Daewoo Engineering & Constr. Co.,Ltd. (047040)   STOCK Address 57, SINMUNNO 1-GA, JONGNO-GU, SEOUL Home Page www.dwconst.co.kr Established 2000.12.27 Tel 02-2288-3114 Listed 2001. 3.23 IR 02-2288-5958 Common shares O/S 325,718,836 President Park,Sam Gu/Seo,Jong Uk Preferred shares O/S No.of Employees 4,767(2009. 9) Amid reduction in housing business income, due to shrinkage in the APT sales market, year-on-year sales rose, because of increase in income abroad and public works. Operating profit ratio fell, because of construction margin decrease stemming from fierce competition in the public sector, private housing construction cost rise, cost settlement of low price orders abroad, and service expense increase including turnkey orders. Net profit ratio rose, owing to gain on equity stemming from capital reduction without consideration on treasury stocks of Korea Express, and gain on derivatives trading arising from extinction of put option burden on the capital reduction stocks of Korea Express. Although sales growth is forecast, due to increase of early stage carrying out public sector construction order received in the first half, sales growth is likely to be decided depending on M&A results. Profitability is projected to improve, because of liquidation of nonperforming construction sites abroad, sales increase in sites abroad with good profitability, and reduction in housing-related expenses. Borrowings increase is expected limited, in view of forecast securing of liquidity through land sales amid sales of inventories, and trade receivables. (date: 2009.06, unit : %) Name Kumho Industrial Mirae Asset Samo No.3 Invst Panji Adeca Portion 18.6 6.8 5.6 (unit : %) Sales Plant 32.1 Cost Raw Materials Civil Eng.Contracted Constr. 29.8 Labors House 21.6 Overhead (Unit : 100Mn.Won,Won) Year 03. 9 ~03.12 04. 1 ~04.12 07.12 Type RI CB RI CB CR Amount 3.41  8,239.59  12.45  406.77  - 678.58