ADDITIONAL AGREEMENT (For Prepayment Penalty)

                              ADDITIONAL AGREEMENT
                            (For Prepayment Penalty)

To : Taegu Bank, Ltd.

Borrower : NewState Capital Co., Ltd.
           000-00 Xxxxxx-Xxxx
           Xxxxxxx-Xx, Xxxxx
           By : Xxxxx Ki Xxx, President
               (Corporate seal affixed)

         Supplementing  the  agreement  made  between  us and Taegu  Bank,  Ltd.
(hereinafter referred to as the "Bank") on it is agreed as follows :

Article 1 (Payment of Prepayment Penalty)
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           In the event we repay the loan prior to the due date, we agree to pay
the Bank prepayment penalty in accordance with Article 2 below.

Article 2 (Calculation of Prepayment Penalty)
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           Prepayment penalty shall be calculated as follows:

(1) Fixed rate interest loans:

1.       Formula : Prepayment  amount x Interest rate  differential x (remaining
         period/365)

2.       Interest  rate  differential  shall  mean the  difference  between  the
         initial  interest  rate and the interest rate applied to a loan of same
         conditions on the date of prepayment.

(2) Other loans :

1.       If the remaining period is more than a year : Prepayment amount*1.0%

2.       If the remaining period is less than a year : Prepayment amount * 0.5%

(3) The  remaining  period  shall mean the number of days  counted  from the day
after the date of prepayment to the initial due date.  For loans of  installment
repayment,  the remaining  period shall be counted for each  installment and the
prepayment  shall be applied  to the order of the due dates of each  installment
payment unless otherwise requested by the borrower.
Article 3 (exemption of Prepayment Penalty)

           Prepayment penalty will be exempted in the event :

1.       the remaining period is less than three (3) months :

2.       The  prepayment  is for  repayment of a loan  requiring  equal  monthly
         repayment of principal:

3.       the Bank demands prepayment for reasons of acceleration . etc.:

4.       the  prepayment  is  necessitated  by  the  Bank  due to  execution  of
         agreement to reform the financial structure of the borrower, etc.:

5.       the loan is of a fixed interest rate and the interest rate applied to a
         loan of same  conditions  on the date of  prepayment is higher than the
         initial interest rate : or

6.       the Bank provides otherwise.

           We acknowledge receipt of a copy of this agreement :
Sufficient explanation of the major terms and conditions thereof was given to us
and we fully understand the same.

                                       NewState Capital Co., Ltd.
                                       000-00 Xxxxxx-Xxxx
                                       Xxxxxxx-Xx, Xxxxx
                                       By : Xxxxx Ki Xxx, President
                                       (Corporate seal affixed)