1. Date of sale of operating investment securities
From October 14, 2014 to October 15, 2014
2. Outline of sale of operating investment securities
Shares to be sold: Daum Communications Corporation (KOSDAQ:035720)
Number of shares sold: 329,768 shares （previous Kakao Corporation's 212,000 shares)
Total amount sold: 44,051 million KRW (about 4,417 million yen*)
Profit from sales: 42,055 million KRW (about 4,217million yen*)
*The above mentioned amount of yen was converted with KRW=0.100286 yen (as of October 15), the final profit and loss may fluctuate depending on the status of exchange rate.
3. Future outlook
A profit of 4,217 million yen was generated from sales of operating investment securities of Daum Communications Corporation, as a part of our Investment Development Business. The figures will be posted for operating income for the fiscal year ending September 2015. Because performance forecast of FY2015 including this sales has not decided yet, management will announce it as soon as they decide.
Results announcement of FY2014 ending September 2014 is scheduled on October 30, 2014.