COAL TENDER: KOMIPO-Bid Notice -2009-9

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

1. Bid No. : KOMIPO-Bid Notice -2009-9

2. Materials and Quantity to be Procured

2,625,000 Metric Tons of Coal

Identification No.	Minimum NAR	Quantity (MT)	Price	Shipping Schedule
LT 1	5,800kcal/kg	500,000 Per annum	Index Linked	Jan 2010 ~ Dec 2012
LT 2	4,800kcal/kg	500,000 Per annum	Fixed and renewed annually	Jan 2010 ~ Dec 2012
SP 1	5,600kcal/kg	625,000	One Single Fixed Price	Nov 2009 ~ Feb 2010
SP 2	4,800kcal/kg	1,000,000	One Single Fixed Price	Nov 2009 ~ Feb 2010

Bidders are requested to offer with quotation up to feasible amount of coal in lots of panamax [60,000MT~70,000MT (?10%)] or Capesize 125,000MT(?10%).

i) in case of LT 1, FOBT Port of Loading basis from minimum 250,000 Metric Tons per annum
ii) in case of LT 2, FOBT Port of Loading basis from minimum 250,000 Metric Tons per annum
iii) in case of SP 1 and SP 2, both FOBT Port of Loading basis and CFR Port of Discharging basis.

3. Procurement Method: International Open Bidding

4. Deadline for Bidding: 1500HRS on October 8th, 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. 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

7. 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

September 30, 2009
Korea Midland Power Co., Ltd.