
M?D&@OV0-]Y)_J]-Q#M&<NWR%MQ@>.[R)I%65$@M$SMQ0;HD[WW4%W"B9E#8`
MN00,7=$-P<<<=E-Q%)7FL$CO0\DOD71N6CR$U3ZDV\7<$1*6I%/\G<J'D:0[
M0R-PQ#%=Y=E\,SB:.>,1(JX+%1YBND735P@]5%!PF"(5;Y$91BV]^6+.VQ$1
M,7`14;!P<<RB(:'8M8R)BHULBRCXV.8H$;,F+%FW(F@U:-&Z92)ID*!"$*``
M``%5-3D*`4`H!0"@(H[F?V='WMS!^8!%R1Q(@UU,9Y2A!*F"H\=K>[]-,-TQ
MR`&(.!VX[*T4:HS@W&ZV:SOR&VO]W/\`>B?ZO4;D>=F_:/F'Y#;7^[G^]$_U
M>FY'G8[1\P_(;:_W<_WHG^KTW(\[':/F.1B\JX*VG7RNR5,9PW27`@"W(F'V
MQ%1,??`J80V&ZJE12>#9G<DY0:)=S0+_``%M&'\5/3U\TMI51[2(]5&6M06%
M`*`4`H!0"@%`*`4`H!0"@(J;6L`!KHYA9Q#ZC/?4*?H_Z7WH?FUJDVO2,(M]
MH_*8,=Y)U#[/<I1FP[R3J'V>Y2C`[R3J'V>Y2C!^%%R'+AAX<=OBI1E9U:HN
M<$63(7``''P^W2C)BE%4/WWDG4/L]RE&2.\DZA]GN4HP.\DZA]GN4HP5#;[-
MG(+K.9-4S:&CB`XD%@'=,H4!^ULD3#@!5WIP!(IMHD$X&P'#"IISD.6ZJF^[
MDK\O2*UNZE5YK.IV2,R;RTLY&]C9?Q0F"6NPJ$VC%0MI3+C%$L#"JR*Z$H\#
MANOE)`#H"1,'`JDK*3,HUG+'82#L)"Q%MPT1;L!&LX>!@(MA"PD1'()M8^*B
M(IHDQC8UBV2`J3=FQ9H$223*`%(0H`&P*S-SE*`4`H!0"@%`17G,4-N<Q'F'
M'`1#=U`9^FQ#P87RXK:*P](P7NC->/?1^Z#\;Z56HC8=]'[H/QOI4H@.^C]T
M'XWTJ40/PHY%1-4F^)L4E-F./]+-XJBB*7.JR6@T#?P%]&/\5/3W\TMI5B]I
M:'57D,M*@L*`4`H!0"@%`*`4`H!0"@%`156MDN&MWF+J;V&YG;J(/_\`F)R'
M7XZVB\*>@81]T?E9KU[S\,>T//5L.<V'>?ACVAYZ8<X'>?ACVAYZ8<X'>?AC
MVAYZ8<X'>?ACVAYZ8<X'>?ACVAYZ8<X'>?ACVAYZ8<X/8DKQ54T^+N<0Y2;Q
MA#`N\.&([0V!3#G(>&)L2T4Z&LU==-V_B'EBO)P\-!2]LM)JX8ZSI6]DK=&Y
M)AM$K75<<?$NV"C6,BT5>,9511--1-`2`)1`355R1BZS>&PDA]$.BK*+0GD;
M;^3.5;)5PJ@F61O:])/A*W%?EVN"%^49Z8<))(EW"X%;,T0+^MF*"*0F4.0R
MA\FZFT8J*HC,*H+"@%`*`4`H!0$5KS)%.#S!>8>?TM0.?9-O1MOAR/BZJU6S
MTC&--]FLSO?UOL_15!J.]_6^S]%0#O?UOL_14!]C%QQ%Q)@&U);HZ?TH_C&A
M6?5);[01_`9T9_Q5-/?S36E6;VEHX11EG0D4`H!0"@%`*`4`H!0"@%`*`BL-
M;8`&M/F1'V8DSDU$&#'H_ORJAUAUUJNKZ1BNN_*:U.\#\#R_95!J.\#\#R_9
M4`[P/P/+]E0'D%CF^I`HX;1P`1P#KV#0'CO`_`\OV5`.\#\#R_94`[P/P/+]
ME0'D')@$!`2`(#B`[=@AT?GJ`V5\NKF-YSZ#<QQN/+B23&T[FF[/'-&U^[L1
M<W3:=OW`VE)2(B)!XF9.*E9B-*LU3<*B9%$R@',7`!QFB9G3<>&QDF'I7U1Y
M3:P<FK7SKR>G"2=O7`VW9"*<@9K<%J3:`BG(6]<D2X(@_BY!LJ7?2XR297;4
MZ3E'?062.;-JAJL3(NH`H!0"@%`*`4!%2<SQ86^OOF$'`1`3:BL]2;,/SU[/
M1PV^U6JHE7T#&*I<9JP[^;TA[2^:IJN8U'?S>D/:7S4JN8#OYO2'M+YJ57,#
MFH%V960(03".*2_A+X$%!\`5&#*S58DN]H(_@,Z,_P"*KI\^::TJS>TLMAEE
M4$B@%`*`4`H!0"@%`*`4`H!0$5+KK7!OK-YCIAZ%,Z=0R>S#PYQ.#>'ZVMHK
M#TC"/7?E-7_>T^H>TOGINLV'>T^H>TOGINL#O:?4/:7STW6"H+<537?BF)<0
M,B<!`<!`0$!#P4W6BD]F![9F+.PWW*0<1MO@!BE'$Z.\&(;X".PN/0-100E7
M![2FN]I]0]H>>IW67'>T^H>TOGINL#O:?4/:7STW6#WMY,6RI%DL0,40'#$H
M@8/"4P#B`@(;*;K(:4E1G8CY'_-;MW1-F;=C3.UY>DUE)>-K0ME04)`EBA8V
MM=<C>T.[?WG.]X.V</6K&"XI3*[R[@K<@)$+N@4H5<7Z9E&L'CL)%:V[BAKO
MMV`NRW'Z4I;UT0L7<4#)H`<$)&&FF*$E%OT04*10$GC%R10N\4#8&V@`UF;G
M-4`H!0"@%`*`BD>:LL#77CK_`%1Q]_J7SN)\:\Y$>KQ5HFZ&:729J3^4B=0=
MM"X^4B=0=M`/E(G4';0%4V<\(XFT$P##%%T.P>ILK0B6PE_]!6S0UHT#_P`*
MNGSYIK2JCVDK8995!(H!0"@%`*`4`H!0"@%`*`4!%(<P-8$=8_,0$<?MF>^H
M,FSI'^ZX]'Q=5;+J^D9+KLU9=X#X?D^RJIH.\!\/R?94`[P'P_)]E0%6V:L!
MY8`#>_2C]/1T#XQJ45GL-]4_RW+MO[E19$ZW<MH16ZDXR0S7B<VXV+8$-.P<
M3'9I79"QD^9JS0!:?M]!&-;I+JB*[]JNNF5-/NI5#D5QHRE.BFC0S<D&6-*1
MXR!0[(X%*8"F%3@FW<0$3"81$J@`(XXB%&7C*N'*4=W@/A^3[*H+#O`?#\GV
M5`.\!\/R?94!RD9/+QAS\+$Z2P`59)0I3D.3$-_WIL2[QBAA[5"&JG<:Y"W.
MJ/EO\A:2-4=YNGV5#E%^GE+F3<;U1\[RZ<($/)&LZX95ZJI).+1X*3HC$3F<
M&8"5NU0(FU*!21)5Q6TJI4Z+.[E;-RP5YVY`W=:\FVF[:NB'C;@M^99&,=G*
MPLPS1?QDBT,<I#&;/6;@BA!$`$2F#95#0YR@%`*`4`H")UYO3KNFN;7:("`"
MOJLSB;^$,>)>$P.&SKW*T75J9QZ[-0'>Q]@FI5%QWL?8)J50'>Q]@FI5`KC+
MMQQ+H9D'H%%YU_UJL/AHJ5*SZI,0:"_X#>C7^*MI]^:>TZH]I9;%Y#+&H)%`
M*`4`H!0"@%`*`4`H!0"@(H+F,+`CK#Y@0B;=W]0>?R>..'3FQ)F_H:U2HO2,
M8]=^4U2=Y#[J':%0:CO(?=0[0H!WD/NH=H4!7&7ZP*3NZ!P-^MSCACXC4I4K
M/82<7J^3%E*<I?(R,DFC=_'2,UGFQ?L7B*;AH]9.\WKZ;NFCINJ4R2[=P@H8
MAR&`2F*(@(8#5'@Q#JG6NY[O+4EM+5^!FCE_EA;K;3KF%<LLG;<KEM:#.WXN
MPYJ:%27#+NZH&%9(L6C;AI+_`"(X(98G<X]4#`@(@F:5CY2LDTZK8=6"ZH)S
M;C\R2G%*U4,;@&5(<AB"&&\BJ!P`Q54\=H#MJU"\957HE*]Y#[J':%"1WD/N
MH=H4`[R'W4.T*`J>V+H^178%7."T>X,`.43`4Y<=FZIN&]Z82B&`@/@$:$2C
M7RG=TY`/-JE6+JSM&F>]\!<5MS[Z,M3(>1FI+?F[56!FY5CK/9KO=X']BDC&
M@D0!1RB6$(V0:MFZB2HBE#CRE8/D9W/:H:"@%`*`4!$N<YM7@:W=;BF(X#K!
MS7(.`8_579/^,-FRK4=,"B73--_?P\?Q0\]11EQW\/'\4//2C`[^'C^*'GI1
M@N?E(8SR[TA)C@V9/%S[,!$HHG2``PQQ'$]2DRLL43&&@==!QH;T<F;KHN"$
MTN9!(G.@JFL0JR.5=J)+)&,F8Q2JHJE$IRB.)3`("`"`U#VDK89:5!(H!0"@
M%`*`4`H!0"@%`*`4!$W\S%3@:O\`7J(?TS4AGTGM'KS2F3?T-:\F)E%UDS4O
MQQ]$.T:@T'''T0[1H!QQ]$.T:`N-E@<5+D$!``_6J@[/:/0K)T1*`>KS!ARI
ML@0_MDSJ^>.]ZI+:3#%&VS-W+&W\Y\M+TRLNH[Y*W[X@W4%)K1CCNC]%!QN'
M*LT<`4PI+(K)E,`X>#"HV%B/;YP')MSCTC.T<QD%'^=&4MSM'+JX<V(.V5XD
MUO7,V326D%+VA4W\TA;PNP=;S)V+Y89'A+^\2X'OKIU,WO1=5L.L=.PDI`.#
M)/FQB)"LHDW<[I@2<<,"B)DC"&!@`#A4EDT]AP7''T0[1H2../HAVC0#CCZ(
M=HT!=7+F_58-\U9OEMQL1=-PQ<G'$&+M(X*)',(B42IE.4#`./O1*%"LEA5$
MCKR$^:R\UFY:/<AL];VBY74'EG%Q2UNS,O,)#=.<5C%:.&[FX2M%\74W-6N>
M/2--/2G-OJ22!C%*)L1JU3R"$JX/:=BZJEQ0"@%`1*/.N,)-:.MHP!CAK%S3
MQP'#`/QKN'$1'JJ]*),HETFS2;WKV;_TJC>+CO7LW_I4W@.]>S?^E3>!6-AW
MH:S+IBI[A&7;MEA(];E5PXS-<AT%]FZ8#F1(IQ"E_/'(`8ATTWB*5.Z?RF.>
MN31GD9'Y*9CY?KYGY&)RSN6RJOBUGI(V?MDEQ3SR7N:W[H:&8RI)URD_EEE"
MGX[88\&O==U4!!0D[M=FPJFXX,[5.7/.-Y;F8MLHW*759E58P*O'K/Y`S)NN
M!M"YTA9*\+O2T,ZDEE2,G?U2"F\(*$V[*K1EJHKO_P`U/EO?]]S3;_G3MC^S
M:48JA_YJ?+>_[[FFW_.G;']FTHQ5'[2YIW+B65311ULZ;U%5E"(I)DS2MDQU
M%53@1-,A0>XF,<Y@``\(C2C%49TQ,K&ST5&3D,^;2</,Q[*5B9)DJ5=G(1LB
MV3>,7S1<@B19L[:K$43.`X&(8!"H).0H!0"@%`*`4`H!0$2US25RM]7NN3?-
MN@OJASU1+\(39EW$8"_S%:U5#*'69J0XQ.L>RJU1J.,3K'LI5`<8G6/92J!=
MW)I('-P2*A2B86L8"HCT;H'<$1`=O3B)\*E-%)["4&]7G##E39`X_P#U)G5\
M\=[U66TF'5-V-5+%H<],C\O]1.6EPY59EQJLC;-P-U"&4:*IH2<2_P"[N&[2
M:AW*J+E%M+1P.3&04.FH0IAVE,&RB=`U4B_^8)H?O+3OJ#SQR#<6G=,RVR\>
M+SD?<9+0EX*)E+(>)KC!7W&H.@>]UM=X]8O$".Q75;J*LEMU0=PP%UJJ&.,6
M:7YN*>P$@K'22(HKIX&+A[])1(XCN*)*@`%5((!AB&S$!#P56J-4Z[#B>,3K
M'LI5$CC$ZQ[*50'')UCV4JB#)K31J#O#(K,.U+WLR[I"T+NLZ?CI^R[B8XD<
M0LVS6XJ+CCB/!3;@<A-X%`,00#;4J2V%9+E6TE`.6-S9LAM=UK6UE\%[H)ZE
M86QXF6O^UW]NO++83TN*;\TTIEVE,O7*EUM89NP!=\+,ZX-$UDSJ;I5"U1KU
M"5)/RFWJH+"@%`16_/(R_8L=8>LQE%@Y<W`_SQS.O>0;*N4UD2)2UQR#N,,S
MW$BX*&26/OHXF,0<`$:TP<<2F"D=;L7Q@$0'`!#8/O1\]4Z)<\=_'Q?%'SU/
M1`[^/B^*/GIT0._CXOBCYZ=$%P;#SCS#RQ=+N[%NN3MTSP`(^29&(+=ZD&`\
M%PDL14HIFPV[NZ(]=2FEL9#5=I=)?5KF,Z$#N8RS%U]PI%'2D&\[PN(!^FK&
M++E*94P[1$"@&/@J=Y$;J.#<ZF,PG`#NE@&N/A:QCA,?<WGZE-Y#=123G._,
MEPJ94MVR38#?TEKN)HE^M(8AQ#MJ*HFB+]::,P[QNK-*%C9VXI&49@Z8K`V=
M&3,GQ"/4Q*?`J91Q`0"B:YR&DD3,^G?^#_D9_B=RR_Y%0E4+%XJ`4`H!0"@%
M`*`4!$>\VM8R&KW6*)3`'%U>YW)'QZ!(-_W<;#P;<2U=["D521J4[R/ID[0\
M]5HRX[R/ID[0\]*,#O(^F3M#STHP7_T_&XTO=HXE'A6\U/LPQ#>F&A,=GUU3
M%<Y66*)/_P!7J_DJ,@OVR9T_/'>]0]I,=ANOJ"10&"^O70S86N#)N=L:5<EM
M',-K'/5LO,QV3=(SR`GRMU#1S>:3X*IYFTG+X$P?,QP4.WWP1.DH;?I4AJJ(
MR_6]H7SGT]W;==@9P0$'"7G:L^XB^)!7#$3[453-F\FR<+C$O'@LF4S'/DE4
MN*8`(JL*0COD,4+T3*I;IJ3>$<L'2[)V3@.6RADEDE`W3D.4?"!L!P,&T!Z!
M`<0JM&7/F[R/ID[0\]*,#O(^F3M#STHP.\CZ9.T//2C!G5H^U,7)E'F58UU1
M$[*0MV6-<,3/VU-0KQ-G+HK1+Q!Z@K'+."JLC2C-9N!TB.DUFBQ]TJR*J>)!
MLL<&4E'&I**\KKF$6#K_`-.T%=[*;CD<X+4;A#9NV(8#LIF`F$5!!E*$8N3%
M5DX:9C%&ZGRDT`\>=Z9=`AP4142)5JC+)U-EU02*`ZG?K&FBV:NEA9^H2R(U
MV]CYYR6S;_9_+-E0<0C<S=EOV%(';OXY&X)'O#-*6[T*;DY1,!-[=Q+4HJT1
MP^?.6;_+JY7#M%JJ%O2;@YF:^Z(IM5][WS-8PA]J.&(;H&P$VW#&I::)3JBP
MG?"]8=I:BC)'?"]8=I:48'?"]8=I:48'?"]8=I:48'?"]8=I:48'?"]8=I:4
M8'?"]8=I:48,I]'C@%<YH8H#B/$9#TE'_;A<>BB3(EL)J_3Q_>`R-_Q/99_\
MBH2H"V%X:$B@%`*`4`H!0"@(B_F_&X>K?5\;#IUBYUAVWW>7CK15H9QQDS4!
MQ_%[.VA<\=X#Q>3[*@/`N2!TB4,.G$0#^BH#./2OEI/22H.A8R!7>8,I"67;
M\>DS77?/".IE@I\J-F"*2KUP@"V\F&X0V)B[`&G)4I)\VTE(N3)D[/9"\O?*
M#+"Y49!"8@9[-19RG*1;^&>@66S.NN50%2/DVC)XB4R#PHE$R90.40,&("`C
M1[2\=AM,J"10"@-9VOWE>:?==-HW:\G(-"U,\'EHIP-H9K1SE^W6CW$6\>2\
M.UGX9-1Q!2\6\D71D'KA1BK)%8J&*@LF=-$4Y3H0U7RD9!KBT1YDY&YX3^6M
MQ+0A+@M@';)9RBVDHYO<8-7*J:$FR9RB3>39MG(`4B(NR)&43W5`Q3,!ANL2
MBENX2-:LS$S-O.E&4Y&.HUPF<R8E<HF*F<Q<0$4''Z0X)LV&3,8HAM`<*%SB
M.\E'H$O:'V5`>>\!XO)]E0'O;2"[1=%TU4,BX04*JBLGL,FH0P&*8!Q$!P,'
M0.P:`W!\MOF+7KI.U#Y<YL6K)3+![!/HIO?L#&KLRHW_`&0+M5"YK90:RB@Q
M2LB[@'#GN1G.Z1N]4*J4Q#`!@/84=8XDJ%I>U.Y2:O,F;/SPR9N-M.VK=<<1
M=9F)RIS5LRZ1U6LK;=R1I]QU&2\3(-U43`<@$<$(5=`RC=1)4^=*%TZJJ,A*
M$G"S]MV[=4>,5<\%#W%&&4*L,?.1K.59<8A%$R+`V?(KH@L1-4P%.`;Q0,.`
M[1H"/VY[/)0A\@',UF5E!:=TJ:9;QGXPKE5U<EOOOR;WS<KMRWMVTK.C5GQ[
M[FF*:J0F24>$?F$YMU54P85=296F.&PZ?>;.DN^[(=O7-JMW=QP[7$7+)P0C
M6Y8O`F^*3^,639K+K&#:4J"1AP$-E'4DQ.D&TG$K"VE6#Z,<!TMY!BY9K!T#
MM2<I)J!T]51O$GP=[#T@^*/FIO`=[#T@^*/FIO`=[#T@^*/FIO`=[#T@^*/F
MIO`=[#T@^*/FIO`SRT!6+<EX9QP[N)CGKQ)24A(9F#1B[>*O))]+M&X-FS9H
MDJY<'1(Y!0P$*([H#X:59#V$U+D?&.87);*"&>IG2>1.5]@1CM)1)5!1-RPM
M.):KIJ(KE(LB<BJ0@)3E`Q1V"`#50MA="A(H!0"@%`*`4`H".MUU\E'F'9[Z
MJ=3EWP^DB\;KR_O745FQ?5GS+*^\L8M&8A)V]9^0@Y=%-?,*/DD47T8_*H5-
M=--0H'`#D*8,`O54Q*4:=48B(>KR\P]MAP]#]ZCN]'%S'RK6[>+F:;>Z/#3H
MD](YM+D"\QY$H%)H;N00#``XEY9-*CLZQ/F*81I6(Z1R3;D.<RIF<JJ.AF6,
M<AB'*"]Q9'N""9,V\4#D6O\`.0Q1$-H"&`AL&IJB*2-[G*PY#68]N9IV%J#U
M?1LE8R&7A32<3D^>5B"32U[QS]92"6*\LE](1$?9$8D+=^4&[\CMQ((F151%
ML8PFB4JDJ/.=P2J%A0"@%`*`T:\VOD]P_,#/&YJV7=K2R\X;*MUG%QT2I"1+
M6#O]%&9*J_+=5R-8US<@RC>VUUD8S:9#O2#9-4R:`G.24Z>0JXU.JSG#R)^8
M/"W.XA<O],-U9H6D+1JHVG+CE<DQ=HJJ()'69H)2-[D5;`U.8R>\0`Q`O2.-
M7WD11K86)4Y"G,F5^JT-38?67/DD3I^MS!"E43TCXEN0+S'ER[JFANX\/ZG>
M63279N9B@(4K$CI'`N?5X>88[-O*Z'[W`?ZCF7E<@'Q4LSREP]RHK$GI'Y:^
MKO<PUDX0=M=$N8"+ALJ19%4F:F6@&(HF8#$,']U'P&#W:5B1TC:)H"T3<ZC1
MAG%8\U9VFO,:)LES?=LKW;$.\U<O"VDA'/GC*WKGN:9MAAF4XC[E=LK-<.2I
ME<MESD,4JB8<8B8@;BQ1H[Y]4+B@+?YGY66!G-9<OE]F9:\7=MJ32)TW4;*-
MB+"W7X2J2$G%NL`=1$TPXQCM7K8Z3IJI@=(Y3``T!UW-7_J\MG9GR<Q<NGF[
M8&W)67=RSQE"YB/Y]C&6HLK"-6<4=A<=M14[=%RB$HW%58)0ZNXF;`F.&%6W
MB&C0;GCZO5S"+%GCPD?DCEWJ/;G39+GO"Q7MG.6!E#I).#(D<9J&LZX"J-%!
MX2GV@"F$H@43$P$52,3&A;U?7F`+G444T%2(&5.=0W#N3)-(N\<PF-N$3O\`
M*4A<1V````!L"E11GQ']7FU\G^JT&3/Z&[LFR_SN885%1TCX5?5U=>*PXGT'
M7$`_`OC*-,.PF8Y<*5'2.)7]6[UQN<>)H0O$,?N69>6*/9PLSBT'2./3]6IU
MMI*"L70E?8GP,&!\U\NSD]\`X_:SYIBGC[FRF`Z1V)>3UZOY>F3-UV'GKJE@
MHO+=*R91_-VGDQ"38KW<$[&N'<?$.;ZDH`7$"@P2<I)RS4\?*.7#@H)H.BE(
M91,%:;"57E.X14$B@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"
M@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`
?4`H!0"@%`*`4`H!0"@%`*`4`H!0"@%`*`4`H!0'_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
