These materials contain certain statements that are neither reported financial results nor other historical information. These statements are forward-looking statements within the meaning of the safe-harbor provisions of the U.S. federal securities laws. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond H&CB and/or Kookmin Bank's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in H&CB's reports filed with the Securities and Exchange Commission (the "Commission"). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release.

Investors and security holders are advised to read any prospectus required to be filed with the Commission regarding the potential business combination transaction between H&CB and Kookmin Bank. If required, a prospectus will be filed with the Commission either by H&CB, Kookmin Bank or a newly formed corporation. Security holders may obtain a free copy of such prospectus (if required and when available) and other related documents filed by H&CB, Kookmin Bank and/or such newly formed corporation at the Commission's public reference room located at 450 Fifth Street, N.W., Washington, D.C. 20549. Please call the Commission at 1-800-SEC-0330 for further information on the public reference room. If required and when available, the prospectus and other documents may also be obtained from H&CB by contacting H&CB, Investor Relations Team, 36-3 Yoido-dong, Youngdeungpo-ku, Seoul 150-758, Korea and from Kookmin Bank by contacting Kookmin Bank, Investor Relations, 9-1, 2-ka, Namdaemun-ro Choong-ku, Seoul 100-703, Korea.

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The following materials were released by H&CB in Korea on April 24, 2001