Press Releases

Dept.	Department of Resolution	Date	08/09/2010
File	Managers for the Sale of Woori Finance Holdings Selected.doc
Subject	Managers for the Sale of Woori Finance Holdings Selected
The Korea Deposit Insurance Corporation (KDIC) conducted a process to select advisory firms to manage the sale of Woori Finance Holdings Co. (Woori) in accordance with a resolution* made by the Public Fund Oversight Committee. * Criteria to Select the Woori Sales Method and Sales Manager (July 30, 2010) In its final decision, the KDIC decided to select Samsung Securities and Daewoo Securities among domestic firms and JP Morgan among foreign candidates to manage the Woori sale. ※ The Corporation received proposals from nine Korean firms and eight foreign firms on August 23, 2010. After negotiations with the three firms, the KDIC will sign a consulting service agreement in the near future.

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