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Official Foreign Reserves(End of April 2005)

International Department (International Planning Team(tel : 82-2-759-5738, fax : 82-2-759-5736)) 2005.05.11 1746

 □ Korea's official foreign reserves as of the end of April 2005 registered 206.4 billion dollars, representing an increase of 0.9 billion dollars from the previous month's 205.4 billion dollars.

   o This was attributable to the increase in the U.S. dollar translation value of the part of foreign reserves made up of the yen, owing to the weakening dollar, and to the profits on the operation of the foreign currency holdings.

 *  See attached files for more details