COAL TENDER: KOMIPO-Bid Notice -2009-4

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

1. Bid No. : KOMIPO-Bid Notice -2009-4

2. Materials and Quantity to be Procured
Materials : Bituminous Coal or Sub-bituminous Coal
Quantity and shipping schedule
Spec Quantity Shipping Schedule (2009)
Min. 4,800kcal/kg NAR 300,000MT July 1 ~ August 31
Min. 5,600kcal/kg NAR 375,000MT July 1 ~ August 31
Lots : Either 60,000MT(+/-10%) or 125,000MT(+/-10%)

3. Procurement Method: International Open Bidding

4. Deadline for Bidding : 15:00 on May 26, 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 loading port AND CFR discharging port basis. If a Bidder has track record of supply to 5 gencos not more than 120,000MT, it can only submit on CFR discharging port basis (FOB loading port 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 loading port 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

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

May 18, 2009
Korea Midland Power Co., Ltd.