Press Release September 11, 2002

Daum management team donates stock options

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Daum Communications(www.daum.net) Management team donated a portion of first practiced stock option sto charity organizations.

Total donated stocks are about 30,000 shares and cost more than 900 million won at a present share price.

Those stocks will be donated to “Children, Future, and Daum(Next) Generation organization“ and “Jae-kyung & Daum organization.“

Daum noticed that it will share profits with employees through stock options, CB and other repayment programs, and will promote donating culture.
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