Ssangyong Motor

Creditors of Ssangyong Motor Co., South Korea's fourth-largest carmaker, will choose a priority negotiator for
the company this month, according to informed sources Wednesday. Chohung Bank, the automaker's main
creditor, embarked on an examination of the terms for the sale in order to make the choice this month, they
said. - Source from Yonhap News (Jun 2,2004) -