Lotte Shopping Co., Ltd. (KOSE:A023530) agreed to acquire an additional 12.7% stake in Lotte International, Inc. from a group of shareholders for KRW 43 billion on July 21, 2014. The group of shareholders includes Lotte Confectionery Co. Ltd. (KOSE:A004990), Lotte Food Co., Ltd. (KOSE:A002270), Daehong Communications Inc., Lotte Data Communication Company, Lotte Engineering & Construction Co., Ltd. and Lotte Chilsung Beverage Co., Ltd. (KOSE:A005300). Lotte Chilsung Beverage Co., Ltd. will sell 0.02 million shares, Lotte Confectionery will sell 0.01 million shares, Lotte Food will sell 0.01 million shares, Daehong Communications will sell 0.01 million shares, Lotte Data Communication will sell 0.01 million shares and Lotte Engineering & Construction Co., Ltd. will sell 0.05 million shares at the price of KRW 378,016 per share. Lotte Shopping Co., Ltd. will increase its holding to 0.25 million shares in Lotte International, Inc. The Board of Directors of Lotte Engineering & Construction Co., Ltd., Lotte Chilsung Beverage Co., Ltd. and Lotte Shopping Co., Ltd. decided the deal on July 21, 2014.

Lotte Shopping Co., Ltd. (KOSE:A023530) completed the acquisition of an additional 12.7% stake in Lotte International, Inc. from a group of shareholders on July 22, 2014.