Form 6-K

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wq0wCXbFJ1EGxKXplTdUm/sce9kN5Ne0XIXuAxmCYGN8rLaKz07dSlvRlFdDlzhN XJX5YsqOg30ttS1q3k6cYg== 0001193125-04-127515.txt : 20040730 0001193125-04-127515.hdr.sgml : 20040730 20040729205020 ACCESSION NUMBER: 0001193125-04-127515 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040729 FILED AS OF DATE: 20040730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KT CORP CENTRAL INDEX KEY: 0000892450 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14926 FILM NUMBER: 04940383 BUSINESS ADDRESS: STREET 1: 206 JUNG TA DONG BUNN DONG GU CITY: SUNGNAM CITY KOREA STATE: M5 ZIP: 463711 BUSINESS PHONE: 82317270932 MAIL ADDRESS: STREET 1: 206 JUNG JA DONG BUNN DONG GU CITY: SUNGNAM CITY KOREA STATE: M5 ZIP: 463711 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM CORP DATE OF NAME CHANGE: 19971006 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM DATE OF NAME CHANGE: 19950130 6-K 1 d6k.htm FORM 6-K Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

RULE 13a-16 OR 15d-16 UNDER THE SECURITIES

EXCHANGE ACT OF 1934

For the month of July 2004

KT Corporation

206 Jungja-dong

Bundang-gu, Sungnam

Kyunggi-do

463-711

Korea

(Address of principal executive offices)

(indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F ¨

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes ¨ No x

This Current Report on Form 6-K is being filed to incorporate by reference into Registration Statement No. 333-100251 on Form F-3, effective December 27, 2002, relating to $1,210,050,000 0.25% Convertible Notes Due 2007, $500,000,000 4.30% Bonds Due 2005 and Warrants to Purchase 9,270,200 Common Shares.

Adjustment of Exchange Price


1. Details of adjustment	Series No. of bond	Type of bond	Exchange price before adjustment (KRW)	Exchange price after adjustment (KRW)
1. Details of adjustment	6	Exchangeable Bonds	60,588	58,963

2. Formula for adjusting exchange price	P X (M-sp)/M P: exchange price before adjustment M: average 10 day market closing price per common share prior to the date of special dividend announcement (July, 29) (37,285KRW) sp : amount of special dividend payable per common share (1,000KRW)

3. Method of adjustment	Exchange price after adjustment = P X (M-sp)/M

4. Reasons for adjustment	Adjustment according to EB covenant (Adjustment shall be made under every dividend payment once the cumulative amount for the year exceeds the 20% annual dividend growth rate starting from the basis year)

5. Effective date of adjusted price	July 1, 2004

6. Date of board resolution	July 29, 2004

- attendance of outside directors	present(no.)	6	absent(no.)	2

- attendance of audit committee member	present

7. Scheduled announcement date of the adjusted exchange price	July 29, 2004

8. Others	1. The adjustment applies to overseas Exchangeable Bonds 2. The adjustment is retroactively effective as of July 1, 2004 3. Date of related disclosure: February 5, 2004

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: July 29, 2004


KT Corporation

By:		/s/ Wha Joon Cho
Name:		Wha Joon Cho
Title:		Managing Director

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