Document:

EXHIBIT 10.18

The  bank  shall  explain  the  key contents of this contract and distribute the
copies  of  this  contract and the bank's standard contract of loan transaction.

                          CONTRACT OF LOAN TRANSACTION

                                  (Enterprise)

-------
Revenue
Stamp
-------

Corporation Hana Bank                                           Date   2004.8.25

Name                             (Sign)
      ---------------------------------
Address:

I  understand  that  in  the  loan  transaction  with  Corporation  Hana  Bank
(hereinafter referred to as the "Bank") according to the conditions hereinafter,
the  standard contract of loan transaction will be applied. I duly recognize the
following  articles.

ARTICLE  1  CONDITIONS  OF  TRANSACTION

The  conditions  of  transaction  are  as  follows.

(In  the  event  there  are  multiple  choices,  please listen to the employee's
explanation  and  place  an  "x"  mark  inside  the  appropriate  "[  ]")

                                        1
<PAGE>
<TABLE>
<CAPTION>

<S>              <C>
Loan subject
(Loan type)      (trade funds)
---------------  --------------------------------------------------------------------------------
                 [ ] Limit transaction
Transaction      [ ] Revolving credit transaction
classification   [ ] Spent credit transaction
---------------  --------------------------------------------------------------------------------
Loan(limit)      348,848,000.00 Won
Amount
---------------  --------------------------------------------------------------------------------
Commencement
Date
---------------  --------------------------------------------------------------------------------
Expiry Date
---------------  --------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>

<S>              <C>                     <C>                       <C>                    <C>

                 [ ] Fixed (standard
                 contract of loan
                 transaction Article 3                             Arrears compensation
Interest rate,   Clause 2 Section 1)        % pa until expiry      interest (standard     Maximum
miscellaneous    ----------------------  ------------------------  contract of loan           %pa
                                                                   transaction Article 3
                                                                   Section 5)
                 [ ] Variable (standard  [ ] Standard interest
                 contract of loan              + (    ) %
                 transaction Article 3   [ ] Miscellaneous
                 Clause 2 Section 2)           (              )
---------------  ----------------------  ------------------------  ---------------------  -------
</TABLE>

<TABLE>
<CAPTION>
<S>              <C>                                               <C>                    <C>
                                                                   Arrears compensation
                                                                   interest
                                                                   (standard contract
                                                                   of loan transaction
                                                                   Article 3, Section
Interest rate    Limit transaction : Refer to Article 4            5)                         %pa
---------------  ------------------------------------------------  ---------------------  -------
</TABLE>

<TABLE>
<CAPTION>
<S>              <C>
Calculation
of interest
and arrears      With 365 days considered as 1 year, interest is calculated on a daily basis. But
compensation     in foreign transactions, international and business customs will be applied.
---------------  --------------------------------------------------------------------------------
                 [ ] Execute the whole amount on commencement of loan
                 [ ] Part execution after  confirmation of the bank of asset purpose and required
                     Amount based on documentary evidence and spot goods
Method of        [ ] Execute as required by the customer with preset credentials
loan             [ ] Miscellaneous:
execution            (                                                         )
---------------  --------------------------------------------------------------------------------
                 [ ] Repayment of the whole amount on expiry of loan.
                 [ ] Defer payment for ( ) years ( ) months after commencement,
                 installment repayment from ( ) ( ) ( ) every ( )months
                 [ ] Miscellaneous:
                     (                                                         )
                 [x] Any bank deposit repayments through ATMs or electronic banking
Method of        means after bank business hours may not be recorded as being repaid
repayment        on the day
---------------  --------------------------------------------------------------------------------
                 [ ] Initial  interest  on  commencement,  latter interests will be paid prior or
                     upon final calculation of paid interest
                 [ ] Paid prior before expiry of bill
                 [ ] Initial  interest will be paid within ( )  months  of  commencement,  latter
                     interests  will be paid within ( ) months of the day after final calculation
                     of paid interest
                 [ ] Paid  on  repayment  date of installment repayment principal and interest or
                     payment date of monthly deposit
                 [ ] Paid upon expiry on loan period
Time and         [ ] Miscellaneous
method of            (                                                         )
interest         [x] Any bank deposit repayments through ATMs or electronic banking
payment and      means after bank business hours may not be recorded as being repaid
method           on the day
---------------  --------------------------------------------------------------------------------
                 Concerning  deposit trust loans, if monthly deposit is arrayed for 4 consecutive
Offset special   months , the  bank may offset related account and loaned money before the expiry
condition        of loan period with notice
---------------  --------------------------------------------------------------------------------
</TABLE>

                                        2
<PAGE>

ARTICLE  2  ARREARS  COMPENSATION

1.  In the event interests, installment payment or installment payment principal
and  interest  is  not  paid by the due date, arrears compensation shall be made
according  to  the  amount  that  was  to  be  paid.

2.  In  the  event  the  debt is not discharged at the expiry of the loan or the
interest  of  the  expiry  date  lost  according  to  standard  contract of loan
transaction  Article  7 (including standard contract of loan transaction Article
9,  redemption  debt  of  discount  bill),  arrears  compensation  shall be made
according  to  the  amount  of  loan  remaining.

ARTICLE  3  TOTAL  AMOUNT OF LOAN AND NOTIFICATION OF INSTALLMENT REPAYMENT DATE
CHART

1.  In  the case of an installment repayment loan, the total amount of debt will
be  decided  after  the  execution.  The  method  of  execution will be based on
installment  repayment  date  chart,  receipts  and  other  evidences.

2.  In the case of installment repayment loan other than installment credit loan
and  benefit,  the bank shall make out and notify the debt-related persons of an
installment  repayment  date  chart.

ARTICLE  4  REDUCTION  AND  SUSPENSION

1. In the case of a line transaction or an installment loan, the bank may decide
to reduce the loan (line) amount in Article 1 through notice or temporarily stop
the loan execution regardless of the transaction period due to sudden changes in
national  economy  and  financial state or significant deterioration of personal
credit  state  of  the  loanee.  In  this  event the loanee shall pay any amount
exceeding  the  line  due  to  the  reduction.

2. The bank shall withdraw the reduction or the suspension caused by the reasons
stated  in  Clause  once  such matters are solved and normal loan transaction is
possible.

ARTICLE  5  SERVICE  CHARGE  FOR  REMAINING  LINE  IN  THE  CONTRACT

In  the  case  of a line transaction or foreign currency loan and there exists a
separate  clause  for any remaining amount within the credit line set in Article
1,  service  charge  shall be paid according to the standards set by the clause.

ARTICLE  6  REVENUE  STAMP

1.  Revenue stamp cost incurred by this  contract  shall be paid by ([ ] loanee,
[ ]  bank, [ ] loanee and bank 50% each).

2.  In the event the bank pays the revenue stamp cost that was to be paid by the
loanee  according  to Clause 1, it shall be paid within a short period according
to  bank's  standard  contract  of  loan  transaction  Article  4.

ARTICLE  7  REPAYMENT  CURRENCY  AND  EXCHANGE  RATES

Principal  and  interest  of  foreign  currency  loan  may be repaid with loaned
currency  or  with won currency. Exchange rate in the event of repayment through
won  currency  the  telegraph  transfer  sales  rate  towards  customer shall be
applied.

ARTICLE  8  SECURITY  AND  INSURANCE

The loanee will pledge any buildings or installed facilities along with the land
or  building it is built on and including any miscellaneous facilities within as
a  security  to  the  bank  unless  otherwise stated by the bank. If the bank so
requests,  the  loanee  shall enter into an insurance of the type and the amount
agreed  by  the  bank  and  place  a pledge for the bank on the insurance claim.

ARTICLE  9  SECURITY  RIGHT

1.  A  pledge  has  been  placed  on the deposit shown below and transfer of its
evidence  (bank  book) to the bank complete for the security of the debt by this
contract.

2. The effect of the pledge in Clause 1 includes principal and interest, earning
rights (includes any amount deposited after the contract) and any collaterals to
the above including interests, earning rights to earnings, special subsidies and
court  subsidies.

3
<PAGE>
3.  The  effects  of the above pledge will persists in the event of extension of
period,  rewriting,  renewal, division, incorporation, augmentation or reduction
of the deposit, and if the trust, the target, has been extended or automatically
extended  due  to  arrears  the  pledge will still have effect above its earning
rights.

4.  The bank may elect not to exercise the pledge stated in Clause 1 and instead
opt for proxy appropriation of restoration repayment or apply commercial customs
for  the  debt  of  the bank and the deposit shown below according to the bank's
standard  contract  of  loan  transaction.

*  Deposits  for  the  purpose  of  pledge
<TABLE>
<CAPTION>
<S>   <C>               <C>          <C>                   <C>                          <C>           <C>

        Deed record     Holder or
        number          truster      Amount                Total deposit
Type    --------------  -----------  (Contractual          Amount til                   Date on deed  Payment date
                                     Amount)               20  .  .
        Account number  Beneficiary
------  --------------  -----------  --------------------  ---------------------------  ------------  ------------

        --------------  -----------

------  --------------  -----------  --------------------  ---------------------------  ------------  ------------

        --------------  -----------

------  --------------  -----------  --------------------  ---------------------------  ------------  ------------

        --------------  -----------

------  --------------  -----------  --------------------  ---------------------------  ------------  ------------
</TABLE>

ARTICLE  10  DUTY OF MAINTENANCE OF REPAYMENT MEANS

1.  I  shall maintain adequate financial ratio as shown below for the purpose of
maintaining  repayment  means  for  the  debts incurred by this contract. In the
event  of  other  clauses  such  as Financial Structure Improvement, it shall be
affixed  to  the  end of this transaction contract and considered a part of this
transaction  contract.

Classification     20  .     20  .     20  .     20  .     20  .
--------------     -----     -----     -----     -----     -----
 Debt ratio            %         %         %         %         %
 Self asset ratio      %         %         %         %         %
 (      )ratio         %         %         %         %         %
 (      )ratio         %         %         %         %         %

                                        4

<PAGE>
2. In the event of the following, the bank shall be consulted and agreed upon in
advance.

     1.  Merger,  business  transfer/acquisition  and  other  sale/rent  of
     important  assets

     2.  Investment  on  fixed  assets  for  reasons other than specified in the
     contract

     3.  Surety  for  other's  debts

     4.  Entering  new  business  or  foreign  investment

     5.  Company  structure  work  out,  privatization, or any other significant
     management  changes

3.  I  shall agree to the acts of following sections if the bank so requires for
the  maintenance  of  the  transaction  contract.

     1.  Sales  of  owned  real  estates  or  securities

     2.  Investment  of  majority  shareholder

     3.  Issuance  of  new  shares  to  be  purchased  or  going  public  of the
     company

4.  The  1st  and  the  3rd  Clause  will only be applied in the presence of any
special  agreements  for  each  Clause  between  the  loanee  and  the  bank.

ARTICLE  11  SUBMISSION  OF  DATA

1.  I  agree  to  submit the following documents stated below in each respective
period and any other documents required for the maintenance of the loan contract
on  the bank's request according to bank's standard contract of loan transaction
Article  17  and  Article  19.

     1.  Each  quarter  :  Surtax  returns,  trial  balance  of  totals  and
     balances,  statement  of current debts, sales estimates to customers and of
     items

     2.  Each  half-year  :  Half-year  accounts  report,  surtax returns, trial
     balance of totals and balances, statement of current debts, sales estimates
     to  customers  and  of  items

     3.  Each  year  :  Certified  public  accountant's  inspection  report
     (financial  statement  of  settlements),  related statement of settlements,
     corporation  registration transcript, business registry, shareholders book,
     article  of  corporation,  summary  sheet  of  earned income tax collected,
     estimated  statement  of  settlements  (3  years),  state of major business
     relations, copies each permits and technology permit related documents (KS,
     ISO, patent rights, etc), labor-management dispute statement, miscellaneous
     product  descriptions,  concentric  trades  reference  data,  etc.

     4.  On  demand  :  Trial  balance  of  totals  and  balances,  statement of
     current  debts,  documentary  evidence  of  asset  spending,  etc.

2.  I  agree to submission of the following documents on request of the bank for
the  purpose  of  the  company's  foreign  currency  risk  state and maintenance
conditions  in  evaluating  credit  information.

     1.  Foreign  currency  risk  maintenance  structure  and  maintenance
     regulations  conditions

     2.  Foreign  currency  supply  and  application  statement

     3.  Foreign  currency  derivative  product  trade  statement

ARTICLE  12  MISCELLANEOUS  SPECIAL  CLAUSES

                                  (Name)                                  (Sign)
----------------------------------------     -----------------------------------

I have received the bank's standard contract of loan transaction and the copy of
this  contract,  and  have  sufficiently  heard  and  understood  its  contents

                                  (Name)                                  (Sign)
----------------------------------------     -----------------------------------

                                        5
<PAGE>EXHIBIT 10.19

                CONTRACT OF COMPREHENSIVE LOAN LIMIT TRANSACTION
                                  (Enterprise)

Choheung Bank                                                 Date   200  .  .
                         Name                              (Sign)
                                ---------------------------------
                         Address

I  understand  that  in  the  loan  transaction  with  Corporation Choheung bank
(hereinafter referred to as the "Bank") according to the conditions hereinafter,
the  standard  contract  of  loan  transaction  (includes  deposits  transaction
contract,  current  account  loan  and  savings  loan)  will  be applied. I duly
recognize  the  following  articles.

ARTICLE  1  LOAN  LIMIT
1.  The  loan  limit  agreed upon is as follows. Each loan (for foreign currency
loans,  the  customer  telegraph  sales rate will apply) within independent loan
subject limit cannot exceed the loan type limit (general, trust loan and foreign
currency  related  loan),  the  sum of balance of loan subject cannot exceed the
comprehensive  loan  limit.
<TABLE>
<CAPTION>
<S>            <C>              <C>              <C>           <C>                  <C>
Comprehensive  Loan type limit                   Loan subject  limit
Loan Limit     --------------------------------  -----------------------------------------------------
               Classification   Amount           Loan Subject  Loan (Limit) Amount  Transaction method
-------------  ---------------  ---------------  ------------  -------------------  ------------------
                                                               won
                                                 ------------  -------------------  ------------------
Won                             Two billion won                won
                                                 ------------  -------------------  ------------------
                                                               won
-------------  ---------------  ---------------  ------------  -------------------  ------------------
</TABLE>

2.  For limit transaction loan in Clause 1, loan and repayment maybe freely made
within  the  limit  amount  and the period, for independent loan the loan amount
shall  be  repaid  in  whole  sum  by  the  end  of  agreement.

3.  For  limit  transaction  loan a separate period maybe set for one revolution
period  and  independent  loan  period.  This  period is determined by the bank.

4.  In  the  event  of  loan  transaction  of the bank on behalf of the debtor's
request  within  the  limit  (limit  set  with  other  loan  subjects within the
agreement  period  in  Clause  1 limit allowance for loan subjects and Article 2
agreement  period),  this  clause  will  still  apply.

5.  In  the  event  of  loan  transaction  of the bank on behalf of the debtor's
request  but  it  exceeds  the  limit in Clause 1, this clause will still apply.

ARTICLE  2  AGREEMENT  PERIOD

The  comprehensive  loan  limit  agreement  period  from  this  contract is till

                                        1
<PAGE>
ARTICLE  3  INTERESTS  AND  ARREARS  COMPENSATION

1.  Interests,  securities  and  arrears  compensation for the loan amount is as
follows  and  its  calculation  method  and time of payment is determined by the
bank.  365  days  are  considered  as  1 year, interest is calculated on a daily
basis.  But for foreign transactions, international and business customs will be
applied.
<TABLE>
<CAPTION>
<S>            <C>                             <C>
               Interest rate, security charge
Loan subject   rate                            Arrears compensation rate
-------------  ------------------------------  -------------------------
                                         % pa                       % pa
-------------  ------------------------------  -------------------------
                                         % pa                       % pa
-------------  ------------------------------  -------------------------
                                         % pa                       % pa
-------------  ------------------------------  -------------------------
                                         % pa                       % pa
-------------  ------------------------------  -------------------------
</TABLE>

2.  In the event interests, installment payment or installment payment principal
and  interest  is  not  paid by the due date, arrears compensation shall be made
according  to  the  amount  that  was  to  be  paid.

3.  In  the  event  the  debt is not discharged at the expiry of the loan or the
interest  of  the  expiry  date  is  lost,  arrears  compensation  shall be made
according  to  the  amount  of  loan  remaining.

4.  For  discretionary loan and current account loan, arrears compensation shall
be  made  if  the  limit amount is exceeded through payout or interest principal
according  to  the  amount  exceeded.

5.  For  payment  guarantee (including transfer of bills) the bank shall pay the
arrears compensation from the time of fulfillment to the time of payment for the
amount  the  bank  has  guaranteed, and for period where payment of guarantee is
delayed  or period where primary debt is not fulfilled but the guarantee payment
is  expired,  the  bank shall pay arrears compensation for agreed guarantee fee.
For period where primary debt is fulfilled but not notified to the bank, special
compensation  shall  be  made  according  to  the  agreed guarantee amount rate.

ARTICLE  4  EXECUTION  OF  LOAN

To use the independent loan within the limit range of loan subject in Article 1,
pre  determined  application  will  be  submitted  to  the  bank.

ARTICLE  5  REPAYMENT  OF  LOAN

The  repayment  date for the loan executed as to Article 1 and Article 2 will be
determined  by  the  clauses  hereinafter.

1. Repayment date for independent loan executed according to this contract shall
be  determined  at  its  execution.  For  current  account loan, general savings
revolving  loan, trust loan and revolving loan, the repayment date is within the
agreed  period  in  Article  2.  If there are no specific clauses in the section
before  or  is  unclear,  the debtor shall make repayments on the repayment date
decided  by  the  bank  based  on  bills  and  other  debt  deeds.

                                        2
<PAGE>
ARTICLE  6  REDUCTION  AND  SUSPENSION

The  bank  may  decide  to  reduce  the loan (limit) amount in Article 1 through
notice  or  temporarily  stop  the  loan execution regardless of the transaction
period  due  to  sudden  changes  in national economy and financial state or for
maintenance  of  rights. In this event the debtor shall pay any amount exceeding
the  line  due  to  the  reduction.

ARTICLE  7  UNUSED  LIMIT  CONTRACT  SERVICE  CHARGE

1.  For  loan  transaction  contracts of loan limits with limit contract service
charge,  the  entire unused amount in accordance with the rate determined by the
bank  will  be  paid.

ARTICLE  8  SUBMISSION  OF  BILL  OF DEBT AND CONFERMENT OF SUPPLEMENTARY RIGHTS

1.  When  applying for loan, a bill of debt excluding its value and payment date
will  be  published,  endorsed  by  joint  surety  and  submitted  to  the bank.

2. The bank may supplement and exercise the blank bill in Clause 1 if the debtor
does not pay the debts until the expiry of repayment date or transaction period,
or  loses  its  rights.

3.  The  amount  of bill in the event of exercising Clause 2 shall be within the
sum  of principal, interests, arrays compensations and other miscellaneous costs
incurred.

ARTICLE  9  REPAYMENT  CURRENCY  AND  EXCHANGE  RATES

Principal  and  interest  of  foreign  currency  loan  may be repaid with loaned
currency  or  with won currency. Exchange rate in the event of repayment through
won  currency  the  telegraph  transfer  sales  rate  towards  customer shall be
applied.

ARTICLE  10  AGREEMENT  ON  SAVINGS  LIMIT  LOAN  AND  CURRENT  ACCOUNT  LOAN

1.  In  the  event  of  existence  of debt incurred by this contract, and assets
(deeds are exempted until settled, deposited bills are considered transferred to
the  bank  as  a  security  to the bank) deposited registered in savings loan or
current  account  loan  (hereinafter  referred  to as the "target account") will
automatically  used  to  repay loan amount in the order of arrears compensation,
unpaid  interests  and  loan  principal.

2.  In the event of withdrawal request exceeding the balance of the savings loan
account  or  current  account loan account, automatic payment request of regular
payment  and  other  various  bills,  the  amount  is  considered as having been
withdrawn  or  automatically  paid  from  the  target  account.

3.  The  bank at its own discretion may payout amount exceeding limit in Article
1,  which  will  be  repaid  soon.

4.  Interest  or  arrears  compensation is subtracted from the target account or
added  to  the  loan amount regardless of the limit in Article 1, which shall be
repaid  soon.

                                        3
<PAGE>
5.  For  current  account  loan,  in  the  event of incurring claims to the bank
through  bills  or  checks issued by the debtor due to this contract, the amount
shall  be  considered as loan amount debt and repaid according to this contract.

6.  For  current  account  loan,  if  bills or checks issued before reduction or
suspension  in  Article  6  is  refused  payout,  there  will  be  no  disputes.

7.  For  current  account  loan,  loan period before initial revolution shall be
determined  by  the  bank.  The  bank  at its own discretion may issue checks or
bills  that  were  issued before the expiry of loan period after the expiry, and
for  any  loan  amounts  incurred  this  contract  is  applied.

ARTICLE  11  SECURITY  AND  INSURANCE

The debtor will pledge any buildings or installed facilities along with the land
or  building it is built on and including any miscellaneous facilities within as
a  security  to  the  bank  unless  otherwise stated by the bank. If the bank so
requests,  the  debtor  shall enter into an insurance of the type and the amount
agreed  by  the  bank  and  place  a pledge for the bank on the insurance claim.

ARTICLE  12  AGREEMENTS  ON  PAYMENT  GUARANTEE

1. The bank may stand surety exceeding the period or the amount set in Article 1
or  the  period  set  in Article 2 on the request of the debtor.  This agreement
applies  to  the  exceeded  amount.

2.  The  bank  on  basis  of this agreement may fulfill the guarantee before the
expiry of guarantee date according to a separate prior payment without notice to
the debtor and regardless of the expiry of the primary debt and the debtor shall
repair  the  guarantee  the  bank  has  fulfilled  instead.

3.  The  debtor  does not incur responsibilities on the bank on the primary debt
guaranteed by the bank by depositing the payment funds the day before payment or
fulfilling  the  debt  on  the  day  of  payment.

4.  On  fulfillment of the debt by the debtor or termination of the primary debt
through  offset,  immunity  or  expiration,  and  the  opposing  party  requests
fulfillment  of  the  contract  or the bank's guarantee is affected by pledge or
changes  in  expiration,  the  debtor  immediately  informs  the  bank.

5.  In the event the bank fulfills the guarantee on request of the claimant upon
delay  of  the notification in clause 5, the debtor shall make compensations for
the  amount  as  repayment  debt.

ARTICLE  13  MISCELLANEOUS  SPECIAL  CLAUSES

I have received the bank's standard contract of loan transaction and the copy of
this  contract,  and  have  sufficiently  heard  and  understood  its  contents

----------

                                        4
<PAGE>

4.  The  current  comprehensive loan limit due to previous clauses 1 and 2 limit
amount  alteration  and  period  extension  on  is  confirmed  as  follows.

Comprehensive  loan limit:     US  $  One  million  sixteen  hundred  thousand
--------------------------     -----------------------------------------------

<TABLE>
<CAPTION>

<S>    <C>      <C>      <C>          <C>       <C>          <C>
Loan            Lone
type   Loan     (limit)  Transaction  Applied   Transaction
limit  Subject  amount   period       interest  method       Miscellaneous
-----  -------  -------  -----------  --------  -----------  -------------

-----  -------  -------  -----------  --------  -----------  -------------

-----  -------  -------  -----------  --------  -----------  -------------

-----  -------  -------  -----------  --------  -----------  -------------

-----  -------  -------  -----------  --------  -----------  -------------
</TABLE>

                                        5
<PAGE>

Revenue
Stamp
-----

           ADDITIONAL CONTRACT ON COMPREHENSIVE LOAN LIMIT TRANSACTION
           -----------------------------------------------------------
                   (For limit augmentation, period extension)

Choheung  Bank                                         2004.6.

                              Name                        (sign)
                              ----------------------------------
                              Address

                              Joint Surety                (sign)
                              ----------------------------------
                              Address

                              Joint  Surety               (sign)
                              ----------------------------------
                              Address

In  addition to the comprehensive loan limit transaction contract, the following
changes  are  added.

1.  Comprehensive  loan  limit  amount
<TABLE>
<CAPTION>

<S>            <C>              <C>     <C>            <C>              <C>
Before change                           After change

--------------------------------------  --------------------------------------
Comprehensive  Loan type limit          Comprehensive  Loan type limit
loan limit     -----------------------  loan limit     -----------------------
amount         Classification   Amount  amount         Classification   Amount
-------------  ---------------  ------  -------------  ---------------  ------

-------------  ---------------  ------  -------------  ---------------  ------
</TABLE>

                                        6
<PAGE>
2.  Comprehensive  loan  limit  transaction  period  extension
<TABLE>
<CAPTION>
<S>                                <C>
Before change                      After change
---------------------------------  --------------------------------
Until  .  .                        Until  .  .
---------------------------------  --------------------------------
</TABLE>

3.  Miscellaneous  special  agreements

--------------------  ------------------------  ------------------------
Debtor        (sign)  Joint  surety     (sign)  Joint  surety     (sign)

4.  The  current  comprehensive loan limit due to previous clauses 1 and 2 limit
amount  alteration  and  period  extension  on  is  confirmed  as  follows.

Comprehensive  loan limit:     US  $  One  million  200  hundred  thousand
--------------------------     -----------------------------------------------

<TABLE>
<CAPTION>

<S>    <C>      <C>              <C>          <C>       <C>          <C>
Loan            Lone
type   Loan     (limit)          Transaction  Applied   Transaction
limit  Subject  amount           period       interest  method       Miscellaneous
-----  -------  ---------------  -----------  --------  -----------  -------------
                US one million
                two hundred
                thousand
-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------
</TABLE>

                                        7
<PAGE>

Revenue
Stamp
-----

           ADDITIONAL CONTRACT ON COMPREHENSIVE LOAN LIMIT TRANSACTION
           -----------------------------------------------------------
                   (For limit augmentation, period extension)

Choheung  Bank                                         2004.6.24

                              Name                        (sign)
                              ----------------------------------
                              Address

                              Joint Surety                (sign)
                              ----------------------------------
                              Address

                              Joint  Surety               (sign)
                              ----------------------------------
                              Address

In  addition to the comprehensive loan limit transaction contract, the following
changes  are  added.

1.  Comprehensive  loan  limit  amount
<TABLE>
<CAPTION>

<S>             <C>              <C>             <C>            <C>              <C>
Before change                                    After change

-----------------------------------------------  ----------------------------------------------
Comprehensive   Loan type limit                  Comprehensive  Loan type limit
loan limit      -------------------------------  loan limit     -------------------------------
amount          Classification   Amount          amount         Classification   Amount
--------------  ---------------  --------------  -------------  ---------------  --------------
US one million                   US one million                                  US one million
two hundred                      two hundred                                     two hundred
thousand                         thousand                                        thousand
--------------  ---------------  --------------  -------------  ---------------  --------------
</TABLE>

                                        8
<PAGE>
2.  Comprehensive  loan  limit  transaction  period  extension
<TABLE>
<CAPTION>
<S>                                <C>
Before change                      After change
---------------------------------  --------------------------------
Until  .  .                        Until 2006.06.23
---------------------------------  --------------------------------
</TABLE>

3.  Miscellaneous  special  agreements

--------------------  ------------------------  ------------------------
Debtor        (sign)  Joint  surety     (sign)  Joint  surety     (sign)

4.  The  current  comprehensive loan limit due to previous clauses 1 and 2 limit
amount  alteration  and  period  extension  on  is  confirmed  as  follows.

Comprehensive  loan limit:     US  $  One  million  200  hundred  thousand
--------------------------     -----------------------------------------------

<TABLE>
<CAPTION>

<S>    <C>      <C>              <C>          <C>       <C>          <C>
Loan            Lone
type   Loan     (limit)          Transaction  Applied   Transaction
limit  Subject  amount           period       interest  method       Miscellaneous
-----  -------  ---------------  -----------  --------  -----------  -------------
                US one million
                two hundred
                thousand
-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------

-----  -------  ---------------  -----------  --------  -----------  -------------
</TABLE>

                                        9
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]