On July 28, 2008, Kookmin Bank (the “Bank”) filed a base registration statement (the “Base Registration Statement”) with the Financial Services Commission of Korea (the “FSC”) to register up to Won 4.3 trillion of unsecured bonds of the Bank (the “Unsecured Bonds”) to be offered between the date of effectiveness of the Base Registration Statement (which is expected to be August 4, 2008) and December 31, 2008. The Bank expects to offer the following amounts of Unsecured Bonds during such period:

Specific details regarding each offering or sale to be made under the Base Registration Statement, including the price, use of proceeds and terms, will be disclosed in a supplement to the Base Registration Statement that the Bank will file with the FSC at the time of each such offering or sale. The Bank may also file a new base registration statement prior to December 31, 2008 in the event that the Bank has offered and sold all of the Won 4.3 trillion of Unsecured Bonds registered under the Base Registration Statement prior to such time.

The Unsecured Bonds will not be offered or sold in the United States. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

Forward-Looking Statement Disclaimer

The material above contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.