Dong Kuk Steel Mill (001230)   STOCK Address UNION STEEL BLDG., 890, DAECHI 4-DONG, SEOUL Home Page www.dongkuk.co.kr Established 1954. 7. 7 Tel 02-317-1114 Listed 1988. 4. 9 IR 02-317-1177 Common shares O/S 61,824,290 President Jang,Se Ju/Kim,Yeong Cheol Preferred shares O/S No.of Employees 1,784(2008. 3) Sales increased over the preceding year with increased sales of thick plates to shipyards that enjoy continued active business and with sharp increase of rebar sales as Chinese imports decreased. Operating income increased over the preceding year as sales and admin expenses decreased with increased sales while cost ratio declined with stable supply of material slab under strategic alliance with JFE. Solid financial structure with rich liquidity based on plus operating cash flow thanks to increased net profit and trade payables. Sales will grow further with long continuing active business of shipbuilding and other downstream industries while Chinese imports of round bars and thick plates decrease. Cost push from higher material prices is attributed to product prices. Profit will increase with productivity enhanced by newly extended production facilities. Performance will improve with new thick plate mill and integrated mill constructed in Brazil though poor performance of subsidiary CR producer Union Steel will continue. (date: 2007.12, unit : %) Name Jang Seju JFE STEEL Corp. Jang Seuk Portion 15.2 14.8 10.2 (unit : %) Sales Thick Plate 52.1 Cost Raw Materials 79.9 Steel Bar 47.1 Labors 2.5 Overhead 17.5 (Unit : 100Mn.Won,Won) Year 99.11 00. 4    -    -    - Type RI SD -  -  -  Amount 140.00  183.05  -  -  -