FOR THE FIRST TIME THIS YEAR, THE KOREA PENSION FUND WAS TRANSFORMED INTO A KOSPI NET BUY-IN. TAXI

ON 26 JULY, THE KOREAN EXCHANGE DATA SHOWED THAT PENSION FUNDS, INCLUDING THE NATIONAL PENSION ASSOCIATION (NPS), WHICH IS ONE OF THE LARGEST INSTITUTIONAL INVESTORS IN THE KOREAN STOCK MARKET, WERE FIRST CONVERTED INTO NET PURCHASES IN THE KOREAN STOCK MARKET THIS MONTH. KOREA EXCHANGE DATA SHOW THAT, AS OF 24 JULY, THE NATIONAL PENSION ASSOCIATION AND OTHER PENSION FUNDS HAVE ACCUMULATED A NET PURCHASE OF 68.4 BILLION WON (APPROXIMATELY $46.8 MILLION) OF THE KOREAN KOSPI INDEX COMPONENT UNIT SINCE JULY THIS YEAR. THIS WAS THE FIRST TIME IN THE YEAR THAT A SINGLE-MONTH NET BUY-IN OF A PENSION FUND WAS ACHIEVED AFTER SIX MONTHS OF NET SALES. IN TERMS OF SPECIFIC SHARES, SK HERCULES WAS THE LARGEST PURCHASE SINCE JULY OF THE PENSION FUND, WITH A NET PURCHASE OF 42,58.8 BILLION WON。