CERTIFICATE OF EMPLOYMENT

Item No	: 1999-13

Personal Data

Name in Full	: Hong, Kill Dong

ID No	: 991212-1212121

Address	: #123, Kwanchul-dong, JongRo-gu, Seoul, KOREA

Employment Data

Department	: Financial Department

Address	: #122, Bongraedong 2ga, Joong-ku, Seoul

Position	: 3rd grade technical official

Period	: Dec. 2, 1999 - At present

Usage	: for visa

This is to certify that the above fact is true

Date : Jan. 7, 1999

/S/Official Seal Affixed

Director of Korea High Speed Rail Construction Authority