Business Achievements of K-sure,

We set our target business volume at KRW 190 trillion in early 2012 but increased this target by KRW 10 trillion to KRW 200 trillion in July by switching our mode of operation from normal to contingency to better assist Korean companies as the global financial crisis lingered on and the Korean economy faltered with exports taking sharp drop.

By end of 2012, we extended 101% of this new target with a total of KRW 202 trillion in our insurance and guarantee covers to facilitate export finance under deteriorated financing conditions and eliminate uncertainties from recoveries from those overseas transactions on credit, on top of offering buyer information for small and medium-sized enterprises to help them with their emerging market penetration.

Thus, we were able to play a leading role in Korea achieving USD 1 trillion in trade by graduating from the financial crisis early on through expanding exports and overseas market penetration in the EPC and other sectors, amid a difficult trading environment.

KRW 29 trillion was extended to support small and medium-sized enterprises to resolve their liquidity shortage, offered them premium discounts to reduce their financial burden, and operated a special unit to expeditely help them resolve trading-related issues arising during the course of exportation. In short, we were able to help them grow and transform into global companies.

KRW 100 trillion of cover was extended to those enterprises entering emerging markets so they can overcome limitations in existing markets and pioneer future markets as new growth engines.

In addition, KRW 18 trillion of cover went into MLT financing to help Korean exporters win overseas generation, construction, resource development and other mega-projects by facilitating their financing; thus, we help them successfully bid on these projects in various locations in the world despite weak global financial markets.

With the need for systematic and scientific risk management as the size of trade insurance continued to grow, we adopted an advanced risk management system to boost its accuracy by revising our exposure calculation methods and devising risk measurement models and other processes.

Early detection of risk became possible through pre- and post-monitoring, and we sought appropriate risk countering measures by introducing risk indices of other credit agencies to our internal risk management system. On the other hand, monitoring cycles were shortened and monitoring targets were revised. In short, we actively countered risk from the lingering global financial crisis. Particularly, a task force team was formed to constantly monitor risk from Greece, Spain, and other high risk countries.

We placed various efforts to improve our recoveries. For instance, we formed a consultative group composed of debt collection experts internally and externally who sought different strategies and adopted tailor-made tactics for each debt. We also expanded our international network for overseas debt collection and addressed cases of insured events early on.

We tried to solve export-related problems of our customers as soon as possible through our customer center, and improved customer satisfaction using the “monitoring by customer” system, through which we would listen to their problems, receive their proposals, and reflect issues raised to our programs. As a result, K-sure was rated by the government to be one of the best institutions with an excellent CS index.