On June 2, 2003, Kookmin Bank released the following additional information relating to the contemplated merger with Kookmin Credit Card, which was announced on May 30, 2003.

1. Expected date of approval of Kookmin Bank’s board of directors with respect to the merger with Kookmin Credit Card: August 18, 2003

(a) Pursuant to Article 527-3 of the Korean Commercial Code relating to small-scale mergers, the approval of the merger may be obtained by the board of directors of Kookmin Bank instead of through a meeting of its shareholders.

(b) The expected date of approval of Kookmin Bank’s board of directors is dependent upon receiving regulatory approval and may be subject to change. In the event such event occurs, Kookmin Bank will release additional information at that time.

2. Record date of shareholders: June 17, 2003

(a) Pursuant to Article 527-3 of the Korean Commercial Code, if shareholders who hold an aggregate amount of more than 20% of the total number of issued and outstanding shares of Kookmin Bank dissent to the merger with Kookmin Credit Card, a meeting of Kookmin Bank’s shareholders must be held for approval of the merger. Shareholders of Kookmin Bank as of the record date will be able to exercise their dissent with respect to the merger. Shareholders of Kookmin Bank who oppose the merger must notify Kookmin Bank its objection in writing within two weeks from the record date.

(b) On June 2, 2003, advertisements relating to the record date were published in the Dong A Ilbo and Korean Daily News, two major Korean newspapers.