KOWEPO opens tender for 300,000 tons of coal

INVITATION TO BID
for
Steaming Coal Supply Spot Contract
for TAEAN Power Plant

1. Bid No. : KOWEPO-Coal Bid Notice-SP04-05
2. Bituminous Coal
- Quantity: 300,000MT
- Bidders may offer at least 60,000MT or 120,000MT on both FOBT and CFR price.
※ In the event that the quality is outside the limits of range as the Standard
Quality Specifications, KOWEPO will select the successful Bidder if
KOWEPO judges that Coal can be used by the Tean Power Plant
- The lowest price shall be selected as the successful bidder.

3. Shipping Schedule (Discharging Schedule)
- Apr. 01 - Apr. 30, 2004 : 120,000MT
- May 01 - May 31, 2004 : 120,000MT
- June 01 - June 30, 2004 : 60,000MT

4. Procurement Method : International Open Bidding
5. Deadline of Bidding is 5:00 p.m. on Monday, 15th Mar., 2004
6. Qualification : Coal Producer or Marketing company or Coal Trader

7. Any queries on this Bid are welcomed to contact
Tel) 82-2-3456-7731, Fax) 82-2-3456-7739
E-mail : yongkyu@iwest.co.kr
www.iwest.co.kr/english

8. Bid forms should be forwarded to
Mr. Steve(S.T.) Lim/ Senior Manager, Fuel Procurement Team
Korea Western Power Co. Ltd
Suite 1509, 167 Samsung-Dong, Kangnam-Ku, SEOUL, 135-791, Korea.

March 4, 2004

Korea Western Power Co. Ltd