KOREA ' S KOSPI INDEX DROPPED BY 5 PER CENT, AND TRISTAR ELECTRONICS FELL BY 6 PER CENT

ON 8 JULY, THE DAILY DROP IN KOREA ' S KOSPI INDEX FURTHER EXPANDED TO 5.00 PER CENT, A CUMULATIVE DROP OF 20 PER CENT OVER THE HIGH POINT IN JUNE. THE KOREA EXCHANGE INITIATED A SMELTING MECHANISM FOR THE KOSPI INDEX AND THE PROCEDURAL TRANSACTION WAS SUSPENDED. THE DROP IN TRISTAR ELECTRONIC SHARE PRICE INCREASED TO 6 PER CENT。