First, I would like to express my appreciation for your unwavering support and affection shown toward Shinhan Bank.

Shinhan Bank has stayed at the forefront of Korean Financial Industry, and as the Pride of Korean Financial Industry, we have acted as a pioneer for opening up new frontiers in banking.

Based on Shinhan Bank¡¯s solid strength, built up from past successes, we, the thirteen thousand Shinhan Family, would aim to create a new formula for success that would create Strong & Healthy Bank that could withstand any crisis.

Because of the global financial crisis and consequent economic hardship, there is an enormous sense of uncertainty in the economic atmosphere. However, we, at Shinhan Bank, have prepared well in advance for the unfolding crisis. We are confident we could weather the storm unscathed.

Furthermore, Shinhan Bank will aim to become public-conscious bank which helps our neighbors and society at large.

Within the bank, we would seek to improve our commitment to ethics management, and to the outside, we would try our utmost to meet the expectations placed on us so as to become a bank which earns the trust and respect of our clients and society.

In the future, I would ask for your continued interest and support for 'THE Bank Shinhan, Pride of Korean Financial Industry.'

As we greet the new era of Shinhan Bank, I wish you all of you a good health and happiness.

Thank you very much.
President & CEO   Lee Baek Soon