Filed by Kookmin Bank
Pursuant to Rule 425 under the U.S. Securities Act of 1933, as amended
Subject Company: Kookmin Bank
Commission File No. 001-15258
Date: July 16, 2008
Important Information
In connection with its proposed establishment of a financial holding company, Kookmin Bank has filed and will file important documents with the United States Securities and Exchange Commission (the “SEC”), including a registration statement on Form F-4 and amendments thereto and related documents. Investors are urged to carefully read all such documents when they become available because they will contain important information. Investors may obtain copies of the documents, when available, free of charge on the SEC’s website at www.sec.gov, as well as from Kookmin Bank on the Investor Relations section of its website at www.kbstar.com.
Forward-Looking Statements
This communication contains forward-looking information and statements about Kookmin Bank and the financial holding company to be established. Forward-looking statements are statements that are not historical facts. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 are generally identified by the words “believe,” “expect,” “anticipate,” “target” or similar expressions. Although Kookmin Bank’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Kookmin Bank, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public filings with the SEC made by Kookmin Bank, including on Form 20-F and on the Form F-4 that Kookmin Bank will file with the SEC. Kookmin Bank undertakes no obligation to publicly update its forward-looking statements, whether as a result of new information, future events, or otherwise.
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The following press release was made by Kookmin Bank on July 16, 2008.
Kookmin Bank’s Board of Directors Resolves to Include a Condition in the Stock Transfer Plan
The Board of Directors of Kookmin Bank (the “Bank”) held a meeting on July 15, 2008 and, upon considering current stock prices and the ongoing financial soundness of the Bank, resolved to submit for approval at an extraordinary general meeting of shareholders of the Bank a supplemented stock transfer plan which includes the condition that the number of shares of the Bank’s common stock for which appraisal rights are exercised must not exceed 15% of its total issued common stock.
In addition, the Bank is considering various plans to aid its successful conversion to a financial holding company structure, including the possibility of a stock buyback which will be positively considered in light of future market conditions.
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