We will see dramatic changes for the company in 2006 amid uncertainty both at home and abroad. In 2005 we made becoming a major world player our next goal, and this will be rigorously pursued in 2006 as we work to strengthen our profitability.

Moreover, we have adopted the new Partner for Life slogan as we transform our image to that of a future-oriented, people- oriented and confident company. We will leverage this image to reinforce our position as an innovative global player. This effort is in line with our brand management program, which is about communicating our vision to markets and customers. We will continue to bolster the Samsung Life Insurance name and emerge as a global player with over KRW100 trillion in total assets.

Samsung Life Insurance stands at an important juncture, poised to achieve a quantum leap from Koran market leader to global prominence. The core global competencies for this transition are secured by hiring the best human resources, adopting the best systems and nurturing the best corporate culture. To this end, we are increasing our investments in training and are revamping our systems to remain ahead of the competition. In addition, we are acquiring future business drivers by making inroads into the emerging Chinese, Indian and Thai markets. We will build a sound management system, nurturing the necessary global competencies for us to become a major world player.

Our new management paradigm in the 21st century is to be a highly respected company. Our shared values of caring for customers and adhering to ethical practice present the uncompromising foundation of our management system. As we practice these values, we remain the industry leader in Korea that is trusted by our customers and stakeholders in business as well as society.
I respectfully ask for your continued support.