Change in the Largest Shareholder of Kookmin Bank
2008-02-22On February 21, 2008, On February 21, 2008, Kookmin Bank reported that its largest shareholder has changed from Euro-Pacific Growth Fund to the Korean National Pension Service. The change was based on the disclosure made by Euro-Pacific Growth Fund on February 20, 2008 detailing a reduction in its Kookmin Bank equity holdings from 18,377,910 common shares (representing a 5.46% equity stake) to 11,629,660 shares (representing a 3.46% equity stake).
Based on Kookmin Bank's shareholder registry as closed on December 31, 2007 for the annual general meeting of shareholder for the fiscal year 2007, National Pension Service is now the largest shareholder of Kookmin Bank, owning, as of December 31, 2007, 14,951,343 common shares, which represents approximately 4.44% of Kookmin Bank's issued and outstanding common shares.