Komipo opens tender for 360,000 MT of coal

INVITATION TO BID for Bituminous Coal for Poryong Power Plant

1. Bid No. : KOMIPO-Coal-2004-SP01

2. Materials and Quantity to be Procured

Materials : Bituminous Coal, Quantity : 360,000MT

3. Procurement Method: International Bidding

4. Shipping Schedule: March 15, 2004 - April 15, 2004.

At the time of notifying a successful Bidder, KOMIPO shall inform the laycan of ten (10) consecutive days within above shipping schedule.

5. Deadline for Bidding is 3:00 p.m. on March 2, 2004 (Korean Standard Time).

6. Qualification: Coal producers or marketing companies or traders those who shall meet the whole requirement of ITB including but not limited to, coal quality specification, shipping schedule, quality, etc.

7. Any applicant who wants to receive the relevant documents should inform us of the company's name and e-mail address via e-mail to coolpark@komipo.co.kr

Please refer to KOMIPO homepage www.komipo.co.kr

8. Bid forms should be forwarded to Jeong-Hwan Yun, Senior Manager Fuel Team, Contracts Management Dept.

Korea Midland Power Co., Ltd., 167 .Samsung-dong, Kangnam-Ku, SEOUL, 135-791, Korea.

February 23, 2004

Korea Midland Power Co., Ltd.