Hansol Paper (004150)   STOCK Address 22ND FL.,HANSOL BLDG.,736-1,YEOKSAM 1-DONG, SEOUL Home Page www.hansolpaper.co.kr Established 1965. 1.19 Tel 02-3287-7114 Listed 1972. 5.17 IR 02-3287-6163 Common shares O/S 43,624,470 President Jo,Dong Gil/Seonu,Yeong Seok Preferred shares O/S No.of Employees 960(2008. 3) Firm's sales fell compared to last year, because of increase in exports and unit price increase. Though firm's operating profit fell, due to cost burden, deriving from raw material prices hike, such as pulp and waste paper, and increase in selling and administrative expenses, firm's net loss declined, because of decline in loss on valuation of investments using the equity method. Firm was decided to be no guilty in terms of antidumping and offset tariffs, and plans to diversify exports thru development of new markets. Firm' biz revenue growth is forecast, thanks to improvement in demand and supply state deriving from restructuring of domestic facilities for printing and stung sales prices for paper for print and strong competitiveness in the U.S. market. As strong pulp and waste paper prices are expected for a while, cost burden is expected to be unavoidable. Firm acquired Seoul Paper Distribution, and ensured adequate distribution margin thru vertical integration; firm's synergy effect is expected in the future. (date: 2007.12, unit : %) Name National Pension Corporation Hansol CSN Lee Inhui Portion 15.8 7.3 3.5 (unit : %) Sales Wood Free, Art Paper 55.8 Cost Raw Materials White Boards 29.1 Labors Special Paper 13.4 Overhead (Unit : 100Mn.Won,Won) Year ~98.12 99. 4 ~99.12 99.12 ~00.12 Type CB SD CB RI CB Amount 61.89  43.65  465.74  550.00  0.18