On April 30, 2004, Kookmin Bank announced that it established a new subsidiary, KB Life Co., Ltd. to engage in insurance business. The establishment details are as follows:
Number of shares issued: 6,000,000 shares
Par value: KRW 5,000
Paid-in capital: KRW 30 billion
Date of incorporation: April 29, 2004
Kookmin Bank ownership: 100%