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<SEC-DOCUMENT>0000950123-10-109779.txt : 20101130
<SEC-HEADER>0000950123-10-109779.hdr.sgml : 20101130
<ACCEPTANCE-DATETIME>20101130165734
ACCESSION NUMBER:		0000950123-10-109779
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20101124
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20101130
DATE AS OF CHANGE:		20101130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HANMI FINANCIAL CORP
		CENTRAL INDEX KEY:			0001109242
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				954788120
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30421
		FILM NUMBER:		101222398

	BUSINESS ADDRESS:	
		STREET 1:		3660 WILSHIRE BLVD SUITE PH-A
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90010
		BUSINESS PHONE:		2133822200
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v57987e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

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

<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>

<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of The Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>November&nbsp;24, 2010<BR>
Date of Report (date of earliest event reported)</B></DIV>

<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>HANMI FINANCIAL CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><B>(exact names of registrant as specified in its charter)</B></DIV>


<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></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="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware<BR>
(state or other jurisdiction of <BR>
incorporation or organization)</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Commission File Number<BR>
000-30421</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>95-4788120<BR>
(I.R.S. Employer Identification Number)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>3660 Wilshire Boulevard, Ph-A<BR>
Los Angeles, California 90010<BR>
(Address of principal executive offices, including zip code)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>(213)&nbsp;382-2200<BR>
(Registrant&#146;s telephone number, including area code)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Not Applicable<BR>
(Former name or former address, if changed since last report)</B></DIV>

<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Check the appropriate box below if the Form&nbsp;8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>













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

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;1.01.</B>&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>Entry into Material Definitive Agreement.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On November&nbsp;30, 2010, Hanmi Financial Corporation (the &#147;<U>Company</U>&#148;) and Woori Finance
Holdings Co. Ltd. (&#147;<U>Investor</U>&#148;) entered into Amendment No.&nbsp;2 (the &#147;<U>Amendment</U>&#148;) to
Securities Purchase Agreement (as amended, the &#147;<U>Agreement</U>&#148;), dated May&nbsp;25, 2010, as
previously amended by Amendment No.&nbsp;1 to Securities Purchase Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amendment changes the Outside Date (as that term is defined in the Agreement) from
November&nbsp;15, 2010 to December&nbsp;31, 2010, frees the Company
from exclusivity with Woori, and eliminates
the Company&#146;s obligation to pay a termination fee and modifies certain negative covenants with
respect to the conduct of the business of the Company. The Amendment allows the Company, if needed,
to pursue further fundraising efforts and/or alternative proposals to acquire control of the
Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the termination provision of the Agreement is supplemented by the Amendment to
allow either party to terminate the Agreement in the event the Company sells any capital stock at a
price per share less than a $1.20, and Woori to terminate the Agreement if sales of the Company&#146;s
capital stock prior to the Closing (as that term is defined in the Agreement) would result in Woori
acquiring less than 40% of the capital stock of the Company on an as-converted and fully-diluted
basis at the Closing, assuming the sale at the Closing of 175&nbsp;million shares of common stock of the
Company to Woori at $1.20 per share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amendment also provides for a release of the Company by Woori from liability for any
losses that Woori may suffer after the date of this Amendment as a result of a breach by the
Company of the capitalization or material contracts representations in the Agreement. Woori is
released by the Company from liability for any losses that the Company may suffer on or after
November&nbsp;15, 2010 as a result of a breach by Woori of the knowledge of conditions representation in
the Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finally, the Amendment modifies the second Recital of the Agreement and the definition of
&#147;Acquisition Proposal.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing summary is qualified in its entirety by the full text of the Amendment, a copy
of which is filed herewith as Exhibit&nbsp;10.1 and is incorporated into this Current Report on Form 8-K
by reference.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;8.01.</B>&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>Other Events.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On November&nbsp;24, 2010, Woori informed the Company that on November&nbsp;22, 2010 Woori filed a
request with the Board of Governors of the Federal Reserve System (&#147;FRB&#148;) that processing of the
application Woori filed with the FRB on June&nbsp;22, 2010 be suspended to allow additional information
regarding Woori&#146;s U.S. subsidiary bank to be developed and provided to the FRB. The requested
suspension will continue until such time as the FRB staff determines that processing of the
application may continue.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On November&nbsp;30, 2010, the Company issued a press release regarding entry into the Amendment
and the suspension request, which is filed herewith as Exhibit&nbsp;99.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As discussed therein, the press release filed as Exhibit&nbsp;99.1 to this Current Report on Form
8-K contains forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act of
1933, as amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended, and, as such,
may involve known and unknown risks, uncertainties and assumptions. These forward-looking
statements relate to the Company&#146;s current expectations and are subject to the limitations and
qualifications set forth in the press release as well as in the Company&#146;s other documents filed
with the U.S. Securities and Exchange Commission, including, without limitation, that actual events
and/or results may differ materially from those projected in such forward-looking statements.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01.</B>&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits.</TD>
</TR>

</TABLE>
</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="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="left">&nbsp;</TD>
    <TD valign="top" align="right">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="left">&nbsp;</TD>
    <TD valign="top" align="center">10.1</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amendment No.&nbsp;2 to Securities Purchase Agreement, dated November&nbsp;30, 2010</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="left">&nbsp;</TD>
    <TD valign="top" align="right">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="left">&nbsp;</TD>
    <TD valign="top" align="center">99.1</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Press release, dated November&nbsp;30, 2010</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

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





<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>HANMI FINANCIAL CORPORATION</B><BR>
<I>(Registrant)</I><BR><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: November 30, 2010&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="center"><FONT style="FONT-variant: SMALL-CAPS">/s/  Jay S. Yoo</FONT></TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="center"><B>Jay S. Yoo</B></TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="center"><B>President and Chief Executive
Officer</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>






<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

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




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INDEX TO EXHIBITS</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="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD nowrap valign="top" align="right">&nbsp;</TD>
    <TD valign="top" align="right">&nbsp;</TD>
    <TD 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 nowrap valign="top" align="right">&nbsp;</TD>
    <TD align="right" valign="top">10.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amendment No.&nbsp;2 to Securities Purchase Agreement, dated November&nbsp;30, 2010</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD nowrap valign="top" align="right">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD 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 nowrap valign="top" align="right">&nbsp;</TD>
    <TD align="right" valign="top">99.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Press release, dated November&nbsp;30, 2010</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>v57987exv10w1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv10w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMENDMENT NO. 2<BR>
TO<BR>
SECURITIES PURCHASE AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS AMENDMENT NO. 2 TO SECURITIES PURCHASE AGREEMENT, dated as of November&nbsp;30, 2010 (this
&#147;<U>Amendment</U>&#148;), is entered into by and between Hanmi Financial Corporation, a Delaware
corporation and registered bank holding company with its principal offices in Los Angeles,
California (the &#147;<U>Company</U>&#148;), and Woori Finance Holdings Co. Ltd., a Korean corporation with
its principal offices in Seoul, Korea (the &#147;<U>Purchaser</U>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the Company and the Purchaser are parties to that certain Securities Purchase
Agreement, dated as of May&nbsp;25, 2010, as amended by that certain Amendment No.&nbsp;1 to Securities
Purchase Agreement, dated as of September&nbsp;30, 2010 (as amended, the &#147;<U>Purchase Agreement</U>&#148;);
and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the parties hereto wish to amend the Purchase Agreement as provided herein to extend
the Outside Date and make certain other revisions to the Purchase Agreement as set forth herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW THEREFORE, in consideration of the premises and mutual agreements contained herein, and
for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the
parties hereto, intending to be legally bound, agree as follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;1. </B><U>Amendment and Restatement of Recital</U>. The second whereas clause in the
recitals to the Purchase Agreement is hereby amended and restated in its entirety as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;WHEREAS, the Company desires to issue and sell to the Purchaser, and the Purchaser
desires to purchase from the Company, up to 200,000,000 shares of Common Stock (the
&#147;<U>Shares</U>&#148;).&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;2. </B><U>Amendment to Section&nbsp;1.1</U>. The definition of &#147;Acquisition Proposal&#148; in
Section&nbsp;1.1 of the Purchase Agreement is hereby amended and restated in its entirety as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;<U>Acquisition Proposal</U>&#148; means any written offer, proposal, or indication of
interest from any third party(ies) relating to any transaction or series of related
transactions involving any (i)&nbsp;acquisition or purchase by any person, directly or
indirectly, of 9.9% or more of any series of the Common Stock, or any tender offer
(including a self-tender) or exchange offer that, if consummated, would result in any
person beneficially owning 9.9% or more of any series of the Common Stock, (ii)&nbsp;any direct
or indirect merger, acquisition, amalgamation, consolidation, share exchange, business
combination, joint venture or other similar transaction involving the Company or any of
its Subsidiaries, which results in the stockholders of the Company immediately preceding
such transaction owning less than 51% of any series of the issued and outstanding voting
or equity securities of the Company after the consummation of such transaction, (iii)&nbsp;any
sale, lease, exchange, transfer, license (other than licenses in the ordinary course of
business), acquisition or disposition of all or substantially all of the assets of the
Company and its Subsidiaries, taken as a whole (measured by the lesser of book or fair
market value thereof), (iv)&nbsp;any liquidation, dissolution, recapitalization, extraordinary
dividend or other significant corporate reorganization of the Company or any of its
Subsidiaries, or (v)&nbsp;any issuance by the Company, other than the sale of the Shares to the
Purchaser, which involves the purchase and sale by any person, directly or indirectly, of
9.9% or more of any series of the Common
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Stock at any time. Subject to the terms and conditions of this Agreement, the Rights
Offering and Subsequent Offering shall not be deemed to be an Acquisition Proposal.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;3. </B><U>Deletion of Section&nbsp;5.1 of the Purchase Agreement</U>. Section&nbsp;5.1 of the
Purchase Agreement is hereby deleted in its entirety.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;4</B>. <U>Deletion of Section&nbsp;5.3 of the Purchase Agreement</U>. Section&nbsp;5.3 of the
Purchase Agreement is hereby deleted in its entirety.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;5. </B><U>Deletion of Section&nbsp;5.4 of the Purchase Agreement</U>. Section&nbsp;5.4 of the
Purchase Agreement is hereby deleted in its entirety.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;6. </B><U>Amendments to Section&nbsp;5.9 of the Purchase Agreement</U>. Section&nbsp;5.9 of the
Purchase Agreement is hereby amended as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Section&nbsp;5.9(b) of the Purchase Agreement is hereby amended and restated as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;(i) split, combine or reclassify any shares of its capital stock; or (ii)&nbsp;directly or
indirectly repurchase, redeem or otherwise acquire any shares of the capital stock of the
Company, or any securities convertible into or exercisable for any shares of the capital
stock of the Company;&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Section&nbsp;5.9(c) of the Purchase Agreement is hereby amended and restated as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;amend its certificate of incorporation, by-laws or other similar governing documents, or
enter into a plan of consolidation, merger, share exchange, reorganization or similar
business combination with or involving any other Person, or a letter of intent or
agreement in principle with respect thereto, <U>provided</U>, <U>however</U>, that
notwithstanding any other provision hereof, the Company may (A)&nbsp;comply with applicable
securities laws and regulations, including, without limitation, the Exchange Act (and Rule
14e-2 promulgated under the Exchange Act with regard to a tender or exchange offer) and
(B)&nbsp;the Company may engage in discussions or negotiations with a third party who seeks to
initiate such discussions or negotiations, and may furnish such third party information
concerning the Company and its business if and only to the extent a third party has first
made an Acquisition Proposal and the Board has determined in good faith after consultation
with its financial advisors and legal counsel that failure to take such action would be
inconsistent with its fiduciary duties under applicable law;&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;7</B>. <U>Right of Termination</U>. Section&nbsp;7.1(d) of the Purchase Agreement is hereby
amended and restated in its entirely as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;(i) By the Company, to enter into an Acquisition Proposal, (ii)&nbsp;by the Purchaser in the
event the Company enters into an Acquisition Proposal, (iii)&nbsp;by the Company or the
Purchaser in the event the Company consummates the issuance and sale of any capital stock
or any other security convertible into capital stock of the Company at a price per share
that is less than the Per Share Price or (iv)&nbsp;by the Purchaser, if issuances or sales
(regardless of the issuance or sale price per share) by the Company of its capital stock
prior to the Closing would result in the Purchaser acquiring less than 40% of the capital
stock of the Company at the Closing on an as-converted and fully-diluted basis, assuming
the issuance and sale at the Closing of 175&nbsp;million shares of Common Stock to the
Purchaser at a $1.20 per share, and taking into
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">account all issuances and sales of the Company&#146;s capital stock, including the issuances
and sales pursuant to the Rights Offering and the Subsequent Offering, prior to the
Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;8. </B><U>Extension of Outside Date</U>. The last paragraph of Section&nbsp;7.1(h) of the
Purchase Agreement is hereby amended and restated in its entirety as follows:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&#147;For the purposes of this Agreement, the term &#147;Outside Date&#148; shall mean December&nbsp;31, 2010
or such later date as may be agreed upon by the Parties in writing.&#148; <U></U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;9. </B><U>Deletion of Section&nbsp;7.2 of the Purchase Agreement</U>. Section&nbsp;7.2 of the
Purchase Agreement is hereby deleted in its entirety.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;10. </B><U>Notice of any Issuance of Capital Stock, Convertible Securities and
Acquisition Proposal</U>. The Company hereby covenants and agrees to provide the Purchaser with
written notice (i)&nbsp;at least fourteen (14)&nbsp;days prior to the issuance of any capital stock or any
other securities convertible into capital stock of the Company or (ii)&nbsp;upon receipt of any
Acquisition Proposal.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;11. </B><U>Waiver and Release</U>. Purchaser hereby prospectively irrevocably and
unconditionally releases the Company from and waives any and all Losses that the Purchaser and/or
any of its affiliates may suffer and/or incur after the date of this Amendment, as a result of any
and all breaches of <U>Section&nbsp;3.3(g)</U> or <U>(n)</U> of the Purchase Agreement that may arise
as a result of the issuance of any shares of capital stock of the Company following the date of
this Amendment; <U>provided</U>, that such release and waiver shall not act as or be deemed to be
a release or waiver with respect to any and all Losses that the Purchaser and/or any of its
affiliates may have suffered and/or incurred prior to the date of this Amendment as a result of any
and all breaches of <U>Section&nbsp;3.3(g)</U> or <U>(n)</U> of the Purchase Agreement. The Company
hereby prospectively irrevocably and unconditionally releases the Purchaser from and waives any and
all Losses that the Company and/or any of its affiliates may suffer and/or incur on or after
November&nbsp;15, 2010 as a result of any and all breaches of <U>Section&nbsp;3.4(e)</U> of the Purchase
Agreement; <U>provided</U>, that such release and waiver shall not act as, or be deemed to be a
release or waiver with respect to any and all Losses that the Company and/or any of its affiliates
may have suffered and/or incurred prior to November&nbsp;15, 2010, as a result of any and all breaches
of <U>Section&nbsp;3.4(e)</U> of the Purchase Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Article&nbsp;12. </B><U>Miscellaneous</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Capitalized terms used but not defined in this Amendment have the meanings set forth in the
Purchase Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The Company represents and warrants to the Purchaser and the Purchaser represents and
warrants to the Company that (i)&nbsp;it has the power and authority to execute and deliver this
Amendment; and (ii)&nbsp;the execution, delivery and performance by such party of this Amendment has
been duly and validly authorized by all necessary action on the part of such party, and no other
proceedings other than those previously taken or conducted on the part of such party are necessary
to approve and authorize this Amendment.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. This Amendment may be executed in one or more counterparts, each of which shall be deemed
to be an original but all of which together shall constitute one and the same instrument. If the
Company and the Purchaser so elect, this Amendment shall be deemed to be executed at such time as
all parties exchange duly executed signature pages via facsimile or other electronic transmission,
provided that each party shall thereafter mail to the other party an original of this Amendment
bearing such party&#146;s signature.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware applicable to contracts made and to be performed entirely within such State.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Except as expressly amended hereby, the Purchase Agreement is in all respects ratified and
confirmed and all of the terms, conditions, representations, warranties, covenants and provisions
thereof shall remain in full force and effect in accordance with their respective terms. This
Amendment is limited precisely as written and shall not be deemed to be an amendment to any other
term or condition of the Purchase Agreement or any of the schedules, agreements or other documents
referred to therein or, except as set forth herein, otherwise affect or operate as a waiver or
relinquishment of any of the rights of any party under and of them. All terms and provisions of the
Purchase Agreement, not specifically amended by this Amendment, shall apply to this Amendment and
shall continue without modification and remain in full force and effect according to their terms.
Except as expressly amended hereby, this Amendment does not constitute a waiver, amendment or
modification of any condition or other provision of the Purchase Agreement. Nothing herein shall
affect, modify or limit any waiver or consent granted by any party pursuant to the Purchase
Agreement. Any such waiver or consent, if any, granted prior to the date hereof remains in full
force and effect.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&#091;<I>Signatures on the Following Page</I>&#093;
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first
written above.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>WOORI FINANCE HOLDINGS CO. LTD<BR></B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/
Pal-Seung Lee
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Pal-Seung Lee&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chairman and Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;<BR>
&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>HANMI FINANCIAL CORPORATION<BR></B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/
Joseph K. Rho
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Joseph K. Rho&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chairman of the Board&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


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<DESCRIPTION>EX-99.1
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="center" style="font-size: 14pt; margin-top: 18pt">HANMI FINANCIAL CORPORATION LOGO
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">HANMI FINANCIAL CORPORATION ENTERS INTO AMENDMENT NO. 2 TO THE SECURITIES<BR>
PURCHASE AGREEMENT WITH WOORI FINANCE HOLDINGS</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>FOR IMMEDIATE RELEASE</B><BR>
November&nbsp;30, 2010</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">(Los Angeles, California &#151; HAFC NASDAQ Global Market) Hanmi Financial Corporation (the
&#147;<U>Company</U>&#148;), the holding company for Hanmi Bank, announced today that it entered into
Amendment No.&nbsp;2 (&#147;<U>Amendment No.&nbsp;2</U>&#148;) to the Securities Purchase Agreement, dated May&nbsp;25,
2010, by and between the Company and Woori Finance Holdings Co. Ltd. (&#147;<U>Woori</U>&#148;), as
previously amended by Amendment No.&nbsp;1 (&#147;<U>Amendment No.&nbsp;1</U>&#148;) to Securities Purchase Agreement,
dated September&nbsp;30, 2010 (as amended, the &#147;<U>Purchase Agreement</U>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Amendment changes the Outside Date (as that term is defined in the Agreement) from November&nbsp;15,
2010 to December&nbsp;31, 2010, frees the Company from exclusivity with Woori, and eliminates the
Company&#146;s obligation to pay a termination fee. The Amendment allows the Company, if needed, to
pursue further fundraising efforts and/or alternative proposals to acquire control of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In addition, the termination provision of the Agreement is supplemented by the Amendment to allow
either party to terminate the Agreement in the event the Company sells any capital stock at a price
per share less than a $1.20, and Woori to terminate the Agreement if sales of the Company&#146;s capital
stock prior to the Closing (as that term is defined in the Agreement) would result in Woori
acquiring less than 40% of the capital stock of the Company on an as-converted and fully-diluted
basis at the Closing, assuming the sale at the Closing of 175&nbsp;million shares of common stock of the
Company to Woori at $1.20 per share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Finally, the Amendment also provides for a release of the Company by Woori from liability for any
losses that Woori may suffer on or after the date of this Amendment as a result of a breach by the
Company of the capitalization or material contracts representations in the Agreement. Woori is
released by the Company from liability for any losses that the Company may suffer on or after
November&nbsp;15, 2010 as a result of a breach by Woori of the knowledge of conditions representation in
the Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On November&nbsp;24, 2010, Woori informed the Company that on November&nbsp;22, 2010, Woori filed a request
with the Board of Governors of the Federal Reserve System (&#147;FRB&#148;) that processing of the
application Woori filed with the FRB on June&nbsp;22, 2010 be suspended to allow additional information
regarding Woori&#146;s U.S. subsidiary bank to be developed and provided to the FRB. The requested
suspension will continue until such time as the FRB staff determines that processing of the
application may continue.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Woori has informed us that it is working diligently with its subsidiary and the subsidiary&#146;s
regulators with the goal of receiving all required governmental approvals and closing its proposed
$210&nbsp;million investment in our Company,&#148; said Jay Yoo, President and Chief Executive Officer.
&#147;Woori indicated that the suspension allows it additional time to develop the requested
information and address any issues raised by the subsidiary&#146;s regulators without requiring Woori
to withdraw its application and restarting the application process from the beginning,&#148; added
President Yoo.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This press release may contain forward-looking statements within the meaning of Section&nbsp;27A of the
Securities Act of 1933, as amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as
amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Any
forward-looking statements relate to the Company&#146;s current expectations and are subject to the
limitations and qualifications set forth in this press release, as well as in the Company&#146;s other
documents filed with the U.S. Securities and Exchange Commission, including, without limitation,
that actual events and/or results may differ materially from those projected in such
forward-looking statements.
</DIV>



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