77KM Ab Inbev 23

RNS No 8143f
HOUSING & COMMERCIAL BANK
7th January 1999


Letter To Company Announcements Office

This letter is in regards to the selection of the Representative Shareholder of
Housing & Commercial Bank, Korea (the "Bank") for the appointment of the
non-standing director of the Bank.

Pursuant to the Bank Act of Korea, the shareholders (including the holders of
DR) may become the Representative Shareholder who has the right to recommend a
non-standing director candidate if the shareholder meets the standards set by
the supervisory authority and the bank in the order of highest shareholding as
of December 31, 1998.

The shareholding ratio per shareholder will be calculated under the identical
person rule by adding the shares held by the shareholder and the share held by
those shareholders who are in a special relationship with such shareholder as
defined by the Bank Act.  However, according to the enforcement decree pursuant
to the Bank Act as of January 7, 1999, certain institutional investors
(including, without limitation, those engaged in the banking business or
investment advisor business as provided in the Securities Exchange Act, and
those engaged in insurance business, as provided in the Insurance Act, or in the
case of a foreigner, those who correspond to any of the above.  For more
details, please contact us) are restricted from serving as Representative
Shareholder.

Those shareholders who are interested in becoming a Representative Shareholder
should report the number of their shares under the above identical person rule
to the Bank by January 18, 1999 (New York Time) throught Bank of New York.

For more information on identical person rule, please refer to the announcement
published in major newspapers in Korea on January 7 & 8, 1999.  If you have any
questions regarding this matter, please feel free to contact us through Bank of
New York.

From Bang Yul Kim
     General Manager
     Housing & Commercial Bank

END

BOAAILLRLRIDIAA

Ab Inbev 23 (LSE:77KM)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Ab Inbev 23 (LSE:77KM)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024