<SUBMISSION>
<ACCESSION-NUMBER>0000950129-05-000842
<TYPE>S-8
<PUBLIC-DOCUMENT-COUNT>5
<FILING-DATE>20050202
<DATE-OF-FILING-DATE-CHANGE>20050202
<EFFECTIVENESS-DATE>20050202
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>HANMI FINANCIAL CORP
<CIK>0001109242
<ASSIGNED-SIC>6021
<IRS-NUMBER>954788120
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>S-8
<ACT>33
<FILE-NUMBER>333-122482
<FILM-NUMBER>05569628
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3660 WILSHIRE BLVD SUITE PH-A
<CITY>LOS ANGELES
<STATE>CA
<ZIP>90010
<PHONE>2133822200
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>v04666sv8.htm
<DESCRIPTION>FORM S-8
<TEXT>
<HTML>
<HEAD>
<TITLE>Hanmi Financial Corporation</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<P align="right" style="font-size: 10pt"><B>As filed with the
Securities and Exchange Commission on February&nbsp;2, 2005</B>



<HR size="4" noshade color="#000000" style="margin-top: -5px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">




<P align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>FORM S-8</B>


<P align="center" style="font-size: 10pt"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B>


<P align="center" style="font-size: 10pt"><HR size="1" noshade width="50%" align="center" color="#000000">


<P align="center" style="font-size: 24pt"><B>HANMI FINANCIAL CORPORATION</B>


<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in its Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>95-4788120</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer Identification Number)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">incorporation or organization)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>3660 Wilshire Boulevard<BR>
Suite&nbsp;PH-A<BR>
Los Angeles, California 90010<BR>
(213)&nbsp;382-2200</B><BR>
(Address, including ZIP Code and Telephone Number,<BR>
Including Area Code, of Principal Executive Offices)


<P align="center" style="font-size: 10pt"><B>INDIVIDUAL STOCK BONUS &#038; STOCK OPTION AGREEMENTS</B>

<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="62%" align="center" color="#000000"></DIV>


<DIV align="center" style="font-size: 10pt">(Full Title of Agreements)</DIV>



<P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">



<DIV align="center" style="font-size: 10pt"><B>Dr.&nbsp;Sung Won Sohn<BR>
President and Chief Executive Officer<BR>
3660 Wilshire Boulevard<BR>
Suite&nbsp;PH-A<BR>
Los Angeles, California 90010<BR>
(213)&nbsp;382-2200</B></DIV>


<P align="center" style="font-size: 10pt"><HR size="1" noshade width="50%" align="center" color="#000000">



<DIV align="center" style="font-size: 10pt">Copy to:</DIV>


<P align="center" style="font-size: 10pt"><B>Stephen W. Fackler, Esq.<BR>
Simpson Thacher &#038; Bartlett LLP<BR>
3330 Hillview Avenue<BR>
Palo Alto, California 94304-1203<BR>
(650)&nbsp;251-5000</B>


<P align="center" style="font-size: 10pt"><HR size="1" noshade width="50%" align="center" color="#000000">


<DIV align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="21" style="border-bottom: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price Per</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Aggregate Offering</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount of Registration</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
<TD width="1%">&nbsp;</TD>

    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Title of Securities to be Registered (1)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>to be Registered (2)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Share</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Price</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Statement Fee</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 0px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Stock, $0.001 per share
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000">175,000 (3)
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">34.33</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">(5)</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">6,007,750.00</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">(5)</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>


    <TD style="border-top: 0px solid #000000">&nbsp;</TD>


    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">707.11</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 0px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Stock, $0.001 per share
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000">50,000 (4)
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>

<TD align="right" valign="top" style="border-top: 0px solid #000000">35.25</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">(6)</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>

    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">1,762,500</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">(6)</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">207.45</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 0px solid #000000"><DIV style="margin-left:0px; text-indent:-0px"><B>TOTAL</B>
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 0px solid #000000">&nbsp;</TD>
    <TD style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 0px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 0px solid #000000">914.56</TD>
    <TD nowrap valign="top" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 0px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="21" style="border-top: 0px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>The securities being registered include options and rights to acquire common stock.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>Pursuant to Rule 416(a) under the Securities Act of 1933, this registration statement also
covers any additional securities that may be offered or issued in connection with any stock
split, stock dividend or similar transaction.</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)&nbsp;&nbsp;</TD>
    <TD>Represents shares reserved for issuance upon the exercise of options granted pursuant to the terms of the Stock
Option Agreement between Dr.&nbsp;Sung Won Sohn and Hanmi Financial Corporation dated November&nbsp;3,
2004.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)&nbsp;&nbsp;</TD>
    <TD>Represents shares of restricted stock granted pursuant to the terms of the Stock Bonus Grant Notice and Stock Bonus Agreement between Dr.&nbsp;Sung Won
Sohn and Hanmi Financial Corporation.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(5)&nbsp;&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the registration fee pursuant to Rule
457(h)(1) of the Securities Act of 1933, as amended, based upon the actual exercise price per
share ($34.33) of 175,000 option shares granted pursuant to the terms of the Stock Option Agreement between Dr.
Sung Won Sohn and Hanmi Financial Corporation dated November&nbsp;3, 2004.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(6)&nbsp;&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the
registration fee pursuant to Rule&nbsp;457(c) of the Securities Act of 1933, as amended, based upon the average of the high and low sales prices
reported on the NASDAQ National Market on January&nbsp;28, 2005,
which average was $35.25&nbsp;per share, for 50,000 restricted shares granted pursuant to the terms of the Stock Bonus Grant Notice and Stock Bonus Agreement between Dr.&nbsp;Sung
Won Sohn and Hanmi Financial Corporation.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">This registration statement will become effective upon filing in accordance with Rule&nbsp;462(a) under
the Securities Act.



<P>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">







<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">







<DIV align="left">
<!-- TOC -->
</DIV>
<DIV align="left">
<A name="tocpage"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>TABLE OF CONTENTS</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="100%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#101">Part I. Information Required in the Section&nbsp;10(a) Prospectus.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#102">Part II. Information Required in the Registration Statement.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#103">Item&nbsp;3. Incorporation of Documents by Reference.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#104">Item&nbsp;4. Description of Securities.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#105">Item&nbsp;5. Interests of Named Experts and Counsel.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#106">Item&nbsp;6. Indemnification of Directors and Officers.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#107">Item&nbsp;7. Exemption From Registration Claimed.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#108">Item&nbsp;8. Exhibits.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#109">Item&nbsp;9. Undertakings.</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#110">SIGNATURES</A></DIV></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#111">Exhibit&nbsp;Index</A></DIV></TD>
</TR>


<!-- End Table Body -->
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="v04666exv5w1.txt">Exhibit 5.1</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="v04666exv23w2.txt">Exhibit 23.2</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="v04666exv99w1.txt">EX-99.1</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="v04666exv99w2.txt">EX-99.2</A></FONT></TD></TR>
</TABLE>
</DIV>

<DIV align="left">
<!-- /TOC -->
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="center" style="font-size: 10pt"><B>INTRODUCTION</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant is filing this Registration Statement on Form S-8 to register shares of Common
Stock issuable pursuant to a stock bonus and options granted to Dr.&nbsp;Sung Won Sohn pursuant to the terms of the Stock Option Agreement between Dr.&nbsp;Sung Won Sohn
and Hanmi Financial Corporation dated November&nbsp;3, 2004 and the Stock Bonus Grant Notice and Stock Bonus Agreement
between Dr.&nbsp;Sung Won Sohn and Hanmi Financial Corporation (the &#147;Agreements&#148;).

<DIV align="left">
<A name="101"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>PART I</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The document(s) containing the information specified in Part&nbsp;I will be sent or given to Dr.
Sung Won Sohn as specified by Rule&nbsp;428(b)(1) of the Securities Act of 1933, as amended (the
&#147;Securities Act&#148;). Such documents are not being filed with the Securities and Exchange Commission
(the &#147;Commission&#148;) either as part of this Registration Statement or as prospectuses or prospectus
supplements pursuant to Rule&nbsp;424 of the Securities Act. Such documents and the documents
incorporated by reference in this Registration Statement pursuant to Item&nbsp;3 of Part&nbsp;II hereof,
taken together, constitute a prospectus that meets the requirements of Section 10(a) of the
Securities Act.

<DIV align="left">
<A name="102"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>PART II</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>


<DIV align="left">
<A name="103"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents previously filed with the Commission by the Registrant are
incorporated herein by reference:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="left">(a)&nbsp;&nbsp;</TD>
    <TD>Annual Report on Form 10-K filed pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), containing audited
financial statements for the Registrant&#146;s latest fiscal year ended December&nbsp;31, 2003 as
filed with the Commission on March&nbsp;15, 2004, as amended by Form 10-K/A filed with the
Commission on March&nbsp;22, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="left">(b)&nbsp;&nbsp;</TD>
    <TD>Quarterly Report on Form 10-Q for the quarter ended March&nbsp;31, 2004 as filed
with the Commission on May&nbsp;10, 2004; Quarterly Report on Form 10-Q for the quarter
ended June&nbsp;30, 2004 as filed with the Commission on August&nbsp;9, 2004; Quarterly Report on
Form 10-Q for the quarter ended September&nbsp;30, 2004 as filed with the Commission on
November&nbsp;9, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="left">(c)&nbsp;&nbsp;</TD>
    <TD>Current Reports on Form 8-K filed on January&nbsp;9, 2004, January&nbsp;27, 2004, January
30, 2004, March&nbsp;10, 2004, April&nbsp;22, 2004, April&nbsp;28, 2004, May&nbsp;3, 2004, June&nbsp;23, 2004,
July&nbsp;14, 2004, July&nbsp;26, 2004, August&nbsp;10, 2004, September&nbsp;8, 2004, October&nbsp;22, 2004,
November&nbsp;9, 2004 (2 filings), January&nbsp;19, 2005,
January&nbsp;25, 2005, January&nbsp;27, 2005 and January&nbsp;28, 2005; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="left">(d)&nbsp;&nbsp;</TD>
    <TD>The description of the Registrant&#146;s Common Stock contained in its registration
statement on Form&nbsp;8-A (No.&nbsp;000-30421) filed under Section&nbsp;12 of the Exchange Act, and any amendment or report filed
for the purpose of updating that description.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, all documents filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14 or
15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the
filing of a post-


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">effective amendment which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference
into this Registration Statement and to be a part hereof from the date of filing of such documents.
Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this Registration Statement to
the extent that a statement contained herein or in any subsequently filed document which also is
incorporated or deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.


<DIV align="left">
<A name="104"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;4. Description of the Securities</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s common stock is registered under Section&nbsp;12 of the Exchange Act.

<DIV align="left">
<A name="105"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

<DIV align="left">
<A name="106"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law allows for the indemnification of
officers, directors and any corporate agents in terms sufficiently broad to indemnify such persons
under certain circumstances for liabilities (including reimbursement for expenses incurred) arising
under the Securities Act. The Registrant&#146;s amended and restated certificate of incorporation and
amended and restated bylaws provide for indemnification of its directors, officers, employees and
other agents to the extent and under the circumstances permitted by the Delaware General
Corporation Law. The Registrant has also entered into agreements with its directors and executive
officers that require it, among other things, to indemnify them against certain liabilities that
may arise by reason of their status or service as directors and executive officers to the fullest
extent permitted by Delaware law. In addition, the Registrant has purchased directors and officers
liability insurance, which provides coverage against certain liabilities including liabilities
under the Securities Act.

<DIV align="left">
<A name="107"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;7. Exemption from Registration Claimed</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

<DIV align="left">
<A name="108"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;8. Exhibits</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following exhibits are filed with or incorporated by reference into this Registration
Statement on Form S-8:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">5.1
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Opinion of Simpson Thacher &#038; Bartlett LLP as to the legality of the shares being
registered</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">23.1
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Consent of Simpson Thacher &#038; Bartlett LLP (included in Exhibit&nbsp;5.1)</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">23.2
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Consent of KPMG LLP</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">24.1
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Power of Attorney (included on the signature pages of this Registration Statement)</DIV></TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top">99.1</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stock Option Agreement</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">99.2
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stock Bonus Grant Notice and Stock Bonus Agreement</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>



<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left">
<A name="109"></A>
</DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Undertakings</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement to include any material information
with respect to the plan of distribution not previously disclosed in the registration
statement or any material change to such information in the registration statement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act of
1933, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the registrant&#146;s annual report pursuant
to Section 13(a) or 15(d) of the Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act of 1934) that
is incorporated by reference in the registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="110"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the city of Los Angeles, State of California, on this 13th day of
January, 2005.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left">HANMI FINANCIAL CORPORATION</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ SUNG WON SOHN</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;Dr.&nbsp;Sung Won Sohn</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;President and Chief Executive Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>SIGNATURES AND POWER OF ATTORNEY</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The officers and directors of Hanmi Financial Corporation whose signatures appear below,
hereby constitute and appoint Dr.&nbsp;Sung Won Sohn and Michael J. Winiarski and each of them, their
true and lawful attorneys and agents, with full power of substitution, each with power to act
alone, to sign and execute on behalf of the undersigned any amendment or amendments to this
registration statement on Form S-8, and each of the undersigned does hereby ratify and confirm all
that each of said attorney and agent, or their, his or her substitutes, shall do or cause to be
done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities and on the date indicated.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->

<TR valign="bottom">
    <TD>&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ SUNG WON SOHN
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">President and Chief Executive
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Sung Won Sohn</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ MICHAEL J. WINIARSKI
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Senior Vice President and
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Michael J. Winiarski
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(principal financial and</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">accounting officer)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ UNG KYUN AHN
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Ung Kyun Ahn</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ RICHARD B.C. LEE
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Richard B.C. Lee</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Joseph K. Rho</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">I Joon Ahn</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ JOON H. LEE
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Joon H. Lee</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stuart S. Ahn</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ CHANG KYU PARK
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Chang Kyu Park</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ M. CHRISTIAN MITCHELL
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">M. Christian Mitchell</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ WON R. YOON
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Won R. Yoon</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ WILLIAM J. RUH
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January&nbsp;13, 2005</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">William J. Ruh</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Kraig A. Kupiec</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left">
<A name="111"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Simpson Thacher &#038; Bartlett LLP as to the legality of the shares being
registered</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Simpson Thacher &#038; Bartlett LLP (included in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG LLP</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature pages of this Registration Statement)</TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top">99.1</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stock Option Agreement</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">99.2
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stock Bonus Grant Notice and Stock Bonus Agreement</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>



<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>v04666exv5w1.txt
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<PAGE>
                                                                     EXHIBIT 5.1



                      [SIMPSON THACHER & BARTLETT LLP LETTERHEAD]



                                                 January 18, 2005


Hanmi Financial Corporation
3660 Wilshire Boulevard
Suite PH-A
Los Angeles, California  90010
Ladies and Gentlemen:

        We have acted as counsel to Hanmi Financial Corporation, a Delaware
corporation (the "Company"), in connection with the Registration Statement on
Form S-8 (the "Registration Statement") filed by the Company with the Securities
and Exchange Commission under the Securities Act of 1933, as amended, relating
to shares of Common Stock, par value $0.001 per share (the "Shares"), of the
Company to be issued to Dr. Sung Won Sohn by the Company pursuant to the
Employment Agreement, Stock Bonus Agreement, and Stock Option Agreement with Dr.
Sohn (the "Agreements").

        We have examined the Registration Statement, a form of the share
certificate, and the Agreements. We also have examined the originals, or
duplicates or certified or conformed copies, of such records, agreements,
instruments and other documents and have made such other and further
investigations as we have deemed relevant and necessary in connection with the
opinions expressed herein. As to questions of fact material to this opinion, we
have relied upon certificates of public officials and representations of
officers and representatives of the Company.

        In rendering the opinion set forth below, we have assumed the
genuineness of all signatures, the legal capacity of natural persons, the
authenticity of all documents submitted to us as originals, the conformity to
original documents of all documents submitted to us as duplicates or certified
or conformed copies, and the authenticity of the originals of such latter
documents.

        Based upon the foregoing, and subject to the qualifications and
limitations stated herein, we are of the opinion that (1) the Shares have been
duly authorized and (2) upon (a) the issuance of the Shares in accordance with
the terms of the Agreements and (b) the delivery of the consideration therefor
pursuant to the terms of such Agreements, the Shares will be validly issued,
fully paid and nonassessable.



<PAGE>
                                                                               2


        We do not express any opinion herein concerning any law other than the
Delaware General Corporation Law (including the statutory provisions, all
applicable provisions of the Delaware Constitution and reported judicial
decisions interpreting the foregoing).

        We hereby consent to the filing of this opinion letter as Exhibit 5.1 to
the Registration Statement. Except as stated herein, this opinion letter may not
be relied upon by you for any other purpose, or relied upon by, or furnished to,
any other person, firm or corporation without our prior written consent.

                                              Very truly yours,

                                              /s/ Simpson Thacher & Bartlett LLP

                                              SIMPSON THACHER & BARTLETT LLP


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>3
<FILENAME>v04666exv23w2.txt
<DESCRIPTION>EXHIBIT 23.2
<TEXT>
<PAGE>
                                                                    EXHIBIT 23.2



            Consent of Independent Registered Public Accounting Firm

The Board of Directors
Hanmi Financial Corporation:

We consent to the incorporation by reference in the registration statement on
Form S-8 of Hanmi Financial Corporation of our report dated January 25, 2004,
with respect to the consolidated statements of financial condition of Hanmi
Financial Corporation and subsidiary as of December 31, 2003 and 2002, and the
related consolidated statements of operations, changes in shareholders' equity
and comprehensive income, and cash flows for each of the years in the three year
period ended December 31, 2003, which report appears in the December 31, 2003
annual report on Form 10-K/A of Hanmi Financial Corporation.

/s/ KPMG LLP

Los Angeles, California
February 2, 2005

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>v04666exv99w1.txt
<DESCRIPTION>EX-99.1
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.1


                           HANMI FINANCIAL CORPORATION

                             STOCK OPTION AGREEMENT

                           NON-STATUTORY STOCK OPTION


        THIS AGREEMENT to grant Non-Statutory Stock Options ("Agreement") is
entered into by and between Hanmi Financial Corporation, a Delaware corporation
(the "Company"), and DR. SUNG WON SOHN ("Optionee").

        WHEREAS, the Board of Directors of the Company has authorized the grant
to Optionee of Stock Options to purchase all or any part of ONE HUNDRED SEVENTY
FIVE THOUSAND (175,000) shares of the Company's Common Stock, such Stock Option
to be for the term and upon the terms and conditions hereinafter stated;

        NOW, THEREFORE, it is hereby agreed:

               1. Definitions. For the purposes of this Agreement, the following
terms shall have the following meanings:

               a. "Change in Control." A Change in Control shall be deemed to
               have occurred in the event of:

                      (i) The consummation of a merger or consolidation of the
                      Company with or into another entity or any other corporate
                      reorganization, if more than 50% of the combined voting
                      power of the continuing or surviving entity's securities
                      outstanding immediately after such merger, consolidation
                      or other reorganization is owned by persons who were not
                      stockholders of the Company immediately prior to such
                      merger, consolidation or other reorganization; or

                      (ii) The sale, transfer or other disposition of all or
                      substantially all of the Company's assets; or

                      (iii) A change in the composition of the Board, as a
                      result of which fewer than one-half of the directors are
                      incumbent directors who either (x) had been directors of
                      the Company on the date twenty-four (24) months prior to
                      the date of the event that may constitute a Change in
                      Control (the "original directors") or (y) were elected, or
                      nominated with the affirmative votes of at least a
                      majority of the aggregate of the original directors who
                      were still in office at the time of the election or
                      nomination and the directors whose election or nomination
                      was previously so approved; or

                      (iv) Any transaction as a result of which any person is
                      the "beneficial owner" (as defined in Rule 13d-3 under the
                      Exchange Act), directly or indirectly, of securities of
                      the Company representing at least 50% of the total voting
                      power represented by the Company's then outstanding voting
                      securities. For purposes of this Paragraph (iv), the term
                      "person" shall have the same meaning as when used in
                      Sections 13(d) and 14(d) of the



                                       1
<PAGE>
                      Exchange Act but shall exclude: (A) a trustee or other
                      fiduciary holding securities under an employee benefit
                      plan of the Company or a subsidiary of the Company; and
                      (B) a corporation owned directly or indirectly by the
                      stockholders of the Company in substantially the same
                      proportions as their ownership of the common stock of the
                      Company.

                      A transaction shall not constitute a Change in Control if
                      its sole purpose is to change the state of the Company's
                      incorporation or to create a holding company that will be
                      owned in substantially the same proportions by the persons
                      who held the Company's securities immediately before such
                      transactions.

               b. "Code." This term shall mean the Internal Revenue Code of
               1986, as amended, and the regulations promulgated thereunder.

               c. "Common Stock." This term shall mean shares of the Company's
               common stock, subject to adjustment pursuant to Section 16.

               d. "Company." This term shall mean Hanmi Financial Corporation.

               e. "Constructive Termination." This term shall mean (i) the
               failure by the Company to pay or cause to be paid to Optionee his
               base salary or any earned annual cash incentive bonus payment
               when due; (ii) the reduction of Optionee's annual base salary
               without his consent; (iii) a material diminution in Optionee's
               authority, responsibilities, duties or reporting relationships as
               President and Chief Executive Officer; or (iv) the relocation of
               Optionee's primary work place with the Company in Los Angeles,
               California to a location more than thirty-five (35) miles from
               its current location as of the date of this Agreement without
               Optionee's consent, in each if such breach is not cured by the
               Company within ten (10) business days following the date on which
               Optionee notifies the Board in writing of the existence of such
               breach.

               f. "Employment Agreement." This term shall mean the Employment
               Agreement between Optionee and the Company dated November 3,
               2004.

               g. "Exchange Act." This term shall mean the Securities Exchange
               Act of 1934, as amended.

               h. "Good Cause." This term shall mean: (i) Optionee's willful or
               grossly negligent failure to comply with the lawful directions of
               the Board; (ii) Optionee's gross negligence or willful misconduct
               (including but not limited to any willfully dishonest or
               fraudulent act or omission) in the performance or intentional
               nonperformance of any of Optionee's material duties and
               responsibilities hereunder or continued neglect of Optionee's
               duties to the Company (including its subsidiaries); (iii)
               Optionee's material misappropriation of property of the Company
               (including its subsidiaries) for his own personal financial
               benefit; or (iv) Optionee's conviction or plea of guilty or "no
               contest" to a felony, in each case provided that Optionee has
               failed to cure such act or omission to the Company's reasonable
               satisfaction, if such act or omission is reasonably capable



                                       2
<PAGE>

               of being cured, no later than ten (10) days following delivery of
               written notice by the Company to Optionee of such offending act
               or omission.

               i. "Non-Statutory Stock Option." This term shall mean a Stock
               Option which is not an incentive stock option within the meaning
               of Section 422 of the Code.

               j. "Option Shares." This term shall mean Common Stock covered by
               and subject to any outstanding unexercised Stock Option granted
               pursuant to this Agreement.

               k. "Optionee." This term shall mean Dr. Sung Won Sohn, to whom a
               Stock Option has been granted pursuant to this Agreement,
               provided that at least part of the Stock Option is outstanding
               and unexercised.

               l. "Plan." This term shall mean the Hanmi Financial Corporation
               Year 2000 Stock Option Plan as embodied herein and as may be
               amended from time to time in accordance with the terms hereof and
               applicable law.

               m. "Stock Option." This term shall mean the right to purchase
               Common Stock under this Agreement in a specified number of
               shares, at a price and upon the terms and conditions determined
               by the Stock Option Committee.

               n. "Stock Option Committee." The Board of Directors of the
               Company (the "Board") may select and designate a Stock Option
               Committee consisting of two or more directors of the Company each
               of whom may be an "outside director" within the meaning of
               Section 162(m) of the Code and a "non-employee director" within
               the meaning of Rule 16b-3 of the Exchange Act. Regardless of
               whether a Stock Option Committee is selected, the Board may act
               as the Stock Option Committee and any action taken by said Board
               as such shall be deemed to be action taken by the Stock Option
               Committee. All references in this Agreement to the "Stock Option
               Committee" shall be deemed to refer to the Board acting as the
               Stock Option Committee and to a duly appointed Stock Option
               Committee, if there be one. In the event of any conflict between
               action taken by the Board acting as a Stock Option Committee and
               action taken by a duly appointed Stock Option Committee, the
               action taken by the Board shall be controlling and the action
               taken by the duly appointed Stock Option Committee shall be
               disregarded.

               Any such action taken by the Stock Option Committee in the
               administration of this Agreement shall be valid and binding, so
               long as the same is not inconsistent with the terms and
               conditions of this Agreement, unless pursuant to an amendment in
               accordance with Section 25 hereunder. Subject to the express
               provisions of the Agreement, the Stock Option Committee shall
               have the authority to construe and interpret this Agreement, to
               define the terms used herein, to prescribe, amend, and rescind
               rules and regulations relating to the administration of the
               Agreement, and to make all other determinations necessary or
               advisable for administration of the Agreement. Determinations of
               the Stock Option Committee on matters referred to in this Section
               shall be final and conclusive so long as the same are not clearly
               inconsistent with the terms of this Agreement.



                                       3
<PAGE>

               o. "Subsidiary." This term shall mean each "subsidiary
               corporation" (treating the Company as the employer corporation)
               as defined in Section 424(f) of the Code.

               2. Grant of Stock Option. Pursuant to resolutions adopted by the
Board, the Company hereby grants to Optionee the following Non-Statutory
Options, upon and subject to the terms and conditions stated herein:

               a.       The "First Option": The grant of a Stock Option to
                        purchase all or any part of Seventy-Five Thousand
                        (75,000) shares of the Company's Common Stock having an
                        exercise price per share equal to $34.33, the closing
                        price of the Company Common Stock on the Grant Date, as
                        defined below.

               b.       The "Second Option": The grant of a Stock Option to
                        purchase all or any part of One Hundred Thousand
                        (100,000) shares of the Company's Common Stock having an
                        exercise price per share equal to $34.33, the closing
                        price of the Company Common Stock on the Grant Date, as
                        defined below.

               For purposes of this Agreement, the date of grant is November 3,
2004 (the "Grant Date"). The First Option and the Second Option (collectively
the "Options") granted hereunder are designated as Non-Statutory Stock Options
and shall not be treated as incentive stock options under Section 422 of the
Code.

               3. Exercisability. These Stock Options shall vest and become
exercisable as follows:

               a.       The First Option: The shares under the First Option
                        shall vest and become exercisable on each anniversary of
                        January 3, 2005 (the "Vesting Commencement Date"), in
                        equal annual installments of 16.666666% per year
                        (rounded to the nearest whole share) over a period of
                        six (6) years from the Vesting Commencement Date and
                        upon termination of employment for any reason shall
                        continue to vest and become exercisable as if Optionee
                        had continued employment with the Company for the
                        remainder of such six-year vesting period (the "Term"),
                        except as otherwise expressly provided in this
                        Agreement. Option Shares of this First Option, which
                        become vested and exercisable may be purchased at any
                        time prior to expiration of this Stock Option.

               b.       The Second Option: Subject to the Optionee's continued
                        employment with the Company (except as provided in
                        Sections 8 and 14 below), the shares under the Second
                        Option shall vest and become exercisable on each
                        anniversary of the Vesting Commencement Date, in equal
                        annual installments of 16.666666% per year (rounded to
                        the nearest whole share) over a period of six (6) years
                        from the Vesting Commencement Date. Option Shares of the
                        Second Option that become vested and exercisable may be
                        purchased at any time prior to expiration of this Stock
                        Option.

Notwithstanding any other provision of this Agreement to the contrary, if any
Stock Option granted hereunder is not exercisable solely because of the
restrictions set forth in Section 17 below relating to "Approvals," the Stock
Option shall not expire until the earlier of the



                                       4
<PAGE>

Expiration Date specified in Section 7 hereof or until it shall have been
exercisable for an aggregate period of ninety (90) days. If the exercise of any
Stock Option is prevented within the applicable time periods set forth in this
Section 3 or in Sections 8, 9, 10, or 11 for any other reason caused by the
Company, the Stock Option shall remain exercisable until thirty (30) days after
the date that Optionee is notified by the Company that the Stock Option is again
exercisable, but in any event no later than the Expiration Date specified in
Section 7 hereof.

               4. Notice of Exercise. Subject to the other terms and conditions
hereof, the Optionee may exercise the Stock Options, to the extent vested and
exercisable, by delivering written notice of exercise to the Company in the form
established by the Company stating the number of Option Shares with respect to
which the Stock Option is being exercised and specifying whether the Optionee is
electing to purchase shares of Common Stock under the First Option or Second
Option, together with concurrent payment in full of the exercise price as
provided in Section 5. Not less than ten (10) Option Shares may be purchased at
any one time unless the number purchased is the total number which remains to be
purchased under the First Option or Second Option, and in no event may the Stock
Options be exercised with respect to fractional shares.

               5. Method of Exercise of Options. The exercise price of a Stock
Option may be paid (i) in currency of the United States of America; or by a
bank, cashier's, or certified check (such modes of payment collectively referred
to as "cash") payable to the Company in U.S. dollars or (ii) if permitted at or
before the time of exercise by the Stock Option Committee, (a) by delivery of
previously-owned shares of Common Stock having an aggregate value equal to the
full amount of the purchase price of such Option Shares or (b) by a combination
of cash and previously-owned shares of Common Stock.

               6. Tax Withholding. Upon the exercise of the Stock Option,
Optionee shall remit an amount sufficient to satisfy all federal, state, and
local tax withholding requirements relating to such exercise.

               7. Termination and Terminating Events. Subject to earlier
termination as provided in this Agreement, the Stock Options shall terminate on
the tenth (10th) year anniversary from the date of grant, which shall be
November 3, 2014 ("Expiration Date"). In the event of: (i) the consummation of a
plan of dissolution or liquidation of the Company, or (ii) the consummation of a
plan of reorganization, merger, consolidation, or similar transaction or
acquisition with respect to the Company, as a result of which the Company is not
the surviving controlling entity, the Stock Options shall terminate to the
extent unexercised at such time, and prior to such time the Stock Options shall
become immediately exercisable, whether or not vested, as to all unexercised
Option Shares for such period of time as may be determined by the Stock Option
Committee, but in any event not less than thirty (30) days prior to the
consummation of such transaction, on the condition that the accelerating event
described in this Section 7 is consummated; provided, however, that if provision
is made in connection with such transaction for assumption, substitution, or
continuation of the Stock Options, with appropriate adjustments as to number and
kind of shares and prices, the Stock Options shall be exercisable in accordance
with the terms of this Agreement.

               8. Termination without Good Cause or Resignation by the Optionee
on Account of Constructive Termination. If the Optionee's employment by the
Company or a Subsidiary is terminated by the Company without Good Cause or the
Optionee resigns on account of a Constructive Termination, any Stock Options
that are outstanding on the date of Optionee's termination without Good Cause or
the date of Optionee's resignation on account of a



                                       5
<PAGE>

Constructive Termination shall continue to vest and become exercisable as if
Optionee had continued to deliver services to the Company under the Employment
Agreement for the remainder of the Term, provided that Optionee executes an
effective release of claims as required by the Employment Agreement and
continues to comply with the covenants set forth in Sections 3, 5 and 6 of the
Employment Agreement. In the event that Optionee violates one or more of the
covenants set forth in Sections 3, 5 or 6 of the Employment Agreement, no
further vesting with respect to any outstanding Stock Options shall occur. An
outstanding Stock Option that is fully vested and exercisable on the date of
such termination shall terminate ninety (90) days following the date of
termination. An outstanding Stock Option that is not fully vested and
exercisable on the date of such termination shall terminate as to each vesting
installment on the later of (a) ninety (90) days following the date of
termination or (b) ninety (90) days following the date of vesting, whichever
occurs later, but in no event later than the Expiration Date specified in
Section 7 hereof.

               9. Resignation by the Optionee Other Than on Account of
Constructive Termination. If the Optionee resigns other than on account of a
Constructive Termination, the First Option shall continue to vest and become
exercisable as if Optionee had continued to deliver services to the Company for
the remainder of the Term, and will terminate ninety (90) days following the end
of the Term (or, if earlier, on the Expiration Date specified in Section 7
hereof), unless terminated earlier as provided in this Agreement. The Second
Option shall expire ninety (90) days after the date of such resignation or on
the Expiration Date specified in Section 7 hereof, whichever is earlier. During
such period of ninety days (or less, if the Expiration Date falls within such
ninety-day period), this Stock Option shall be exercisable only as to those
increments, if any, which have become vested and exercisable as of the date on
which the Optionee ceased to be employed by the Company or Subsidiary, and any
Stock Options or increments which have not become vested and exercisable as of
such date shall expire and terminate automatically on such date. Any portion of
the Stock Option not exercised within the period described above shall expire at
the end of such period.

               10. Termination for Good Cause. If Optionee's employment by the
Company or a Subsidiary is terminated for Good Cause, the First Option shall
continue to vest and become exercisable as if Optionee had continued to deliver
services to the Company for the remainder of the Term, and will terminate at the
end of the Term (or, if earlier, on the Expiration Date specified in Section 7
hereof), unless terminated earlier as provided in this Agreement. The Second
Option shall automatically expire as to both vested and unvested Option Shares
immediately upon the date of termination (taking into account any cure period
provided in Section 4(c) of the Employment Agreement), unless reinstated by the
Stock Option Committee within thirty (30) days of such termination by giving
written notice of such reinstatement to Optionee. In the event of such
reinstatement, Optionee may exercise the Second Option only to such extent, for
such time, and upon such terms and conditions as if Optionee had resigned other
than on account of a Constructive Termination as described in Section 9 above.

               11. Disability or Death of Optionee. If Optionee becomes disabled
or dies while employed by the Company or a Subsidiary, or dies while one or both
Stock Options are outstanding, the First Option shall become immediately fully
vested and exercisable as of the date of such disability or death and any then
outstanding Stock Option shall expire and terminate on the earlier of (a) the
one (1) year anniversary of the date of such disability or death or (b) the
Expiration Date, as specified in Section 7 hereof. After Optionee's disability
or death, but before such expiration, and subject to the provisions of Section
17 hereof, the Optionee or the person or persons to whom Optionee's rights under
this Stock Option shall have passed by order of a court



                                       6
<PAGE>

of competent jurisdiction or by will or the applicable laws of descent and
distribution, or the executor, administrator or conservator of Optionee's
estate, if applicable, shall have the right to exercise this Stock Option as to
any vested, but previously unexercised, Option Shares. Any portion of the Stock
Option not exercised within such remaining period described above shall expire
at the end of such period. For purposes hereof, "disability" shall mean that the
Optionee's incapacity due to physical or mental illness or injury has resulted
in either (i) the Optionee's absence from his full-time duties hereunder for
substantially all of six (6) consecutive months, or (ii) such incapacity as can
reasonably be expected to result in death or to last for a continuous period of
not less than twelve (12) months and to render Optionee unable to perform
effectively the duties and responsibilities of his office.

               12. Nontransferability. The Stock Options shall not be
transferable except by will or by the laws of descent and distribution, and
shall be exercisable during Optionee's lifetime only by Optionee.

               13. Privileges of Stock Ownership. Optionee shall have no rights
as a stockholder with respect to the Option Shares unless and until said Option
Shares are issued to Optionee. Except as provided herein, no adjustment will be
made for dividends or other rights in respect of which the record date is prior
to the date such stock certificates are issued.

               14. Change in Control. In the event of a Change in Control, if
(i) Optionee resigns on account of a Constructive Termination or his employment
is terminated by the Company without Good Cause, and such resignation or
termination of employment occurs upon or within thirteen (13) months following
the occurrence of a Change in Control, or (ii) the Company and Optionee have not
received written notice at least five (5) business days prior to the anticipated
closing date of the transaction giving rise to the Change in Control from the
successor to all or a substantial portion of the Company's business and/or
assets that such successor is willing and able as of the closing to assume and
agree to perform the Company's obligations under the Employment Agreement in the
same manner and to the same extent that the Company is required to perform under
the Employment Agreement, then upon Optionee's termination of employment, all
then outstanding Options shall become fully vested and exercisable on the
effective date of the termination, provided that Optionee executes an effective
release of claims as required by the Employment Agreement and complies with the
covenants set forth in Sections 3, 5, and 6 of the Employment Agreement.

               15. Notification of Sale. Optionee agrees that the Optionee will
notify the Company in writing not more than five (5) days after any sale or
other disposition of Option Shares.

               16. Adjustment Upon Changes in Capitalization. If the outstanding
shares of Common Stock of the Company are increased, decreased, materially
changed in value, or changed into or exchanged for a different number or kind of
shares, securities, and/or other property of the Company, through a
reorganization, merger, spin-off, recapitalization, reclassification, forward or
reverse stock split, stock dividend, extraordinary dividend or distribution,
stock consolidation, combination, exchange of shares of Common Stock or other
corporate exchange, any distribution to stockholders of Common Stock other than
regular cash dividends, or any transaction similar to the foregoing, without
consideration to the Company, an appropriate and proportionate adjustment shall
be made in the number or kind of Option Shares, securities or other property
subject to the Stock Options, and the exercise price of unexercised Stock
Options, or portions thereof, which have been granted prior to any such change,
shall



                                       7
<PAGE>

likewise be made. Adjustments under this Section shall be made by the Stock
Option Committee, whose determination as to what adjustments shall be made, and
the extent thereof, shall be final and conclusive. No fractional shares of stock
shall be issued on account of such adjustments, and fractional share interests
shall be disregarded, except that they may be accumulated.

               17. Approvals; Authorization. This Agreement and the issuance of
Option Shares hereunder are expressly subject to the approval of all regulatory
agencies having jurisdiction with respect thereto, if such approval is required
by law, and of the securities exchanges upon which securities of the Company are
listed, if any, have been complied with, and the Option Shares must prior to
issuance either (i) then be registered under the Securities Act of 1933, as
amended (the "Securities Act") or (ii) the Company has determined that such
issuance would be exempt from the registration requirements of the Securities
Act. The issuance of Option Shares must comply with other applicable laws and
regulations, and the Option Shares will not be issued if the Company determines
that such issuance would not be in material compliance with such laws and
regulations. The Option Shares will be issued out of the authorized but unissued
shares of the Company's Common Stock, as authorized pursuant to the Company's
Certificate of Incorporation.

               18. Notices. Any notices provided for in this Agreement shall be
deemed given and effective upon the occurrence of (i) the signing by the
recipient of an acknowledgement of receipt form accompanying delivery through
the U.S. mail sent by certified mail, return receipt requested, with postage
prepaid, (ii) personal service by a process server, or (iii) delivery to the
recipient's address by overnight delivery (e.g., FedEx, UPS, or DHL) or other
commercial delivery service, with all delivery charges paid by the sender.
Notices sent to the Company shall be sent to the attention of the Company's
General Counsel at the address for the Company's main offices. Notices addressed
to you shall be sent to the address that you most recently provided to the
Company and is reflected in the Company's books and records.

               19. Governing Law. THIS AGREEMENT WILL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA, WITHOUT GIVING
EFFECT TO ANY CHOICE OF LAW OR CONFLICTING PROVISION OR RULE (WHETHER OF THE
STATE OF CALIFORNIA OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY
JURISDICTION OTHER THAN THE STATE OF CALIFORNIA TO BE APPLIED. IN FURTHERANCE OF
THE FOREGOING, THE INTERNAL LAW OF THE STATE OF CALIFORNIA WILL CONTROL THE
INTERPRETATION AND CONSTRUCTION OF THIS AGREEMENT, EVEN IF UNDER SUCH
JURISDICTION'S CHOICE OF LAW OR CONFLICT OF LAW ANALYSIS, THE SUBSTANTIVE LAW OF
SOME OTHER JURISDICTION WOULD ORDINARILY APPLY.

               20. Resolution of Disputes

                      a. Arbitration. Any dispute, controversy or claim arising
out of or relating to this Agreement or the Plan shall be settled by binding
arbitration held in Los Angeles, California, in accordance with the Commercial
Arbitration Rules of the American Arbitration Association then in effect, except
as specifically otherwise provided in this Section 20. This Section shall be
construed and enforced in accordance with the Federal Arbitration Act,
notwithstanding any other choice of law provision in this Agreement.
Notwithstanding the foregoing:



                                       8
<PAGE>

                      b. Any party hereto may, in its discretion, apply to a
court of competent jurisdiction for equitable relief. Such an application shall
not be deemed a waiver of the right to compel arbitration pursuant to this
Section.

                      c. Arbitrators. The panel to be appointed shall consist of
three neutral arbitrators: one selected by the Company, one selected by the
Optionee, and one selected by the designees of the Company and Optionee.

                      d. Procedures. The arbitrator(s) shall allow such
discovery as the arbitrator(s) determine appropriate under the circumstances and
applicable law and shall resolve the dispute as expeditiously as practicable,
and if reasonably practicable, within one hundred twenty (120) days after the
selection of the arbitrator(s). The arbitrator(s) shall give the parties written
notice of the decision, with the reasons therefor set out, and shall have thirty
(30) days thereafter to reconsider and modify such decision if any party so
requests within ten (10) days after the decision.

                      e. Authority. The arbitrator(s) shall have authority to
award relief under legal or equitable principles, including interim or
preliminary relief, and to allocate responsibility for the costs of the
arbitration and to award recovery of attorneys fees and expenses in such manner
as is determined to be appropriate by the arbitrator(s) in accordance with
applicable law.

                      f. Entry of Judgment. Judgment upon the award rendered by
the arbitrator(s) may be entered in any court having in personam and subject
matter jurisdiction. Company and Optionee hereby submit to the in personam
jurisdiction of the Federal and State courts in Los Angeles, California, for the
purpose of confirming any such award and entering judgment thereon.

                      g. Confidentiality. All proceedings under this Section,
and all evidence given or discovered pursuant hereto, shall be maintained in
confidence by all parties and by the arbitrators to the maximum extent permitted
under applicable law.

                      h. Continued Performance. The fact that the dispute
resolution procedures specified in this Section shall have been or may be
invoked shall not excuse any party from performing its obligations under this
Agreement and during the pendency of any such procedure all parties shall
continue to perform their respective obligations in good faith.

               21. No Employment Commitment by Company. Nothing in this
Agreement constitutes an employment commitment by the Company, affects the
Optionee's status as an employee who is subject to termination without cause,
confers upon the Optionee any right to remain employed by the Company or any
Subsidiary, interferes in any way with the right of the Company or any
Subsidiary at any time to terminate such employment, or affects the right of the
Company or any Subsidiary to increase or decrease the Optionee's compensation or
other benefits. The preceding sentence is subject, however, to the terms of any
written employment agreement between the Optionee and the Company (which may not
be modified by any oral agreement).

               22. Counterparts. This Agreement may be executed in one or more
counterparts, and each such counterpart shall be deemed to be an original, but
all such counterparts together shall constitute but one agreement.



                                       9
<PAGE>

               23. Entire Agreement. This Agreement and the other writings
referred to herein constitute the entire agreement between the parties with
respect to the subject matter hereof and thereof and supersede all prior written
or oral negotiations, commitments, representations and agreements with respect
thereto.

               24. Severability. It is the desire and intent of the parties
hereto that the provisions of this Agreement be enforced to the fullest extent
permissible under the laws and public policies applied in each jurisdiction in
which enforcement is sought. Accordingly, if any particular provision of this
Agreement shall be adjudicated by a court of competent jurisdiction to be
invalid, prohibited or unenforceable for any reason, such provision, as to such
jurisdiction, shall be ineffective, without invalidating the remaining
provisions of this Agreement or affecting the validity or enforceability of such
provision in any other jurisdiction. Notwithstanding the foregoing, if such
provision could be more narrowly drawn so as not to be invalid, prohibited or
unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so
narrowly drawn, without invalidating the remaining provisions of this Agreement
or affecting the validity or enforceability of such provision in any other
jurisdiction.

               25. Amendments and Termination. Except as otherwise provided
herein, this Agreement may not be modified, amended or terminated except by a
writing signed by both parties hereto; provided that the Company, upon written
notice to the Optionee, may unilaterally amend this Agreement in any way that
does not materially adversely affect the Optionee's rights in or to the Options.

               26. Construction. Where the context or construction requires, all
words applied in the plural herein shall be deemed to have been used in the
singular and vice versa, and the masculine gender shall include the feminine and
the neuter and vice versa.

               27. Headings. The headings of the several sections herein are
inserted solely for convenience of reference and are not intended to form a part
of and are not intended to govern, limit or aid in the construction of any term
or provision hereof.


                                       10
<PAGE>
               28. Successors. This Agreement shall be binding upon the
respective successors, assigns, heirs, executors, administrators, guardians and
personal representatives of the Company and Optionee.

               IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date first above written.

                                      HANMI FINANCIAL CORPORATION



                                      ------------------------------------------
                                      By:  Joon Hyung Lee
                                      Its: Chairman of the Board


ACKNOWLEDGMENT:

I hereby acknowledge receipt of a copy of this Agreement.

                                      OPTIONEE


                                      ------------------------------------------
                                      DR. SUNG WON SOHN



                                       11

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>5
<FILENAME>v04666exv99w2.txt
<DESCRIPTION>EX-99.2
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.2




                           HANMI FINANCIAL CORPORATION
                            STOCK BONUS GRANT NOTICE


Hanmi Financial Corporation (the "Company"), pursuant to the terms of that
Employment Agreement between the Company and Dr. Sung Won Sohn dated November 3,
2004 (the "Employment Agreement"), hereby grants to Dr. Sohn (the "Participant")
a stock bonus grant (the "Award") of that number of shares of the Company's
Common Stock set forth below (the "Shares"). This Award is subject to all of the
terms and conditions set forth herein and in the Stock Bonus Agreement attached
hereto and incorporated herein in its entirety (collectively, the "Award
Documents").

Participant:                                      Dr. Sung Won Sohn
Grant Date:                                       February [   ], 2005
Vesting Commencement Date:                        [        ], 2005
Number of Shares:                                 50,000
Fair Market Value on Grant Date (Per Share):      [$______]

VESTING SCHEDULE:        -  One-fifth (1/5th) of the Shares will be released
                            from the restrictions on transfer set forth in
                            Section 12 of the Stock Bonus Agreement on the
                            Vesting Commencement Date.

                         -  One-fifth (1/5th) of the Shares will be released
                            from the restrictions on transfer set forth in
                            Section 12 of the Stock Bonus Agreement on each of
                            the first four anniversaries of the Vesting
                            Commencement Date (or if the Shares are then listed
                            on a national securities exchange, automatic
                            quotation system or similar public securities
                            market, but are not actively traded on such date
                            (for example, because such date falls on a weekend
                            or holiday), then the date of release shall be the
                            first trading day immediately preceding such
                            anniversary date) in accordance with the standard
                            set forth in Section 4 of the Stock Bonus Agreement.

                         -  All Shares shall be released from the restrictions
                            on transfer set forth in Section 12 of the Stock
                            Bonus Agreement in the event of the Participant's
                            death or disability, or certain terminations of
                            employment upon or within 13 months after the
                            occurrence of a Change in Control, as described in
                            further detail in the Section 4 of the Stock Bonus
                            Agreement and the Employment Agreement.

CONSIDERATION:           The Shares are awarded to the Participant in
                         consideration for past services rendered to the Company
                         as an employee of the Company, including Participant's
                         execution of the Employment Agreement. No payment is
                         required for the Shares, although payment may be
                         required for the amount of any withholding taxes due as
                         a result of the award of, or release of, the Shares, as
                         described in greater detail in the Stock Bonus
                         Agreement.
<PAGE>
ADDITIONAL TERMS/ACKNOWLEDGEMENTS: The undersigned Participant acknowledges
receipt of the Award Documents, and understands and agrees to the terms set
forth in the Award Documents. Participant further acknowledges that as of the
Grant Date, the Award Documents set forth the entire understanding between
Participant and the Company regarding the acquisition of shares of the Company's
Common Stock and supersede all prior oral and written agreements on that subject
with the exception of (i) stock options previously granted and delivered to
Participant under the Employment Agreement, and (ii) the Employment Agreement.

HANMI FINANCIAL CORPORATION            DR. SUNG WON SOHN:

By:
   ---------------------------------   -----------------------------------------
               Signature                             Signature


Title:                                 Date:
      ------------------------------        ------------------------------------

Date:
     -------------------------------

ATTACHMENTS: I.  Stock Bonus Agreement

<PAGE>
                                  ATTACHMENT I

                              STOCK BONUS AGREEMENT

<PAGE>
                           HANMI FINANCIAL CORPORATION
                              STOCK BONUS AGREEMENT

        Pursuant to the provisions of the Employment Agreement between you and
the Company dated November 3, 2004 ("Employment Agreement"), Hanmi Financial
Corporation (the "Company") grants you that number of shares of Common Stock of
the Company under the terms of the Stock Bonus Grant Notice to which this Stock
Bonus Agreement is attached ("Stock Bonus Grant Notice") and this Stock Bonus
Agreement ("Agreement") (together the Stock Bonus Grant Notice and the Agreement
shall be referred to as the "Award Documents"). Defined terms not explicitly
defined in the Award Documents but defined in the Employment Agreement shall
have the same definitions as in the Employment Agreement.

        The details of your Award are as follows:

        1. THE AWARD. The Company hereby awards to you the aggregate number of
shares of Common Stock specified in your Stock Bonus Grant Notice (the
"Shares"). The Shares are awarded to you in consideration for past service to
the Company as an employee of the Company, including your execution of the
Employment Agreement.

        2. DOCUMENTATION. As a condition to the award of the Shares, and prior
to the receipt of any share certificates by you, you agree to execute the Stock
Bonus Grant Notice and to deliver the same to the Company, along with such
additional documents as the Company may reasonably require.

        3. CONSIDERATION FOR THE AWARD. No cash payment is required for the
Shares, although you may be required to tender payment in cash or other
acceptable form of consideration for the amount of any withholding taxes due as
a result of the award of, or release from the restrictions on transfer of, the
Shares.

        4. RELEASE FROM RESTRICTIONS.

           (a) Subject to the limitations contained in Sections 11 and 12 of
this Agreement and the terms of the Employment Agreement, the Shares will be
released to you as provided in the Stock Bonus Grant Notice. If your employment
with the Company terminates for any reason prior to the release of any number of
Shares, the Shares will nevertheless be released from the restrictions on
transfer in accordance with the release schedule provided in the Stock Bonus
Grant Notice as if you had continued to deliver services to the Company under
the Employment Agreement for the remainder of the term of the Employment
Agreement; provided that you execute an effective release of claims to the
extent required by the Employment Agreement and comply with the covenants set
forth in Sections 3, 5, and 6 of the Employment Agreement.

           (b) Notwithstanding the foregoing, in the event that: (i) your
employment is terminated due to your death; (ii) your employment is terminated
due to your disability (as defined in the Employment Agreement); or (iii) (A)
your employment is terminated without "good cause" (as defined in the Employment
Agreement) or you resign on account of a Constructive Termination (as defined in
the Employment Agreement), and such termination of employment or resignation
occurs upon or within thirteen (13) months following the occurrence of a Change
in Control (as defined in the Employment Agreement), or (B) you and the Company
have not received written notice at least five (5) business days prior to the
anticipated closing



<PAGE>

date of the transaction giving rise to the Change in Control from the successor
to all or a substantial portion of the Company's business and/or assets that
such successor is willing and able as of the closing to assume and agree to
perform the Company's obligations under the Employment Agreement in the same
manner and to the same extent that the Company is hereby required to perform,
then in either case termination or failure to assume the Company's obligations
under this Agreement shall be treated as a termination of the Employment
Agreement by the Company without "good cause" and upon your termination of
employment (including a resignation by you for any reason pursuant to Section
4(b)(iii)(B) above); then all of the Shares subject to this Award shall be
released in their entirety from the restrictions on transfer set forth in
Section 12 hereof on the effective date of the termination, provided that in the
event of a termination pursuant to Section 4(b)(iii) above, you must execute an
effective release of claims to the extent required by the Employment Agreement
and comply with the covenants set forth in Sections 3, 5, and 6 of the
Employment Agreement..

        5. NUMBER OF SHARES. If the outstanding shares of Common Stock of the
Company are increased, decreased, or changed into or exchanged for a different
number or kind of securities and/or property, through a reorganization, merger,
recapitalization, reclassification, spin-off, combination, exchange of shares of
Common Stock of the Company or other corporate exchange, forward stock split,
reverse stock split, stock dividend, stock consolidation, any distribution to
stockholders of Common Stock other than regular cash dividends, or any
transaction similar to the foregoing, in each case without consideration to the
Company, an appropriate and proportionate adjustment shall be made to the Shares
awarded to you. Adjustments under this Section shall be made by the Committee
appointed by the Company's Board of Directors to administer your award of the
Shares, whose determination as to what adjustments shall be made, and the extent
thereof, shall be final and conclusive. No fractional shares of stock shall be
issued or made available under this award of Shares on account of such
adjustments, and fractional share interests shall be disregarded, except that
they may be accumulated.

        6. CERTIFICATES. Certificates evidencing the Shares shall be issued by
the Company and shall be registered in your name as soon as reasonably
practicable after the Grant Date.

        7. RIGHTS AS A STOCKHOLDER. You shall be the record owner of the Shares,
and as record owner shall be entitled to the rights of a common stockholder of
the Company, including, without limitation, voting rights with respect to the
Shares and you shall receive, when paid, any dividends on all of the Shares
granted hereunder as to which you are the record holder on the applicable record
date; provided that any cash or in-kind dividends paid with respect to the
Shares which remain subject to the restrictions on transfer set forth in this
Agreement shall be retained by the Company and shall be paid to you only when,
and if, such Shares are released from such restrictions pursuant to Section 4
and the Stock Bonus Grant Notice.

        8. SECURITIES LAWS. You may not be issued any Shares under your Award
unless the Shares are either (i) then registered under the Securities Act or
(ii) the Company has determined that such issuance would be exempt from the
registration requirements of the Securities Act. Your Award must also comply
with other applicable laws and regulations governing the Award, and you will not
receive such Shares if the Company determines that such receipt would not be in
material compliance with such laws and regulations.

<PAGE>

        9. LEGENDS ON CERTIFICATES. The certificates representing the Shares
delivered to you shall be subject to such stop transfer orders and other
restrictions as the Company may deem advisable under this Agreement or the
rules, regulations, and other requirements of the Securities and Exchange
Commission, any stock exchange upon which such Shares are listed, and any
applicable federal, state or foreign laws, and the Company may cause a legend or
legends to be put on any such certificates to make appropriate reference to such
restrictions.

        10. AWARD NOT A SERVICE CONTRACT. Your Award is not an employment or
service contract, and nothing in your Award shall be deemed to create in any way
whatsoever any obligation on your part to continue to serve as an employee of
the Company. In addition, nothing in your Award shall obligate the Company, its
stockholders, its Board or employees to continue any relationship that you might
have as an employee of the Company or any affiliate of the Company or as a
member of the Company's Board of Directors or the board of directors of any
affiliate of the Company, or otherwise.

        11. WITHHOLDING OBLIGATIONS.

           (a) At the time your Award is made, or at any time thereafter as
requested by the Company, you agree to make adequate provision for any sums
required to satisfy the federal, state, local and foreign tax withholding
obligations of the Company, if any, which arise in connection with your Award.
You agree that in the event that you do not make adequate provision for the
payment of such sums, the Company shall be entitled, but not obligated, to
withhold that number of Shares with a value sufficient to satisfy its
withholding obligations from those Shares to be released from the restrictions
on transfer provided for herein.

           (b) Unless the tax withholding obligations of the Company, if any,
are satisfied, the Company shall have no obligation to release such Shares from
any restrictions on transfer provided for herein, notwithstanding the release
schedule set forth in the Stock Bonus Grant Notice or the terms of Section 4
hereof.

        12. RESTRICTIONS ON TRANSFER. You agree that you will not transfer any
Shares except as permitted under the terms of the Award Documents, including the
provisions of this Section 12.

           (a) You agree that you will not sell, or otherwise dispose of in an
exchange subject to income and/or employment tax, all or any part of the Shares
subject to this Award prior to the time that they are released from this
restriction according to the terms of the release schedule set forth in the
Stock Bonus Grant Notice and Section 4 hereof and the satisfaction of the
Company's tax withholding obligations pursuant to Section 11 hereof.

           (b) You agree that you may not transfer in a transaction that is not
subject to income and/or employment tax, any part of the Shares subject to this
Award prior to the time that they are released from this restriction according
to the terms of the release schedule set forth in the Stock Bonus Grant Notice
and Section 4 hereof and the satisfaction of the Company's tax withholding
obligations pursuant to Section 11 hereof. The Company may in its discretion
permit such a non-taxable transfer upon such terms and conditions as it shall
determine, including but not limited to an agreement by the transferee to accept
such a transfer of Shares subject to the same conditions and limitations imposed
on you had such a transfer not occurred.

<PAGE>

               (c) In the event of any purported transfer of Shares which is in
violation of the terms of this Agreement, such purported transfer shall be void
and of no effect, and the Company shall have an irrevocable option (the
"Reacquisition Option") to reacquire from you all of the Shares subject to the
purported transfer at no cost to the Company.

               (d) Each certificate representing Shares held by you will bear a
legend on the face thereof substantially to the following effect (with such
additions thereto or changes therein as the Company may be advised by counsel
are required by law or necessary to give full effect to this Agreement or to
reflect restrictions imposed under applicable securities and other law.

               "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO AN
AGREEMENT IN FAVOR OF THE COMPANY, A COPY OF WHICH IS ON FILE WITH THE COMPANY.
NO TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE
SECURITIES REPRESENTED BY THIS CERTIFICATE, DIRECTLY OR INDIRECTLY, MAY BE MADE
EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF SUCH AGREEMENT. THE HOLDER OF THIS
CERTIFICATE, BY ACCEPTANCE OF THIS CERTIFICATE, AGREES TO BE BOUND BY ALL OF THE
PROVISIONS OF SUCH AGREEMENT."

               The Company shall also be authorized to issue stop transfer
instructions to the Company's transfer agent in order to enforce further the
restrictions on transfer set forth herein. _

        13. NOTICES. Any notices provided for in your Award Documents shall be
deemed given and effective upon the occurrence of (i) the signing by the
recipient of an acknowledgement of receipt form accompanying delivery through
the U.S. Mail sent by certified mail, return receipt requested, with postage
prepaid, (ii) personal service by a process server, or (iii) delivery to the
recipient's address by overnight delivery (e.g., FedEx, UPS, or DHL) or other
commercial delivery service, with all delivery charges paid by the sender.
Notices sent to the Company shall be sent to the attention of the Company's
General Counsel at the address for the Company's main offices. Notices addressed
to you shall be sent to the address that you most recently provided to the
Company and is reflected in the Company's books and records.

        14. ADMINISTRATION AND INTERPRETATION. The Award Documents shall be
interpreted and administered by the Stock Option Committee. The Board of
Directors of the Company may select and designate a Stock Option Committee
consisting of two or more directors of the Company, each of whom may be an
"outside director" within the meaning of Section 162(m) of the Internal Revenue
Code of 1986, as amended, and a "non-employee director" within the meaning of
Rule 16b-3 of the Securities Exchange Act of 1934, as amended. Regardless of
whether a Stock Option Committee is selected, the Board of Directors may act as
the Stock Option Committee and any action taken by said Board of Directors as
such shall be deemed to be action taken by the Stock Option Committee. All
references in this Agreement to the "Stock Option Committee" shall be deemed to
refer to the Board of Directors acting as the Stock Option Committee and to a
duly appointed Stock Option Committee, if there be one. In the event of any
conflict between action taken by the Board of Directors acting as a Stock Option
Committee and action taken by a duly appointed Stock Option Committee, the
action taken by the Board of Directors shall be controlling and the action taken
by the duly appointed Stock Option Committee shall be disregarded.


<PAGE>

        Any such action taken by the Stock Option Committee in the
administration of this Agreement shall be valid and binding, so long as the same
is not inconsistent with the terms and conditions of this Agreement. Subject to
the express provisions of the Agreement, the Stock Option Committee shall have
the authority to construe and interpret this Agreement, to define the terms used
herein, to prescribe, amend, and rescind rules and regulations relating to the
administration of the Agreement, and to make all other determinations necessary
or advisable for administration of the Agreement. Determinations of the Stock
Option Committee on matters referred to in this Section shall be final and
conclusive so long as the same are not clearly inconsistent with the terms of
this Agreement.

        15. MISCELLANEOUS.

           (a) You agree upon request to execute any further documents or
instruments necessary or desirable in the good faith determination of the
Company to carry out the purposes or intent of this Award.

           (b) You acknowledge and agree that you have reviewed your Award
Documents in their entirety, have had an opportunity to obtain the advice of
counsel prior to executing and accepting your Award and fully understand all
provisions of your Award Documents.

           (c) The waiver by either party of compliance with any provision of
the Award by the other party shall not operate or be construed as a waiver of
any other provision of the Award, or of any subsequent breach by such party of a
provision of the Award.

           (d) The Shares will be issued out of the authorized but unissued
shares of the Company's Common Stock, as authorized pursuant to the Company's
Certificate of Incorporation.




</TEXT>
</DOCUMENT>
</SUBMISSION>
