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KT Corporation (KTCD)

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Thursday 20 December, 2007

KT Corporation

Share Repurchase

KT Corporation
20 December 2007

Completion of Share Repurchase for Share Retirement

We hereby inform you that KT Corporation (NYSE symbol: KTC) has completed its
share repurchase for retirement of shares:

1. Purpose of share repurchase: Share retirement

2. Number of shares repurchased: 2,367,000 common shares.

3. Total value of shares repurchased: KRW 104,758,448,000

4. Average purchase price of shares repurchased: KRW 44,258 per share

5. Period of share repurchase: October 11, 2007  December 17, 2007

6. Date of share retirement: December 20, 2007

7. Number of total issued shares after share retirement: 275,202,400 shares

                      This information is provided by RNS
            The company news service from the London Stock Exchange