Response to Inquiry relating to Press Reports

On July 30, 2010, the board of directors of KB Financial Group Inc. (“KB Financial Group”) resolved to pursue a spin-off of the credit card business of Kookmin Bank, a wholly-owned subsidiary of KB Financial Group, with the aim of enhancing the competitiveness of such credit card business. Such contemplated spin-off transaction, including the specific details thereof, remains subject to final determination by a resolution of the board of directors of Kookmin Bank at a later date and also remains subject to change depending on discussions and approval processes with the relevant regulators.

Additional disclosure will be made in the future in the event of changes regarding such contemplated spin-off transaction.

* This disclosure is publicly filed in response to an official inquiry from the Korea Exchange regarding the above on August 2, 2010.