ACCORDING TO THE NEWS, THE SK HERCULES ADR DISTRIBUTION GUIDE WAS SET AT $149, A 3.1 PER CENT PREMIUM ON KOREAN STOCK

ON 9 JULY, IT WAS REPORTED THAT SK HERCULES HAD SET THE U.S. CERTIFICATE ISSUANCE GUIDE PRICE AT US$ 149 EACH AND THAT THE GUIDE OFFER WOULD BE 3.1 PER CENT HIGHER THAN THE KOREAN CLOSING PRICE。