Hankuk Paper Mfg. (002300)   STOCK Address 9TH FL.,SONGNAM BLDG.,1358-6,SEOCHO 2-DONG, SEOUL Home Page www.hiper.com Established 1958. 2.25 Tel 02-3475-7200 Listed 1971. 6.23 IR 02-3475-7282 Common shares O/S 5,004,949 President Dan,Jae Wan/Jeon,Won Jung Preferred shares O/S No.of Employees 503(2009. 9) Year-on-year sales rose, due to product price hike and stable order receipt. Operating and net profits grew, owing to decline of cost to sale ratio and relief in selling and administrative expenses burden. As internal earned surplus expanse, equity capital ratio rose, and debt ratio fell, and thus smooth financial structure continues. Biz revenue growth is forecast to continue, in view of expected increase of printing paper demand thru paper consumption expansion stemming from economic recovery. Profitability improvement is expected to continue, in view of cost to sales ratio decline trend, stemming from downward stable trend of exchange ratio. Specific difficulties are not expected in cash flows, due to positive cash flows from operating activities deriving from net profit realization, and smooth liquidity. (date: 2009.06, unit : %) Name Dan Jaewan Shinyoung Asset Mgmt First Eagle Overseas Fund Portion 18.8 12.2 7.8 (unit : %) Sales uncoated paper(Product) 60.9 Cost Raw Materials Coated Paper(product) 39.0 Labors Overhead (Unit : 100Mn.Won,Won) Year 92. 6 94. 2 95.11 ~96.12 ~97.12 Type RI BI RI CB CB Amount 50.00  7.00  50.00  0.01  0.24