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KT Corporation (KTCD)

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Wednesday 20 September, 2006

KT Corporation

Completion of KTF Share Acqn.

KT Corporation
20 September 2006

Completion of KTF Share Acquisition

1.      Number of KTF shares acquired: 12,489,850 shares of common stock

A.      Total number of KTF shares held by KT Corporation after the acquisition:
102,129,938 shares (50.76%)

2.      Value of shares acquired: KRW 356,179,732,925

3.      Average acquisition price per share: KRW 28,517

4.      Acquisition period: 2006.2.28 - 9.15

5.      The acquisition period is based on the purchase date.  The acquisition
price does not include handling fees.


                      This information is provided by RNS
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