SK HERCULES ADR DROPPED BY 9%, NARROWS TO ABOUT 26% OVER THE KOREAN POSITIVE PREMIUM, AND LEADS TO THE CONCEPT OF STORAGE. UNIT

ON 15 JULY, THE SK HERCULES (SKHY.US) RETURNED SIGNIFICANTLY TODAY, AT AN INITIAL DROP OF OVER 9 PER CENT, REACHING A MINIMUM OF $176.01, WHICH IS ABOUT 26 PER CENT NARROWER THAN THE KOREAN POSITIVE PREMIUM. OTHER STORAGE CONCEPTS HAVE ALSO GONE DOWN, WITH MOODY FALLING BY 5 PER CENT, HIGHER, WEST BY 3 PER CENT AND AMERICAN LIGHT BY 2 PER CENT. THE SK HERCULES UNITED STATES PRE-TRUSTED SECURITIES (ADR) WERE UP ON THE SECOND PLATE ON A TUESDAY, WITH AN INCREASE OF 27.3 PER CENT REPORTING $193.92, WHICH IS 51 PER CENT HIGHER THAN THE SEOUL SHARE PRICE (ON A SUNDAY BASIS)。