Lotte Asset Development Co. Ltd. announced a private placement of 10,000,000 shares at KRW 5,000 per share for gross proceeds of KRW 50,000,000,000 on January 29, 2015. The transaction will include participation from existing investors, Lotte Shopping Co., Ltd. for 3,914,243 shares, Lotte Engineering & Construction Co., Ltd. for 1,180,850 shares, Lotte Chilsung Beverage Co., Ltd. for 1,414,663 shares, Hotel LOTTE Co,.ltd. for 718,580 shares, Lotte Confectionery Co.

Ltd. for 718,580 shares, and Lotte Chemical Corporation for 2,053,084 shares. Upon closing, Lotte Shopping Co., Ltd., Lotte Engineering & Construction Co., Ltd., Lotte Chilsung Beverage Co., Ltd., Hotel LOTTE Co,.ltd., Lotte Confectionery Co. Ltd., and Lotte Chemical Corporation will hold 39.14%, 11.81%, 14.15%, 7.19%, 7.19%, and 20.53% respectively.

The shares will be issued at par. The subscription period will start and end on February 10, 2015. The payment date for the transaction is February 10, 2015.