<P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN></P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"><A name=#42f2c3b4></A><IMG style="WIDTH: 252px; HEIGHT: 16px" height=10 src="http://www.klafir.or.kr/upImages/info/i02f/20090619110024042.gif" width=221 border=0></SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"><A name=#42f2c3b5></A><IMG style="WIDTH: 478px; HEIGHT: 19px" height=12 src="http://www.klafir.or.kr/upImages/info/i02f/20090619110024462.gif" width=423 border=0></SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"><BR></SPAN></P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify">Cheonan city government, Microsoft Korea, and Chungnam Culture Technology Industry Promotion Agency (CTIA) have taken a pioneering step by signing a memorandum of understanding seeking to develop the game industry and talented global IT human resources.</SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"><BR></SPAN></P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"><A name=#42f2c3b6></A><IMG style="WIDTH: 300px; HEIGHT: 170px" height=149 alt="" hspace=1 src="http://www.klafir.or.kr/upImages/info/i02f/20090619110029128.jpg" width=291 align=left vspace=1 border=0></SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify">Under the agreement, Cheonan city is expected to provide financial assistance to local universities in opening IT classes, support digital content development for Cheonan’s International E-Sports Festival 2009, and build a game industry R&D center.</SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN>&nbsp;</P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify">Likewise, Microsoft Korea will be responsible for facilitating education and training programs that cultivate global IT talents and game developers, give technological support at the Imagine Cup Korea matches, grow digital content development conferences, and overseas system management for Cheonan’s R&D center.</SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN>&nbsp;</P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify">In the case of CTIA, it will offer assistance for network building and management, run selection competitions to create Korean teams for Imagine Cup, assist in digital content development conferences, and cultivate human resource development programs.</SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN>&nbsp;</P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 120%; FONT-FAMILY: '굴림'; TEXT-ALIGN: justify"><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify">The agreement will indeed bring visible synergy affects to all three parties and enhance each of their competitiveness in the IT sector.</SPAN><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 12pt; FONT-FAMILY: '굴림'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"></SPAN> </P><SPAN style="FONT-SIZE: 10pt; COLOR: #000000; LINE-HEIGHT: 16pt; FONT-FAMILY: '한컴바탕'; LETTER-SPACING: 0pt; TEXT-ALIGN: justify"> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 160%; FONT-FAMILY: '한컴바탕'; TEXT-ALIGN: justify"><BR><BR>Enquiries: Young Cha</P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 160%; FONT-FAMILY: '한컴바탕'; TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; International Relations Manager</P> <P style="FONT-SIZE: 10pt; MARGIN: 5px 0pt 1px; COLOR: #000000; TEXT-INDENT: 0pt; LINE-HEIGHT: 160%; FONT-FAMILY: '한컴바탕'; TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61 2 9261 8033<BR></SPAN></P>

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