The Board of Directors of Dongkuk Industries Co., Ltd. (KOSE:A005160) authorized a share repurchase program on December 6, 2012. Under the program, the company will repurchase up to KRW 3 billion worth own shares pursuant to a trust agreement with Eugene investment & Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on December 6, 2012 and will continue until June 5, 2013.

As of December 5, 2012, the company has no shares in treasury. Eugene investment & Securities Co., Ltd. acted as the broker to the company for the buyback transaction.