• Chairman : Kyung-Sup Kim
• Members : Kack-Young Kim, Il-Hyun Suk, Hae-Wang Chung, Gyoung-Gyu Choi

To carry out the following tasks related with accounting and operational audit

• To establish and implement financial audit and operational audit, and other internal audit plans, to evaluate the outcome, to followup, and to make recommendations for improvement
• To consent to the appiontment of section managers for the internal audit
• To approve the appointment of external auditors
• To evaluate the audit activities by external auditors
• To followup on the audit outcome
• To process works prescribed by the related laws and regulations as well as the ones entrusted by the Board of Directors
• To audit elements deemed necessary by the Board of Directors or other Committees

Meeting Date	Agenda	Outcome
2010.03.26	Agendum 1) The Appointment of the Audit Committee Chairperson	Approved
2010.03.09	Agendum 1) Preparation and submission of Audit Reports and delegation of statement of Audit Committee members' opinion	Approved
	Agendum 2) Review on the agenda to be submitted to General Shareholders' Meeting and delegation of its statement	Approved
	Review 1) Review on the soundness and appropriateness of financial activities and accuracy of financial reports	Approved
	Review 2) Review on the feasibility of the major accounting principles and change of accounting estimates, etc	Approved
	Review 3) Evaluation of audit activities of external auditor	Approved
	Review 4) Evaluation on appropriateness of status of implementation of internal accounting control system and review of matters to be improved	Approved
	Review 5) Evalution and review on the operation of internal control system	Approved
2010.02.11	Agendum 1) Consent on appointment of the head of the department related to internal audit	Approved
	Review 1) Review on the appropriateness of establishment and implementation of policies regarding public announcement	Approved
	Review 2) The amendment of the Regulations on Group Internal Control	Approved
	Review 3) Review on the matters reported by Compliance Officer	Approved
2009.12.11	Agendum 1) The plans for audits in Year 2010	Approved
2009.10.23	-
2009.07.24	Agendum 1) Review on the adequacy of policy making and implementation on the disclosure of corporate information	Approved
	Agendum 2) Review on the matters reported by Compliance Officer	Approved
	Agendum 3) Review on the conclusion of non-auditing agreement with the independent auditor	Approved
2009.04.24	Agendum 1) Appointment of the chairman of the Audit Committee	Approved
2009.03.11	Agendum 1) Preparation and submission of Audit Reports and delegation of statement of Audit Committee members opinion	Approved
	Agendum 2) Review on the agenda to be submitted to General Shareholders Meeting and delegation of its statement	Approved
	Agendum 3) Review on the soundness and adequacy of financial activities as well as the accuracy of financial reports	Approved
	Agendum 4) Review on the feasibility of the major accounting principles and change of accounting estimates, etc	Approved
	Agendum 5) Evaluation of the operational effectiveness of internal accounting controls system and review on the facts needed improvement
	Agendum 6) Evaluation of audit activities of independent auditor	Approved
	Agendum 7) Evalution and Review on the adequacy of Internal control system	Approved
2009.02.12	Agendum 1) Approval on the appointment of the Companys Independent Auditor	Approved
	Agendum 2) Review on the matters reported by Compliance Officer	Approved
	Agendum 3) Review on the adequacy of policy making and implementation on the disclosure of corporate information	Approved
2008.12.12	Agendum 1) The plans for audits in Year 2009	Approved
	Agendum 2) Review on the conclusion of non-auditing agreement with the independent auditor	Approved
2008.10.24	-
2008.07.25	Review 1) Suitability review of the internal accounting management system operation and evaluation on room for improvement	Approved
	Review 2) Establishment of the public notice policy and feasibility study of its execution	Approved
2008.04.25	Agendum 1) The appointment of Audit Committee Chairman	Approved
	Agendum 2) Amendment of the standing auditor codes of conduct	Approved
2008.03.12	Agendum 1) Preparation, submission, and presentation of the audit report	Approved
	Agendum 2) Presentation of the agenda and related documents to General shareholders' meeting	Approved
	Review 1) Suitability study on key accounting processing standards and accounting estimation changes	Approved
	Review 2) Review of the financial activity quality and feasibility and financial report accuracy	Approved
	Review 3) Evaluation of the audit activities by external auditors	Approved
	Review 4) Suitability review of the internal accounting management system operation	Approved
	Review 5) Establishment of the public notic policy and feasibility study on its execution	Approved
2008.02.15	-