Coal Tender: KOSEP-Coal-2008-SP03-2

Summary of Invitation To Bid (ITB) For New Bidders
For Bituminous Coal

Korea South East Power Co. Ltd.(KOSEP) is inviting a bid for the supply of coal from qualified suppliers on ITB (Ref. Attached) and invites your company to submit a bid to supply coal for KOSEP Power Plants as follows,

1. Bid Notice No. (ITB No.) : KOSEP-Coal-2008-SP03-2
2. Materials, Quantity to be procured and Shipping Schedule
◦ Materials : Bituminous Coal
◦ Spec. : NCV Min. 5,350kcal/kg (Ref. the attached ITB)
◦ Quantity : 60,000 MT(Metric Tons)
◦ Shipping Schedules (Loading port): June 11, 2008 ~August 10, 2008
- Bidders are requested to bid just 60,000 Metric Tons by a single shipment quantity on both FOBT and CFR basis.
4. Procurement Method: International Open Bidding as per ITB (Ref. the attached ITB)
5. Bid closing date: 4:00 P.M. on May 6, 2008 (Korean Standard Time)
6. Qualification of Bidder : A new bidder* who shall meet the whole requirements of the attached ITB including, but not limited to, coal quality specification, shipping schedule, etc. is qualified to participate in this bid.

*A new Bidder means the bidder who does not have any coal supply record to five generation companies of KOSEP, KOMIPO, KOWEPO, KOSPO, KEWESPO in Korea or Taiwan Power or J-Power in recent three years.

7. Bid forms should be forwarded to
Mr. Yong-Jae, Lee
Senior Manager, Fuel Team, Business Department
Korea South East Power Co. Ltd
169 Daehwa B/D 4F, Samsung-dong, Gangnam-gu, SEOUL, 135-882, Korea.

Other bid requirements and matters are specified in the attached
(ITB KOSEP-Coal-2008-SP03-2 For New Bidders)

Any queries on this Bid are welcomed to contact
Hun-soo, Hwang / Manager Fuel Team, KOSEP
Tel) 82-2-3456-7173, Fax) 82-2-3456-7179
E-mail : hhs97@kosep.co.kr (http://www.kosep.co.kr/eng)

April 23, 2008
Korea South East Power Co. Ltd.