COAL TENDER: KOMIPO-Bid Notice -2009-2

Summary of Invitation To Bid
For Bituminous Coal for Boryeong Thermal Power Plant

1. Bid No. : KOMIPO-Bid Notice -2009-2

2. Materials and Quantity to be Procured
Materials : Bituminous Coal or Sub-bituminous Coal
Quantity and shipping schedule

Spec: Min. 4,800kcal/kg NAR
Quantity: 500,000MT
Shipping Schedule (2009): May 1 ~ June 30
Lots : Either 60,000MT(+/-10%) or 125,000MT(+/-10%)

3. Procurement Method: International Open Bidding

4. Deadline for Bidding : 15:00 on April 3, 2009 (Korean Standard Time).

5. Qualification of Bidder : Coal producers, marketing companies or traders who do not have unfaithful track record to Korean five(5) Gencos (KOMIPO, KOSEP, KOWEPO, KOSPO and EWP) which are subsidiaries of Korea Electric Power Corporation and who shall meet the whole requirement of ITB including but not limited to coal quality specification, shipping schedule, quality, etc.

6. Bidders shall propose on FOB AND CFR basis. If a Bidder has track record of supply to 5 gencos not more than 120,000MT, it can only submit on CFR basis (FOB basis not allowed). And New Bidder who has no track record of supply to 5 gencos for the past 3 years shall submit on FOB basis amounting to maximum 60,000MT(+/-10%).

7. Any applicant who wants to inquire or clarify regarding bidding conditions can contact
YS Kim.
Tel: 82-2-2186-1431,
E-mail : shogun@komipo.co.kr
Please refer to KOMIPO homepage www.komipo.co.kr/english.

8. Bid proposals shall be forwarded to
Mr. Jung Kyoon Lee / Senior Manager /Generation Fuel Team,
Management Support Department
Korea Midland Power Co., Ltd.
3rd Fl, Daeyun Building, 170, Samseong-Dong, Gangnam-Gu,
Seoul 135-090,Korea

March 26, 2009
Korea Midland Power Co., Ltd.