Partial Disposition of Treasury Stocks
2003-12-18On December 17, 2003, the Board of Directors of Kookmin Bank has approved and ratified partial disposition of treasury stocks for the purpose of contribution to Employee Stock Ownership Plan (“ESOP”). Kookmin Bank had purchased 3,000,000 shares for the Plan in 2002. The disposition details are as follows:
1. Number of disposition: 1,000,000 shares
2. Price of disposition: The stocks will be contributed to ESOP account without consideration
3. Disposition method: After-Trading Hour transaction
(The stocks shall be transferred to the registered ESOP account)
4. Disposition period: From December 22, 2003 to December 31, 2003