Korean Minister and Business Leaders to Address Investor Forum in New York City – June 28, 2006

New York, New York - June. 12, 2006 - Internationally-focused investors, executives, financial and service professionals, venture capitalists, journalists and other interested individuals are invited to attend the first Korea Investment Forum. Information concerning the program agenda, complementary registration and other details can be accessed at:

www.kwrintl.com/koreainvestmentforum

This event is being organized by the Korean Ministry of Commerce, Industry and Energy (MOCIE), the Korea Trade-Investment Promotion Agency (KOTRA) and Invest Korea. It will feature presentations by MOCIE Minister Sye-Kyun Chung, Federation of Korean Trade Unions (FKTU) President Yong-Deuk Lee, American Chamber of Commerce in Korea President Tami Overby, and representatives from the Korea Electronics Technology Institute, Korea Bio Venture Association, and Korea Core Industrial Technology Investment Association.

The meeting will be held without charge on June 28, 2006 from 11:30AM-2:00 PM in the Holmes Room at the New York Palace Hotel, located at 455 Madison Avenue (located at 50th Streets) in New York City. Preference will be given to investors and executives who are active in technology, telecom, biotech, financial and business services, venture capital, private equity and other relevant sectors. Advance registration is encouraged and advised.

Supporting organizations for this event include the Asia Society, Korea Society, Business Council for International Understanding, U.S.-Korea Business Council, New York Biotechnology Association, The New York Society of Security Analysts and The Manhattan Chamber of Commerce. Supporting publications include Asia Times, EE Times, Electronics Supply & Manufacturing, fDi Magazine and The KWR International Advisor.

In recent years, the Republic of Korea has introduced numerous new economic policies, regulatory and other changes. Substantial progress has been achieved and Korea now possesses a far more diverse and open economy with more foreign involvement and investment than ever before. Businesses and investors around the world are increasingly aware of Korea’s technological prowess, its strategic location and the underlying attractiveness of its domestic economy. U.S. firms and investors seeking to learn more about recent developments –- and how they can benefit from the changes now underway -- are urged to meet with the visiting delegation of Korean business and government leaders who will be traveling to New York later this month.

"We look forward to briefing corporate and financial investors on recent trends and the many promising business and investment opportunities that are now emerging in Korea," noted Mr. Sye-Kyun Chung, Minister of Korea’s Ministry of Commerce, Industry and Energy. "The US remains Korea’s second largest trading partner and our agenda will include discussion of the Free Trade Agreement that is now being negotiated between the US and Korea, and how it promises to benefit consumers and businesses in our two nations.”

"As Korea shifts from a manufacturing- to a technology- and service-oriented economy and opens itself up to foreign investment, its labor practices are rapidly changing" commented Federation of Korean Trade Unions (FKTU) President Yong-Deuk Lee. "With this forum, I wish to familiarize executives and investors with these changes, the underlying attractiveness of the Korean workforce, and how they would benefit from an expanded presence in the Korean market.”

“US firms including General Electric, Citigroup, Proctor & Gamble and many other companies -- large and small -- have been achieving tremendous success in Korea, not only in terms of the country’s ability to produce world-class products, but also in respect to its increasingly attractive domestic market” stated Ms. Tami Overby, President of the American Chamber of Commerce in Korea. “This event will provide an overview of the Korean economy, potential opportunities, market entry strategies and notable success stories. It will also allow for one-on-one meetings with prominent business and government leaders across a wide range of industries and sectors.”

To register to attend the Korea Investment Forum, or to obtain more information, please visit www.kwrintl.com/koreainvestmentforum or contact: kiforum@kwrintl.com

KWR International, Inc.
Keith W. Rabin
email: kiforum@kwrintl.com
phone/fax: +1-212-532-3005/+1-212-685-2413

This material is published and disseminated by KWR International, Inc., on behalf of the Korea Trade-Investment Promotion Agency. This material is filed with the Department of Justice where the required registration statement is available for public viewing.