Amendments to the Stock Transfer Report
2008-07-17In a meeting held on July 15, 2008, the Board of Directors of Kookmin Bank approved the filing of an amended Stock Transfer Report with the Financial Services Commission of Korea (the “FSC”), which amends the Stock Transfer Report previously filed with the FSC on April 30, 2008.
A summary of the amendments to the Stock Transfer Report is provided below:
| Item | As filed on April 30, 2008 | As amended on July 15, 2008 |
|---|---|---|
| Invalidation of the stock transfer plan | In the event of a failure to obtain approval from the FSC. |
(1) In the event of a failure to obtain approval from the FSC; or (2) in the event the number of shares of our common stock for which appraisal rights are exercised exceeds 15% of our total issued common stock. |
| Conditions precedent to stock transfer | The FSC must approve the establishment of KB Financial Group prior to the stock transfer date | (1) The FSC must approve the establishment of KB Financial Group prior to the stock transfer date: and (2) the number of shares of our common stock for which appraisal rights are exercised must not exceed 15% of our total issued common stock. |
| Representative director of KB Futures Co., Ltd. | Dong Sook Kang |
Kyu Hyung Jung |