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Finan www.f

Pre

July

This sessi polic Ther I. P II. P III. P IV. S V. A Relev FSS, for y The s

Priv

1. C T ( c A

cial Services fsc.go.kr

ess Relea

15, 2009

is a summa on of the N cies.

re are five k Plans to fina Privatization Progress on Strengthene Amendment

vant announ or the MO your referen second topi

atization of

Current sta The privatiz (KPBC) are companies a A. Related p

The Nati

s Commission

ase

K

AREPO

ary of the re National Ass

key topics on ance green g n of Korea D n corporate r

ed risk mana ts to the me ncements or SF (Ministr ce.

ic which has

f Korea De

ate

zation of KD e well under

and conduct policies ional Assem

n

K

EY

F

INA

ORT TO THE

eport submit embly on th

n the report growth rela Developme restructuring agement on edical insura r press relea ry of Strateg

s not been d

evelopment

DB and the rway. This i t policy lend

mbly has agr

1

ANCIAL

P

O

E NATIONAL

tted to the N he most curr

:

ated industri ent Bank

g (FSS – Ju mortgage l ance busine ases have re gy and Fina

dealt with pr

t Bank (KD

establishme s to resolve ding more e

reed to have

OLICY

I

S

L POLICY C

National Pol rent and pre

ies (MOSF/

uly 15) loans (FSS – ess (FSC – J

ecently been ance). They

reviously is

DB)

ent of Korea e market con effectively.

e the KPBC SUES

COMMITTEE

licy Commi essing key i

/FSC – July

– July 6) July 1)

n released th are availabl

s covered he

a Public Ba nflict with p

C Act establi

E

ittee at a sp issues in fin

6)

hrough the F le on our w

erein;

anking Corp private finan

ished (Marc

ecial nancial

FSC, website

poration ncial

ch 3,

(2)

Finan www.f

B

C

2. F F c O T s c T

cial Services fsc.go.kr

2009) an and decr B. KDB spi A comm from the Holding Due dilig March 1 projected assets of 17.1trn a Assets w smoothly C. Exemptio The gove privatiza include S shares, a from the A revisio the Natio National Future plan Follow-up m carried out s October 200 The full-fled hares, will b conditions.

These plans

s Commission

nd the KDB rees were en in-off plan mittee of mem

e private sec Company, gence has b 6 to April 3 d financial s f KRW 172.

and a BIS ra will be alloc

y and KPBC on of tax res ernment is c ation proces

Securities T and Registra e creation of on to the Re onal Assemb l Assembly’

ns

measures suc so that the K 09.

dged privati be conducte

are subject

n

Act amend nforced on J

mbers from ctor are disc KPBC, and been conduc 30 and May statement as .2trn, liabili atio of 13.1%

ated in a rea C can condu sulting from considering ss. The relev Transaction

ation Tax an f KDB Hold estriction of

bly on May

’s Strategy &

ch as the rev KDB Holdin

ization proc ed in a flexi

to change i

2

ded (April 2 June 1, 2009

m the FSC, M cussing way d the remain cted by an a 22 to June s of end-Au ities of KRW

% as of end asonable ma uct public le m privatizati g measures t vant tax amo

Tax of KRW nd Special R

ding Compa f Tax Reduc y 29, 2009 a

& Finance C

vision of K ng Company

cess, such as ible manner

if the passag

9, 2009). C 9.

MOSF, MKE ys to break u ning KDB.

accounting f 5. The spin ugust 2009.

W 155.0trn, d-August.

anner so tha ending effec

ion

to exempt ta ount would W 100bn fro Rural Devel

any.

ction and Ex and is curren Committee.

KDB’s article y and KPBC

s the sale of r in consider

ge of the rel

onsequently

E, KDB and up the curre

firm on two n-off will be KDB is for shareholde

at KDB can ctively.

ax incurred d total KRW om the issua

opment Tax

xemption Ac ntly being d

e of incorpo C can be est

f KDB Hold ration of fut

levant tax la

y, relevant l

d profession ent KDB int

accounts, f based on th recast to hav ers’ equity o

n be privatiz

through the W 180bn and

ance of KDB x of KRW 1

ct was subm deliberated b

oration will tablished in

ding Compa ture market

aw is delaye

laws

nals to KDB

from he ve

f KRW

zed

e KDB d would

B 2.6bn

mitted to by the

be n

any t

ed.

(3)

Finan www.f

Lee, J Forei Forei Finan Tel: + Fax:

E-ma

cial Services fsc.go.kr

J. Ernst ign Press Spo ign Press & R ncial Service +82-2-2156- +82-2-3145- ail: happyher

s Commission

okesperson Relations Of es Commissio

9582 -5808 [email protected]

n

ffice on

3

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