Investment in JSC Bank CenterCredit

On September 25, 2009, the board of directors of Kookmin Bank, a wholly-owned subsidiary of KB Financial Group Inc., resolved to revise its agreements regarding the acquisition of shares of JSC Bank CenterCredit (“BCC”). Pursuant to such revision, Kookmin Bank’s equity stake in BCC upon the completion of the agreed transactions is to be 40.1% or more (on a fully-diluted basis, and including convertible preferred shares of BCC that will comprise a portion of the equity stake to be held by Kookmin Bank), instead of 50.1% or more as previously agreed, and such revision has been undertaken in connection with a co-investment in BCC by International Finance Corporation (“IFC”), pursuant to which IFC will acquire a 10% equity stake in BCC. As a result, Kookmin Bank, which currently holds a 30.5% equity stake in BCC, is expected to acquire an additional 9.6% equity stake. As the acquisition of such additional stake in BCC by Kookmin Bank is subject to various regulatory approvals, the date of such acquisition has not yet been finalized.