Partial Disposition of Treasury Stocks
2004-04-21On April 20, 2004, Kookmin Bank officially submitted a statement of disposition of treasury stocks to Financial Supervisory Commission with regard to the exercise of stock options, which were granted to 3 directors and 5 employees on March 24, 2001.
The actual disposition will be implemented upon each option holders’ requests for the option exercise period ended on March 24, 2007. The disposition details are as follows:
1. Number of treasury stock to be disposed: 72,376 registered common shares
2. Exercise price: KRW 25,100
3. Amount of disposition: Approximately KRW 1,816,637,600
4. Disposition method: After-Trading Hour transaction
,(The stocks will be distributed to the option holders upon their requests through the Kookmin Bank’s account of Daishin Securities Co.)
5. Disposition period: From April 26, 2004 to March 24, 2007
Kookmin Bank holds 29,958,147 shares as treasury stock, approximately 8.91% of total issued registered common stocks of the Bank as of April 20, 2004.