[Form No. 22] (2012.10.5. 개정)

Notification of [ ]Transfer [ ]Reduction of Stock or Shares

□ Please fill out this report with reference the tips on the back and Mark a □  in a applicable item in [ ]

(Page 1)

Number of Receipt

Date of Receipt

Date of Completion

Term of Completion

Immediate

Foreign-

Invested Enterprise

① Name

Korean

④ Capital

Before Transfer or Reduction:

English

After Transfer or Reduction:

② Business

Registration No.

③ Address

(Telephone:                 )

⑤ Transferrer

(Reducer)

⑥ Nationality

⑦ Transferee

(if transferee is a foreign national)

⑧ Nationality

Details of Stock

(Shares) to be

Transferred(Reduced)

⑨ Quantity

⑩ Par Value per

Stock (Share)

⑪ Total Par Value

of Stock (Shares)

⑫ Transfer or

Reduction Price

per Stock (Share)

⑬ Total Amount

Transferred

or Reduced

⑭ Quantity, Value and Percentage of Stock (Shares) held by Foreign Investor after Transfer or Reduction

Shares

Won (USD                         )

%

⑮ Other

In accordance with the Regulations stipulated in Article 23, Paragraph 1, of the Foreign Investment Promotion Act, the above notification is made.

Year         Month         Day장

Applicant

(Signature or Seal)

(or Power of Attorney)

(Telephone :                    )

For the Delegated Authority

For the Applicant

Notification No.:

The above notification is confirmed.

Year         Month         Day장

Delegated Authority	Seal

Required Documents

(Copies acceptable unless otherwise stated.)

1. Proof of the transfer or reduction of stock (shares).

2. Proof of the lender□s nationality (unless the transferee is a foreign investor in a foreign-invested enterprise as defined in Article 2, Paragraph 1, Item 5, of the Foreign Investment Promotion Act).

Processing Fee

Exempt

210mm□297mm[White Paper 80g/□]

(Page 2)

Notice

This notification does not confirm the arrival of the investment. When any authorization, permission or notification is required by another law, the applicant must meet the requirements prescribed under that law.

Instructions

① Please write, in both Korean and Roman characters (English where applicable), the name of the company issuing the stocks (or shares) that will be transferred or reduced.

②∼③ Please write the registration number and address of the headquarters of the company named in section ①.

④ The amount of paid-in capital, before and after the transfer or reduction, must be written in Korean won.

⑤∼⑥ Please state the nationality of the foreign party (either a natural or legal person) that will transfer or reduce stocks (or shares). His or her name must appear in Roman characters (English where applicable). If there are multiple foreign investors, please specify the appropriate information for each investor.

⑦∼⑧ Not applicable to a domestic transferee (either a natural or legal person) of stocks (or shares). In the event that a foreign party (either a natural or legal person) is the transferee of the stocks (or shares), please specify the nationality of the foreign party. Names must appear in Roman characters (English where applicable). If there are multiple foreign transferees, please provide the information for each.

⑨∼⑬ The applicant must disclose the content of the stocks (or shares) that will be transferred or reduced by the foreign party in section ⑤.

⑭ Applicants are obligated to disclose the quantity and value of all stocks (or shares) owned by the foreign party specified in sections ⑤ and ⑦ after the current transfer or reduction. For transfers, please express as a percentage the value of all stocks (or shares) owned by the foreign party specified in sections ⑤ and ⑦ relative to the total value of all stocks (or shares) issued by the company specified in section ①. For reductions, please express as a percentage the value of all stocks (or shares) owned by the foreign party specified in section ⑤ relative to the total value of all stocks (or shares) issued by the company specified in section ①.

⑮ If there are any other important matters relevant to the stock (or share) transfer or reduction, the applicant is obligated to disclose that information here.

Examples:

Payment by means of installments

Ex-post settling up after lump-sum payment

* A UCP is the direct investor at the top of the ownership chain, i.e. not controlled by any other entity.

Procedure

	Notification			□		Acceptance		□	Review and Confirmation		□	Issuance of Certification		□	Receipt
	Applicant					Delegated Authority			Delegated Authority			Delegated Authority			Applicant