EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1

Report regarding change in affiliate

On July 9, 2010, Woori F&I Co., Ltd., a wholly owned subsidiary of Woori Finance Holdings Co., Ltd. (“Woori Finance Holdings”), sold 94% of its investment stake in its wholly-owned subsidiary, Woori F&I Fifteenth Asset Securitization Specialty Co., Ltd. (“Woori F&I Fifteenth”). As a result, Woori F&I Fifteenth is no longer included as a second-tier subsidiary of Woori Finance Holdings.

Key details

  •   Name of company: Woori F&I Fifteenth Asset Securitization Specialty Co., Ltd.

  •   Financial status as of June 29, 2010:

(unit: millions of KRW)

                     
Total assets (Won)
    96,425     Shareholders’ equity (Won)     10  
 
                   
Total liabilities (Won)
    96,415     Paid-in-capital (Won)     10  
 
                   

  •   Total number of subsidiaries of Woori Finance Holdings after exclusion: 50