JOINT FILING AGREEMENT
JOINT FILING AGREEMENT (this "Agreement"), dated as of October
31, 2003, among AIF II NT, Ltd. ("AIF II"), AIG Asian Infrastructure Fund II,
L.P. ("AIG Fund II"), AIG Asian Infrastructure Management II, L.P. ("AIG Fund II
General Partner"), AIG Asian Infrastructure Management II, Ltd. ("AIG Fund II
Management"), Emerging Markets Partnership II, L.L.C. ("EMP II"), Emerging
Markets Corporation ("EMC"), GIC Infrastructure Pte Ltd. ("GICI"), AIG Asian
Opportunity Fund, L.P. ("AOF"), AIG Asian Opportunity G.P., L.L.C. ("AOF General
Partner"), AIG Global Investment Corp. (Asia) Ltd. ("AIGGIC"), American
International Assurance Company (Bermuda) Limited ("AIAB"), American
International Reinsurance Company, Ltd. ("AIRCO"), American International Group,
Inc. ("AIG, Inc."), Newbridge Asia HT, L.P. ("Newbridge Asia HT"), Newbridge
Asia HT, Ltd. ("Newbridge Asia HT General Partner"), Newbridge Asia GenPar III,
L.P. ("Newbridge GenPar III"), Newbridge Asia Advisors III, Inc. ("Newbridge
Advisors III"), Tarrant Advisors, Inc. ("Tarrant Advisors"), Xxxx G.A. III,
L.L.C. ("Xxxx G.A. III"), Xxxx Investment Partners, Inc. ("Xxxx Investment") and
Xxxxxxx X. Xxxx (together, the "Reporting Persons").
W I T N E S S E T H
WHEREAS, as of the date hereof, each of AIF II, AIG Fund II,
AIG Fund II General Partner, AIG Fund II Management, EMP II, EMC, GICI, AOF, AOF
General Partner, AIGGIC, AIAB, AIRCO, AIG, Inc., Newbridge Asia HT, Newbridge
Asia HT General Partner, Newbridge GenPar III, Newbridge Advisors III, Tarrant
Advisors, Xxxx G.A. III, Xxxx Investment and Xxxxxxx X. Xxxx is filing their
statement on Schedule 13D (the "Schedule 13D") with respect to the common stock,
par value Won 5,000 per share, of Hanaro Telecom, Inc., a chusik-hoesa organized
under the laws of Korea;
WHEREAS, each of AIF II, AIG Fund II, AIG Fund II General
Partner, AIG Fund II Management, EMP II, EMC, GICI, AOF, AOF General Partner,
AIGGIC, AIAB, AIRCO, AIG, Inc., Newbridge Asia HT, Newbridge Asia HT General
Partner, Newbridge GenPar III, Newbridge Advisors III, Tarrant Advisors, Xxxx
G.A. III, Xxxx Investment and Xxxxxxx X. Xxxx is individually eligible to file
the Schedule 13D;
WHEREAS, each of AIF II, AIG Fund II, AIG Fund II General
Partner, AIG Fund II Management, EMP II, EMC, GICI, AOF, AOF General Partner,
AIGGIC, AIAB, AIRCO, AIG, Inc., Newbridge Asia HT, Newbridge Asia HT General
Partner, Newbridge GenPar III, Newbridge Advisors III, Tarrant Advisors, Xxxx
G.A. III, Xxxx Investment and Xxxxxxx X. Xxxx wishes to file the Schedule 13D
and any future amendments thereto jointly and on behalf each of AIF II, AIG Fund
II, AIG Fund II General Partner, AIG Fund II Management, EMP II, EMC, GICI, AOF,
AOF General Partner, AIGGIC, AIAB, AIRCO, AIG, Inc., Newbridge Asia HT,
Newbridge Asia HT General Partner, Newbridge GenPar III, Newbridge Advisors III,
Tarrant Advisors, Xxxx G.A. III, Xxxx Investment and Xxxxxxx X. Xxxx, pursuant
to Rule 13d-1(k)(1) under the Securities Exchange Act of 0000 (xxx "Xxxxxxxx
Xxx");
NOW, THEREFORE, in consideration of these premises and other
good and valuable consideration, the parties hereto agree as follows:
1. AIF II, AIG Fund II, AIG Fund II General Partner, AIG Fund
II Management, EMP II, EMC, GICI, AOF, AOF General Partner, AIGGIC, AIAB, AIRCO,
AIG, Inc., Newbridge Asia HT, Newbridge Asia HT General Partner, Newbridge
GenPar III, Newbridge Advisors III, Tarrant Advisors, Xxxx G.A. III, Xxxx
Investment and Xxxxxxx X. Xxxx hereby agree that the Schedule 13D is, and any
future amendments to the Schedule 13D will be, filed on behalf of each of AIF
II, AIG Fund II, AIG Fund II General Partner, AIG Fund II Management, EMP II,
EMC, GICI, AOF, AOF General Partner, AIGGIC, AIAB, AIRCO, AIG, Inc., Newbridge
Asia HT, Newbridge Asia HT General Partner, Newbridge GenPar III, Newbridge
Advisors III, Tarrant Advisors, Xxxx G.A. III, Xxxx Investment and Xxxxxxx X.
Xxxx pursuant to Rule 13d-1(k)(1)(iii) under the Exchange Act.
2. Each of the Reporting Persons hereby acknowledges that,
pursuant to Rule 13d-1(k)(1)(i) under the Exchange Act, such Reporting Person is
responsible for the timely filing of the Schedule 13D and any future amendments
thereto, and for the completeness and accuracy of the information concerning
such Reporting Person contained therein, and is not responsible for the
completeness and accuracy of the information concerning the other Reporting
Persons contained therein, unless such Reporting Person knows or has reason to
know that such information is inaccurate.
3. Each of AIF II, AIG Fund II, AIG Fund II General Partner,
AIG Fund II Management, EMP II, EMC, GICI, AOF, AOF General Partner, AIGGIC,
AIAB, AIRCO, AIG, Inc., Newbridge Asia HT, Newbridge Asia HT General Partner,
Newbridge GenPar III, Newbridge Advisors III, Tarrant Advisors, Xxxx G.A. III,
Xxxx Investment and Xxxxxxx X. Xxxx hereby agrees that this Agreement shall be
filed as an exhibit to the Schedule 13D, pursuant to Rule 13d-1(k)(1)(iii) under
the Exchange Act.
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SIGNATURE
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIF II NT, LTD.
By:
----------------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG ASIAN INFRASTRUCTURE FUND II, L.P.
By: AIG Asian Infrastructure Management II,
L.P.
By: AIG Asian Infrastructure
Management II, Ltd.
By:
---------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG ASIAN INFRASTRUCTURE MANAGEMENT II, L.P.
By: AIG Asian Infrastructure
Management II, Ltd.
By:
---------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG ASIAN INFRASTRUCTURE MANAGEMENT II, LTD.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
EMERGING MARKETS PARTNERSHIP II, L.L.C.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
EMERGING MARKETS CORPORATION
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
GIC INFRASTRUCTURE PTE LTD.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG ASIAN OPPORTUNITY FUND, L.P.
By: AIG Asian Opportunity G.P.,
L.L.C.
By:
----------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG ASIAN OPPORTUNITY G.P., L.L.C.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AIG GLOBAL INVESTMENT CORP. (ASIA) LTD.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AMERICAN INTERNATIONAL ASSURANCE COMPANY
(BERMUDA) LIMITED
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AMERICAN INTERNATIONAL REINSURANCE COMPANY,
LTD.
By:
--------------------------------
Name: L. Xxxxxxx Xxxxxx
Title: Executive Vice President,
Secretary and General Counsel
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
AMERICAN INTERNATIONAL GROUP, INC.
By:
--------------------------------
Name: Win X. Xxxxxx
Title: Executive Vice President
and Chief Investment
Officer
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
NEWBRIDGE ASIA HT, L.P.
By: Newbridge Asia HT, Ltd.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
NEWBRIDGE ASIA HT, LTD.
By:
-------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
NEWBRIDGE ASIA GENPAR III, L.P.
By: Newbridge Asia Advisors III,
Inc.
By:
---------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
NEWBRIDGE ASIA ADVISORS III, INC.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
TARRANT ADVISORS, INC.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
XXXX G.A. III, L.L.C.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
XXXX INVESTMENT PARTNERS, INC.
By:
--------------------------------
Name:
Title:
IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representative as of the day and year first
above written.
XXXXXXX X. XXXX
