Change in Planned Shareholding of Korea Exchange Bank
2006-11-27On November 23, 2006,Kookmin Bank received a termination notice from LSF-KEB Holdings SCA with respect to the share purchase agreements relating to the sale and purchase of shares of Korea Exchange Bank. The agreements for Kookmin Bank to acquire 457,064,387 shares, or 70.87%, of Korea Exchange Bank from LSF-KEB Holdings SCA and the Export-Import Bank of Korea have been terminated, and Kookmin Bank no longer expects to acquire any shares of Korea Exchange Bank pursuant to these agreements.