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01/29/2004

Company Name : Daewoo International Corporation CEO : Lee Tae-Yong Address : 541 5-Ga Namdaemunno, Chung Gu, Seoul,   --------- Korea C.P.O Box 2810 Phone : +82+2-759-2114 / Fax : +82+2-753-9489 Company Chronology

Mar. 22, 1967 -: Established as Daewoo Industrial Co., Ltd   Jan. --1, 1982 : Merged with Daewoo Development Co., Ltd;     --changed name to Daewoo Corporation   ---------1998 : Ranked first in Korea in exports and trade surplus   Dec. -27, 2000 : Daewoo International Corporation established as a result of spin-off plan   of Daewoo Corporation   Mar. -23, 2001 : Re-listed Stocks on the Korean Stock Exchange Number of Staff : approx. 2,242 Major Business Areas : International Trading, Overseas Resources Development,     Domestic and Overseas Investment Business, Overseas Projects, etc. Organization : 10 Division, 54 teams     Managements ¡é Sales Divisions¡é   Corporate Restructuring Finance International Finance and Overseas Management Office of Auditing Office of Legal Affairs   Steel Metal Chemical Automotive and Component Machinery and Plant Media and Electronics Textiles Commodity and Energy Special Business Team Overseas Network : Subsidiaries : 53   Branch Offices : 47   A locomotive for national economic development since its founding in 1967 as Daewoo Insdustrial Co., Ltd., today's "Daewoo International Corporation" is the new vanguard of Korean trade. The company played a leading role in overcoming economic crisis in 1998 by achieving top results in export and trading surplus. Throughout its long history, the company also played a major role as a vanguard in nongovernmental diplomacy. The company's dynamic trade policies led to the establishment of diplomatic ties with 13 nations as well as to the expansion of export markets by setting up Korea's first trade branch offices in 37 countries. Daewoo Corporation was reorganized into three new companies in order to normalize all operations: Daewoo International Corporation in trade, Daewoo Engineering & Construction Co., Ltd. in construction, and Daewoo Corporation in others. Having normalized operations, Daewoo International is leaping into the new millenium with more than three decades of international marketing expertise, international trading manpower, high quality products, and all-inclusive domestic and international sales networks. With such reliable qualifications, the company looks forward to positioning itself as a truly global leader in world trade.