EX-99.11 2 exhibit1.htm EX-99.11 Exhibit  EX-99.11

Issuance of Bonds in Korea

KT Corporation is planning to issue bonds in Korea to raise capital for repayment of long-term debt obligations and business operations. Details are as follows:

         
Maturity
  Amount   Interest Rate
 
        
7 years
  Won 240 billion   Five year government bond rate
as of the date immediately prior
to issuance plus 0.40%
 
        
10 years
  Won 90 billion   Five year government bond rate
as of the date immediately prior
to issuance plus 0.63%

Issuance date: June 21, 2005.

Underwriter: Woori Securities Co., Ltd.