Company Profile For Daewoo Engineering & Construction Co Ltd

Daewoo Engineering & Construction Co., Ltd. is a Korea-based company engaged in architectural, civil and engineering business. The Company operates its business through five divisions: architecture, civil engineering, plant, housing and overseas divisions. Its architecture division constructs residential and commercial buildings, apartment complexes and factory facilities. The civil engineering division provides construction services for highways, railways, bridges, harbors and reclamation. Its plant division provides construction and installation services for nuclear, waste water treatment, power generating and oil refining plants. The housing division is engaged in the sale and contracting of apartments and shopping districts. The overseas business includes construction, civil engineering and plant construction works. In addition, the Company is involved in the leasing and sale of real restate business.

BRIEF: For the fiscal year ended 31 December 2008, Daewoo Engineering & Construction's revenues increased 7% to W6.591T. Net income decreased 75% W246.14B. Revenues reflect an increased foreign and domestic income from construction projects. Net income was offset by lower gain on disposal of tangible assets, higher interest expense, higher loss on foreign currency translation and the presence of W57.04B in loss on valuation of derivatives.

Daewoo Engineering & Construction Co Ltd
541, Namdaemoonroh 5-Ga
Joong-Gu
Seoul     100-790
P: +822.22885400
F: +822.22883976

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