KOMIPO opens tender for 360,000 tons of bituminous coal

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

1. Bid No. : KOMIPO-Coal-2006-SP08

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

Spec Quantity Shipping Schedule
Spec 1
(NCV min. 5,700kcal/kg)
240,000MT
Jan. 20, 2007 ~ Feb. 25, 2007

Spec 2
(NCV min. 5,100kcal/kg)
120,000MT
Jan. 20, 2007 ~ Feb. 25, 2007

3. Procurement Method: International Open Bidding

4. Deadline for Bidding : 3:00 p.m. on December 21, 2006 (Korean Standard Time).

5. Qualification of Bidder : Coal producers, 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.

6. 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 khn99@komipo.co.kr. or, Please refer to KOMIPO homepage www.komipo.co.kr.

7. Bid forms should be forwarded to
Jeong-Hwan Yun / Senior Manager / Fuel Team, Business Dept.
Korea Midland Power Co., Ltd.
167, Samsung-dong, Gangnam-Gu, Seoul 135-791, Korea.

December 11, 2006
Korea Midland Power Co., Ltd.