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

Woori Finance Holdings’ Preliminary Financial Performance Figures
for the Third Quarter of 2010

The preliminary financial performance figures for Woori Finance Holdings Co., Ltd. (“Woori Finance Holdings”) for the nine-month period ended on September 30, 2010, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

                                                 
                            % Change Increase           % Change Increase
Item   3Q 2010   2Q 2010   (Decrease)   3Q 2009   (Decrease)
Revenue
  
Specified Quarter
   8,302,105   10,477,526   (20.76 )   11,033,694   (24.76 )
       
Cumulative Basis
   28,005,402   19,703,297   —   45,859,868   (38.93 )
Operating Income
  
Specified Quarter
   772,026   9,199   8,292.50   503,573   53.31
       
Cumulative Basis
   1,625,086   853,060   —   1,192,769   36.24
Income before
  
Specified Quarter
   743,993   (6,339 )   N/A *   708,506   5.01
Income Tax Expense
  
Cumulative Basis
   1,585,651   841,658   —   1,342,564   18.11
Net Income
  
Specified Quarter
   508,701   (40,574 )   N/A *   483,847   5.14
       
Cumulative Basis
   1,041,144   532,443   —   869,246   19.78

*N/A = Not applicable

The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

Woori Bank’s Preliminary Financial Performance Figures
for the Third Quarter of 2010

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Finance Holdings, for the nine-month period ended on September 30, 2010, on a non-consolidated basis, are as follows.

(Units: millions of KRW, %)

                                                 
                            % Change Increase           % Change Increase
Item   3Q 2010   2Q 2010   (Decrease)   3Q 2009   (Decrease)
Revenue
  
Specified Quarter
   6,348,556   8,010,252   (20.74 )   8,266,889   (23.21 )
       
Cumulative Basis
   21,061,276   14,796,338   —   37,871,435   (44.39 )
Operating Income
  
Specified Quarter
   550,151   985   55,752.89   371,291   48.17
       
Cumulative Basis
   1,132,187   582,036   —   758,921   49.18
Income before
  
Specified Quarter
   569,856   16,811   3,289.78   529,627   7.60
Income Tax Expense
  
Cumulative Basis
   1,152,440   582,584   —   925,143   24.57
Net Income
  
Specified Quarter
   436,591   23,174   1,783.97   411,016   6.22
       
Cumulative Basis
   919,573   482,982   —   749,793   22.64

The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.