Shin & Kim Logo]Notes Agreement • March 16th, 2005 • Export Import Bank of Korea • Foreign governments
We have acted as a special Korean counsel for The Export-Import Bank of Korea (the “Issuer”) in connection with the US$400,000,000 4.625% notes due 2010 (the “2010 Notes”) and US$600,000,000 5.125% notes due 2015 (together with the 2010 Notes, the “Notes”) issued by the Issuer pursuant to the Terms Agreement dated March 8, 2005 and made among the Issuer and the Underwriters named therein (the “Terms Agreement”). The Notes will be issued pursuant to the Fiscal Agency Agreement dated August 1, 1991 and made by the Issuer and the Fiscal Agent (the “Fiscal Agent”) named therein (the “Fiscal Agency Agreement”). Unless otherwise defined herein, the terms used herein shall have the same meanings as used in the Terms Agreement and the Fiscal Agency Agreement.
