Dividends and distributions

Pursuant to the Financial Investment Service and Capital Market Act (FSCMA) and in accordance with the Articles of Incorporation, MKIF is permitted to declare and pay cash or stock distributions to its shareholders in the form of dividends and/or over-distributions of profits.

MKIF intends to declare and make distributions to its shareholders on a semi-annual basis, subject to the MKIF Board of Directors approval. As an investment company under FSCMA, MKIF is entitled to deduct from its taxable income the amount of dividends/distributions declared in respect of a financial year, provided that the amount of such dividend/distribution is equal to 90% or more of MKIF's distributable income for such year.

The table below shows the history of distributions paid by MKIF to its shareholders since its establishment in December 2002.

Record date for distribution	Date paid	Distribution per share (KRW)
30 June 2003	5 December 2003	187.5
31 December 2003	19 March 2004	85.5
30 June 2004	13 September 2004	212.7
31 December 2004	31 March 2005	127.1
30 June 2005	30 September 2005	271.4
31 December 2005	3 March 2006	223.1
30 June 2006	29 September 2006	200.0
31 December 2006	28 February 2007	220.0
30 June 2007	17 August 2007	220.0
31 December 2007	29 February 2008	220.0
30 June 2008	21 August 2008	230.0
31 December 2008	26 February 2009	352.0*
30 June 2009	14 August 2009	230.0
31 December 2009	25 February 2010	160.0