Press Release July 29, 2002

Daum records revenue of 91.1 billion won for 1H 2002

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color:#333333“>Daum Communication 9.0pt;color:#333333“>(www.daum.net)
estimated revenue of 91.1 billion won, up 194
compared to the same period of
last year, and operating profit of 4.2 billion won.



EBITDA marked 11.1 billion won, 1.6 increase compared to 1H 2001 and EPS was
314 won. It concludes improved cash flow.


"Times New Roman";mso-bidi-font-family:"Times New Roman";color:#333333;
mso-font-kerning:1.0pt;mso-ansi-language:EN-US;mso-fareast-language:KO;
mso-bidi-language:AR-SA“>In detail, Internet advertising recorded 15.2 billion
won, up 95
ompared to 1H 2001, Internet shopping marked 66.9 billion won,
177
ompared to 1H 2001 and Transaction service did 9 billion won contributed
by strengthened users"Times New Roman";mso-ascii-font-family:바탕;mso-fareast-font-family:바탕;
color:#333333;mso-font-kerning:1.0pt;mso-ansi-language:EN-US;mso-fareast-language:
KO;mso-bidi-language:AR-SA“>’font-family:바탕;mso-hansi-font-family:"Times New Roman";mso-bidi-font-family:
"Times New Roman";color:#333333;mso-font-kerning:1.0pt;mso-ansi-language:EN-US;
mso-fareast-language:KO;mso-bidi-language:AR-SA“> loyalty.

Profit and Loss Statement


style="FONT-SIZE: 10pt"> (Unit : million won)

style="BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; WIDTH: 436.95pt; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 4.95pt 0cm 4.95pt"
width=583>
























































style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: windowtext 0.5pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt"
vAlign=top width=199 height="21">

Description

 style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt"
width=120 height="21">

lang=EN-US style="font-family:돋움; font-size:10pt;">1H
2002

 style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt"
width=132 height="21">

lang=EN-US style="font-family:돋움; font-size:10pt;">1H
2001

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: double windowtext 1.5pt"
vAlign=top width=199>

Revenues

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: double windowtext 1.5pt"
width=120>

91,186

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: double windowtext 1.5pt"
width=132>

34,490

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199>

lang=EN-US style="mso-spacerun: yes"> Internet
Advertising

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120>

15,234

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132>

7,829

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199 height="17">

Internet
Shopping

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120 height="17">

66,912

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132 height="17">

24,158

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199>

lang=EN-US style="mso-spacerun: yes"> Transactions

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120>

9,040

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132>

lang=EN-US style="font-family:돋움;">-

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199>

style="TEXT-INDENT: 40.05pt; mso-char-indent-count: 4.0; mso-char-indent-size: 10.0pt" align="center">Miscellaneous

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120>

lang=EN-US style="font-family:돋움;">-

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132>

2,503

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: double windowtext 1.5pt"
vAlign=top width=199>

style="font-family:돋움;">C O
G S

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: double windowtext 1.5pt"
width=120>

77,988

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; HEIGHT: 9pt; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: double windowtext 1.5pt"
width=132>

30,669

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199 height="19">

style="font-family:돋움;">Gross
Profit

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120 height="19">

13,198

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132 height="19">

3,821

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199 height="13">

style="font-family:돋움;">SG &
A

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120 height="13">

8,958

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132 height="13">

3,367

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199>

Operating Profit

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120>

4,240

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132>

454

style="BACKGROUND: #ccffff; BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-RIGHT: windowtext 1.5pt double; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 148.95pt; mso-border-top-alt: solid windowtext .5pt"
vAlign=top width=199>

EBITDA


 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 90pt; mso-border-left-alt: double windowtext 1.5pt; mso-border-top-alt: solid windowtext .5pt"
width=120>

lang=EN-US style=“font-family:바탕; color:rgb(51,51,51); mso-hansi-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";mso-font-kerning:1.0pt;
mso-ansi-language:EN-US;mso-fareast-language:KO;mso-bidi-language:AR-SA“>11,085

 style="BORDER-BOTTOM: windowtext 0.5pt solid; BORDER-LEFT: medium none; BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 4.95pt; PADDING-RIGHT: 4.95pt; PADDING-TOP: 0cm; WIDTH: 99pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt"
width=132>

lang=EN-US style=“font-family:바탕; color:rgb(51,51,51); mso-hansi-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";mso-font-kerning:1.0pt;
mso-ansi-language:EN-US;mso-fareast-language:KO;mso-bidi-language:AR-SA“>5,527
lang=EN-US style=“font-size:9.0pt;font-family:바탕;mso-hansi-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";color:#333333;mso-font-kerning:1.0pt;
mso-ansi-language:EN-US;mso-fareast-language:KO;mso-bidi-language:AR-SA“> (The above figures are estimation of Daum and may be chaged after audit)


Helvetica;mso-fareast-font-family:바탕;color:#333333;mso-font-kerning:1.0pt;
mso-ansi-language:EN-US;mso-fareast-language:KO;mso-bidi-language:AR-SA“>In
addition, it expects to achieve continuous revenues increase in future due to various
product in online shopping, more convenient , various payment systems and
positive market status.




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