Company Profile For Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Company Limited is a financial holding company established in Republic of Korea. The Company has developed and introduced a range of financial products and services in Korea to deliver financial solutions to the clients, through one-portal network. The services provided by the Company include commercial banking services consisting of retail banking services and corporate banking services; treasury and securities investment; trust account management services provided by Shinhan Bank; credit card services; securities brokerage services; insurance services consisting of life insurance services and bancassurance; asset management services, including brokerage and trading of various securities, related margin lending and deposit and trust services, and other asset management services, and other services, including leasing and equipment financing, investment trust management, regional banking, investment banking advisory and loan collection and credit reporting.

BRIEF: For the fiscal year ended 31 December 2008, Shinhan Financial Group Co., Ltd.'s interest income increased 18% to W16.329T. Net interest income after loan loss provision increased 3% to W6.413T. Net income applicable to Common decreased 17% to W1.769T. Net interest income reflects increased interest income from loans, security available for sale and decreased interest expense on deposits. Net income was offset by increased donations paid.

Shinhan Financial Group Co., Ltd.
120, Taepyungro-2 Ga
Joong-Gu
Seoul     100-865
P: +822.63603000
F: +822.62638070

88