Bae Myung Metal (011800)   STOCK Address 654-2,CHOJI-DONG, DANWON-GU, ANSAN-SI Home Page www.baemyungmetal.co.kr Established 1976.12.21 Tel 031-490-0300 Listed 1990. 7.14 IR 031-490-0324 Common shares O/S 48,090,602 President Choe,Seok Bae Preferred shares O/S No.of Employees 57(2009. 9) Sales decreased from the preceding year as sales of stainless round bars decreased due to decreased demand for electric, electronic and environment equipment and reduced facility investment due to business recession. Operating income increased over the preceding year with reduced sales and export expenses while sales cost declined. 7.9 billion won loan to China subsidiary Qindao Baemyeong Metal Ltd. but risk is low in view of its active performance. Sales will increase with growing orders thanks to economic recovery while additional sales will be made by the newly completed titanium facility. Profit increase slightly with increased sales and declining raw material prices though depreciation will increase due to the newly completed titanium facility. Financial structure needs be improved with insufficient cash assets for short-term borrowings though net worth increased with rights issue twice in 2009. (date: 2009.06, unit : %) Name Choi Seokbae Kim Yeongja Portion 14.9 3.9 (unit : %) Sales Stainless seamless 29.8 Cost Raw Materials stainless Bar 27.1 Labors Convexo-plane Stainless 12.0 Overhead (Unit : 100Mn.Won,Won) Year 00. 1 07. 9 ~08.12 09. 3 09. 4 Type SS RI CB RI RI Amount 500.00  56.50  0.95  5.88  65.67