EXHIBIT 99.5
[English Translation]
July 4, 2004
Hanaro Telecom, Inc.
Lease of Real Estate from Shareholder
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1. Name (Name of Lesser) Dacom Corporation
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- Relationship with the Company Shareholder
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2. Details of Lease
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a. Date of Lease July 4, 2003
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b. Real Estate subject to Lease Building
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c. Location 0000-0, -0 Xxxxxxxx-xxxx,
Xxxx-xx, Xxxxx-xxx, Xxxxx
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d. Specifics of Lease Period of Lease July 1, 2003 - June 30, 2004
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Deposit (KRW) 1,000,076,000
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Rent (KRW) 5,575,970
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3. Purpose of Lease Facilities
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4. Date of Decision (Resolution Date of Board of July 4, 2003
Directors)
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- Presence of Outside Director(s) -
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- Presence of Auditor(s) -
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5. Applicability of Fair Trade Act No
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- The rent is a monthly maintenance fee.
- The date of decision is the date of the
contract signed.
6. Others - The lease contract shall be deemed to be
automatically renewed for a year under the
same terms and conditions unless there is a
notice of termination at least 6 months prior
to the expiration of the contract.
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