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KB Financial (KB)

Filed: 10 Feb 14, 7:00pm

 

 

          CUSIP NO. 48241A105                    13G                               Page 1 of 14

 

 

                                                                                   UNITED STATES

                                                              SECURITIES AND EXCHANGE COMMISSION

                                                                          Washington, D.C. 20549

 

                                                                                    SCHEDULE 13G

 

                                                       Under the Securities Exchange Act of 1934

                                                                              (Amendment No. 3)*

 

                                                                         KB Financial Group Inc.

                                                                                (Name of Issuer)

 

                         American Depositary Shares, each representing one share of Common Stock

                                                                  (Title of Class of Securities)

 

                                                                                       48241A105[1]

 

                                                                                  (CUSIP Number)

 

                                                                               December 31, 2013

                                         (Date of Event Which Requires Filing of this Statement)

 

          Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

          [X] Rule 13d‑1(b)

          [ ] Rule 13d‑1(c)

          [ ] Rule 13d‑1(d)

 

     *The remainder of this cover page shall be filled out for a reporting person's

          initial filing on this form with respect to the subject class of securities, and

          for any subsequent amendment containing information which would alter the

          disclosures provided in a prior cover page.

 

          The information required in the remainder of this cover page shall not be deemed

          to be "filed" for the purpose of Section 18 of the Securities Exchange Act of

          1934 ("Act") or otherwise subject to the liabilities of that section of the Act

          but shall be subject to all other provisions of the Act (however, see the

          Notes).  

 

 


 

 

 

 

          CUSIP NO. 48241A105                    13G                               Page 2 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Franklin Resources, Inc.

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a) 

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      Delaware 

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.     SOLE VOTING POWER

 

                                   (See Item 4)

                      6.     SHARED VOTING POWER

 

                                   (See Item 4)

                      7.     SOLE DISPOSITIVE POWER

 

                                   (See Item 4)

                      8.     SHARED DISPOSITIVE POWER

 

                                   (See Item 4)

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                       27,851,694  

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                       CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                       7.2% 

 

          12.   TYPE OF REPORTING PERSON

 

                       HC, CO (See Item 4)

 


 

 

 

 

          CUSIP NO. 48241A105                    13G                               Page 3 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Charles B. Johnson

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a) 

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      USA 

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.    SOLE VOTING POWER

 

                                  (See Item 4)

 

                      6.    SHARED VOTING POWER

 

                                  (See Item 4)

 

                      7.    SOLE DISPOSITIVE POWER

 

                                  (See Item 4)

 

                      8.    SHARED DISPOSITIVE POWER

 

                                  (See Item 4)

 

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                       27,851,694  

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                      CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                      7.2% 

 

          12.   TYPE OF REPORTING PERSON

 

                      HC, IN (See Item 4)

 


 

 

 

 

          CUSIP NO. 48241A105                    13G                               Page 4 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Rupert H. Johnson, Jr.

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a) 

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      USA 

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.    SOLE VOTING POWER

 

                                  (See Item 4)

 

                      6.    SHARED VOTING POWER

 

                                  (See Item 4)

 

                      7.    SOLE DISPOSITIVE POWER

 

                                  (See Item 4)

 

                      8.    SHARED DISPOSITIVE POWER

 

                                  (See Item 4)

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                       27,851,694  

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                      CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                      7.2% 

 

          12.   TYPE OF REPORTING PERSON

 

                      HC, IN (See Item 4)

 


 

 

 

 

          CUSIP NO. 48241A105                    13G                               Page 5 of 14

 

 

          Item 1.

 

          (a)   Name of Issuer

 

                      KB Financial Group Inc.

 

          (b)   Address of Issuer's Principal Executive Offices

 

           84, Namdaemoon-ro, Jung-gu,

           Seoul 100-703, Korea

 

          Item 2.

 

          (a)   Name of Person Filing

 

                      (i):   Franklin Resources, Inc.

 

                      (ii):  Charles B. Johnson

 

                      (iii): Rupert H. Johnson, Jr.

 

 

          (b)   Address of Principal Business Office or, if none, Residence

 

                      (i), (ii), and (iii):

                      One Franklin Parkway

                      San Mateo, CA 94403‑1906

 

          (c)   Citizenship

 

                      (i): Delaware

                      (ii) and (iii): USA

 

          (d)   Title of Class of Securities

 

                        American Depositary Shares, each representing one share of Common Stock

 

 

          (e)   CUSIP Number

 

                      48241A105 

 

 


 

 

 

          CUSIP NO. 48241A105                    13G                               Page 6 of 14

 

          Item 3.   If this statement is filed pursuant to §§240.13d‑1(b) or 240.13d‑2(b) or (c),

                              check whether the person filing is a:

 

                        (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

                        (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

                        (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c).

                        (d) [ ] Investment company registered under section 8 of the Investment Company Act

                                        of 1940 (15 U.S.C 80a‑8).

                        (e) [ ] An investment adviser in accordance with §240.13d‑1(b)(1)(ii)(E);

                        (f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d‑1(b)

                                        (1)(ii)(F); 

                        (g) [X] A parent holding company or control person in accordance with §240.13d‑1(b)

                                        (1)(ii)(G); 

                        (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit

                                        Insurance Act (12 U.S.C. 1813);

                        (i) [ ] A church plan that is excluded from the definition of an investment company

                                        under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.

                                        80a‑3); 

                        (j) [ ] A non‑U.S. institution in accordance with §240.13d‑1(b)(ii)(J);

                        (k) [ ] Group, in accordance with §240.13d‑1(b)(1)(ii)(K).

 

                        If filing as a non‑U.S. institution in accordance with §240.13d‑1(b)(1)(ii)(J),

                        please specify the type of institution:

 

          Item 4.  Ownership

 

          The securities reported herein are beneficially owned by one or more open ‑ or closed ‑

          end investment companies or other managed accounts that are investment management clients

          of investment managers that are direct and indirect subsidiaries (each, an “Investment

          Management Subsidiary” and, collectively, the “Investment Management Subsidiaries”) of

          Franklin Resources, Inc.(“FRI”), including the Investment Management Subsidiaries listed

          in this Item 4. When an investment management contract (including a sub‑advisory

          agreement) delegates to an Investment Management Subsidiary investment discretion or

          voting power over the securities held in the investment advisory accounts that are subject

          to that agreement, FRI treats the Investment Management Subsidiary as having sole

          investment discretion or voting authority, as the case may be, unless the agreement

          specifies otherwise. Accordingly, each Investment Management Subsidiary reports on

          Schedule 13G that it has sole investment discretion and voting authority over the

          securities covered by any  such investment management agreement, unless otherwise noted in

          this Item 4.  As a result, for purposes of Rule 13d‑3 under the Act, the Investment

          Management Subsidiaries listed in this Item 4 may be deemed to be the beneficial owners of

          the securities reported in this Schedule 13G.

 

 

          Beneficial ownership by Investment Management Subsidiaries and other FRI affiliates is

          being reported in conformity with the guidelines articulated by the SEC staff in Release

          No. 34‑39538 (January 12, 1998) relating to organizations, such as FRI, where related

          entities exercise voting and investment powers over the securities being reported

          independently from each other. The voting and investment powers held by Franklin Mutual

          Advisers, LLC (“FMA”), an indirect wholly‑owned Investment Management Subsidiary, are

          exercised independently from FRI and from all other Investment Management Subsidiaries

          (FRI, its affiliates and the Investment Management Subsidiaries other than FMA are

          collectively, “FRI affiliates”).  Furthermore, internal policies and procedures of FMA and

          FRI establish informational barriers that prevent the flow between FMA and the FRI

          affiliates of information that relates to the voting and investment powers over the

          securities owned by their respective investment management clients.  Consequently, FMA and

          the FRI affiliates report the securities over which they hold investment and voting power

          separately from each other for purposes of Section 13 of the Act.

 

     Charles B. Johnson and Rupert H. Johnson, Jr. (the “Principal Shareholders”) each own in

          excess of 10% of the outstanding common stock of FRI and are the principal stockholders of

          FRI.  FRI and the Principal Shareholders may be deemed to be, for purposes of Rule 13d‑3

 


 
 

 

           

 

CUSIP NO.      48241A105                    13G                               Page 7 of 14

 

         under the Act, the beneficial owners of securities held by persons and entities for whom

         or for which FRI subsidiaries provide investment management services.  The number of

         shares that may be deemed to be beneficially owned and the percentage of the class of

         which such shares are a part are reported in Items 9 and 11 of the cover pages for FRI and

         each of the Principal Shareholders.  FRI, the Principal Shareholders and each of the

         Investment Management Subsidiaries disclaim any pecuniary interest in any of  such

         securities.  In addition, the filing of this Schedule 13G on behalf of the Principal

         Shareholders, FRI and the FRI affiliates, as applicable, should not be construed as an

         admission that any of them is, and each  of them disclaims that it is, the beneficial

         owner, as defined in Rule 13d‑3, of any of the securities reported in this Schedule 13G.

 

         FRI, the Principal Shareholders, and each of the Investment Management Subsidiaries

         believe that they are not a “group” within the meaning of Rule 13d‑5 under the Act and

         that they are not otherwise required to attribute to each other the beneficial ownership

         of the securities held by any of them or by any persons or entities for whom or for which

         the Investment Management Subsidiaries provide investment management services.

 

                     (a)    Amount beneficially owned:

 

                                    27,851,694  

 

                     (b)    Percent of class:

 

                                   7.2% 

 

                     (c)    Number of shares as to which the person has:

 

                             (i)   Sole power to vote or to direct the vote

 

                                         Franklin Resources, Inc.:                                             0

 

                                         Charles B. Johnson:                                                   0

 

                                         Rupert H. Johnson, Jr.:                                               0

 

                                         Templeton Global Advisors Limited:                           16,349,556

 

                                         Templeton Investment Counsel, LLC:                            6,616,160

 

                                         Franklin Templeton Investments Corp.:                           892,453

                                         Franklin Templeton Portfolio Advisors, Inc.[2]:                466,938

 

                                         Franklin Advisers, Inc.:                                        195,483

 

                                         Templeton Asset Management Ltd.:                                175,010

 

                                         Franklin Templeton Investment Management Limited:               114,105

 

                                         Franklin Templeton Investments Australia Limited:                37,628

 

                                         Franklin Templeton Investments (Asia) Ltd.:                      36,133

 

 

                           (ii)   Shared power to vote or to direct the vote

 

                                         Templeton Global Advisors Limited:                               90,474

 

                         (iii)   Sole power to dispose or to direct the disposition of

 

                                         Franklin Resources, Inc.:                                             0

 

                                         Charles B. Johnson:                                                   0

 

                                         Rupert H. Johnson, Jr.:                                               0

 

 


 
 
 
 

 

 

         CUSIP NO. 48241A105                    13G                               Page 8 of 14

 

                                         Templeton Global Advisors Limited:                           16,611,360

 

                                         Templeton Investment Counsel, LLC:                            7,798,889

 

                                         Franklin Templeton Investment Management Limited:               977,152

 

                                         Franklin Templeton Investments Corp.:                           892,453

 

                                         Franklin Templeton Portfolio Advisors, Inc.:                    466,938

 

                                         Franklin Advisers, Inc.:                                        195,483

 

                                         Templeton Asset Management Ltd.:                                175,010

 

                                         Franklin Templeton Investments Australia Limited:                37,628

 

                                         Franklin Templeton Investments (Asia) Ltd.:                      36,133

 

                           (iv)   Shared power to dispose or to direct the disposition of[3]

 

                                         Templeton Global Advisors Limited:                              622,023

                                                                                                                                                                                             

                                         Templeton Investment Counsel, LLC:                               38,625

 

         Item 5.  Ownership of Five Percent or Less of a Class

 

                           If this statement is being filed to report the fact that as of the date hereof

                           the reporting person has ceased to be the beneficial owner of more than five

                           percent of the class of securities, check the following [ ]. 

 

         Item 6.  Ownership of More than Five Percent on Behalf of Another Person

 

                           The clients of the Investment Management Subsidiaries, including investment

                           companies registered under the Investment Company Act of 1940 and other

                           managed accounts, have the right to receive or power to direct the receipt of

                           dividends from, and the proceeds from the sale of, the securities reported

                           herein. 

 

         Item 7.  Identification and Classification of the Subsidiary Which Acquired the

                           Security Being Reported on By the Parent Holding Company

 

                           See Attached Exhibit C

 

         Item 8.  Identification and Classification of Members of the Group

 

                           Not Applicable

 

         Item 9.  Notice of Dissolution of Group

 

                           Not Applicable

 

 


 
 

 

 

 

         CUSIP NO. 48241A105                    13G                               Page 9 of 14

 

 

         Item 10. Certification

 

         By signing below I certify that, to the best of my knowledge and belief, the

         securities referred to above were acquired and are held in the ordinary course of

         business and were not acquired and are not held for the purpose of or with the

         effect of changing or influencing the control of the issuer of the securities and

         were not acquired and are not held in connection with or as a participant in any

         transaction having that purpose or effect.

 

         Exhibits 

 

         Exhibit A ‑ Joint Filing Agreement

         Exhibit B ‑ Limited Powers of Attorney for Section 13 Reporting Obligations

         Exhibit C ‑ Item 7 Identification and Classification of Subsidiaries

 

         SIGNATURE 

 

         After reasonable inquiry and to the best of my knowledge and belief, I certify that

         the information set forth in this statement is true, complete and correct.

 

         Dated:   February 4, 2014

 

         Franklin Resources, Inc.

 

           

 

 

 

         By:     /s/LORI ANN WEBER

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ 

 

                         Lori Ann Weber

                         Assistant Secretary of Franklin Resources, Inc.

 

 

 

 

     Charles B. Johnson

 

         Rupert H. Johnson, Jr.

 

 

 

 

         By:     /s/ROBERT C. ROSSELOT

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ 

 

                         Robert C. Rosselot

                           

                         Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney

                         attached to this Schedule 13G

 

                         Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney

                         attached to this Schedule 13G

 


 
 

 

 

 

         CUSIP NO. 48241A105                    13G                               Page 10 of 14

 

         EXHIBIT A

 

         JOINT FILING AGREEMENT

 

         In accordance with Rule 13d‑1(k) under the Securities Exchange Act of 1934, as amended,

         the undersigned hereby agree to the joint filing with each other of the attached

         statement on Schedule 13G and to all amendments to such statement and that such

         statement and all amendments to such statement are made on behalf of each of them.

 

         IN WITNESS WHEREOF, the undersigned have executed this agreement on February 4, 2014.

 

         Franklin Resources, Inc.

 

           

 

 

 

         By:     /s/LORI ANN WEBER

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ 

 

                         Lori Ann Weber

                         Assistant Secretary of Franklin Resources, Inc.

 

 

 

 

     Charles B. Johnson

 

         Rupert H. Johnson, Jr.

 

 

 

 

         By:     /s/ROBERT C. ROSSELOT

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑ 

 

                         Robert C. Rosselot

                           

                         Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney

                         attached to this Schedule 13G

 

                         Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney

                         attached to this Schedule 13G

 


 
 

 

 

         CUSIP NO. 48241A105                    13G                               Page 11 of 14

 

         EXHIBIT B

 

                                                                          LIMITED POWER OF ATTORNEY

                                                                                                FOR 

                                                                   SECTION 13 REPORTING OBLIGATIONS

 

               Know all by these presents, that the undersigned hereby makes, constitutes and appoints

         each of Robert Rosselot and Maria Gray, each acting individually, as the undersigned’s

         true and lawful attorney‑in‑fact, with full power and authority as hereinafter described

         on behalf of and in the name, place and stead of the undersigned to:

 

         (1)     prepare, execute, acknowledge, deliver and file Schedules 13D and 13G (including

         any amendments thereto or any related documentation) with the United States Securities and

         Exchange Commission, any national securities exchanges and Franklin Resources, Inc., a

         Delaware corporation (the “Reporting Entity”), as considered necessary or advisable under

         Section 13 of the Securities Exchange Act of 1934 and the rules and regulations

         promulgated thereunder, as amended from time to time (the “Exchange Act”); and

 

         (2)     perform any and all other acts which in the discretion of such attorney‑in‑fact

         are necessary or desirable for and on behalf of the undersigned in connection with the

         foregoing. 

 

                   The undersigned acknowledges that:

 

         (1)   this Limited Power of Attorney authorizes, but does not require, each such

         attorney‑in‑fact to act in their discretion on information provided to such

         attorney‑in‑fact without independent verification of such information;

 

         (2)   any documents prepared and/or executed by either such attorney‑in‑fact on behalf of

         the undersigned pursuant to this Limited Power of Attorney will be in such form and will

         contain such information and disclosure as such attorney‑in‑fact, in his or her

         discretion, deems necessary or desirable;

 

         (3)   neither the Reporting Entity nor either of such attorneys‑in‑fact assumes (i) any

         liability for the undersigned’s responsibility to comply with the requirements of the

         Exchange Act or (ii) any liability of the undersigned for any failure to comply with such

         requirements; and

 

         (4)   this Limited Power of Attorney does not relieve the undersigned from responsibility

         for compliance with the undersigned’s obligations under the Exchange Act, including

         without limitation the reporting requirements under Section 13 of the Exchange Act.

 

               The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full

         power and authority to do and perform all and every act and thing whatsoever requisite,

         necessary or appropriate to be done in and about the foregoing matters as fully to all

         intents and purposes as the undersigned might or could do if present, hereby ratifying all

         that each such attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully

         do or cause to be done by virtue of this Limited Power of Attorney.

 

               This Limited Power of Attorney shall remain in full force and effect until revoked by

         the undersigned in a signed writing delivered to each such attorney‑in‑fact.

 

         IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be

         executed as of this        30th              day of           April       ,  2007

 

                                                                                                                     /s/Charles B. Johnson

                                                                                                                     Signature 

 

                                                                                                                     Charles B. Johnson

                                                                                                                     Print Name

 

 


 
 

 

 

 

         CUSIP NO. 48241A105                    13G                               Page 12 of 14

 

                                                                          LIMITED POWER OF ATTORNEY

                                                                                                FOR 

                                                                   SECTION 13 REPORTING OBLIGATIONS

                   Know all by these presents, that the undersigned hereby makes, constitutes and

         appoints each of Robert Rosselot and Maria Gray, each acting individually, as the

         undersigned’s true and lawful attorney‑in‑fact, with full power and authority as

         hereinafter described on behalf of and in the name, place and stead of the undersigned to:

 

         (1)     prepare, execute, acknowledge, deliver and file Schedules 13D and 13G (including

         any amendments thereto or any related documentation) with the United States Securities and

         Exchange Commission, any national securities exchanges and Franklin Resources, Inc., a

         Delaware corporation (the “Reporting Entity”), as considered necessary or advisable under

         Section 13 of the Securities Exchange Act of 1934 and the rules and regulations

         promulgated thereunder, as amended from time to time (the “Exchange Act”); and

 

         (2)     perform any and all other acts which in the discretion of such attorney‑in‑fact

         are necessary or desirable for and on behalf of the undersigned in connection with the

         foregoing. 

 

                   The undersigned acknowledges that:

 

         (1)   this Limited Power of Attorney authorizes, but does not require, each such

         attorney‑in‑fact to act in their discretion on information provided to such

         attorney‑in‑fact without independent verification of such information;

 

         (2)   any documents prepared and/or executed by either such attorney‑in‑fact on behalf of

         the undersigned pursuant to this Limited Power of Attorney will be in such form and will

         contain such information and disclosure as such attorney‑in‑fact, in his or her

         discretion, deems necessary or desirable;

 

         (3)   neither the Reporting Entity nor either of such attorneys‑in‑fact assumes (i) any

         liability for the undersigned’s responsibility to comply with the requirements of the

         Exchange Act or (ii) any liability of the undersigned for any failure to comply with such

         requirements; and

 

         (4)   this Limited Power of Attorney does not relieve the undersigned from responsibility

         for compliance with the undersigned’s obligations under the Exchange Act, including

         without limitation the reporting requirements under Section 13 of the Exchange Act.

 

               The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full

         power and authority to do and perform all and every act and thing whatsoever requisite,

         necessary or appropriate to be done in and about the foregoing matters as fully to all

         intents and purposes as the undersigned might or could do if present, hereby ratifying all

         that each such attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully

         do or cause to be done by virtue of this Limited Power of Attorney.

 

               This Limited Power of Attorney shall remain in full force and effect until revoked by

         the undersigned in a signed writing delivered to each such attorney‑in‑fact.

 

         IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be

         executed as of this         25th         day of     April          , 2007

 

                                                                                                                     /s/ Rupert H. Johnson, Jr.

                                                                                                                     Signature 

 

                                                                                                                     Rupert H. Johnson, Jr.

                                                                                                                     Print Name

 

 


 
 

 

 

         CUSIP NO. 48241A105                    13G                               Page 13 of 14

 

 

         EXHIBIT C

 

         Franklin Advisers, Inc.                               Item 3 Classification: 3(e)

 

         Franklin Templeton Investment Management Limited      Item 3 Classification: 3(e)

 

         Franklin Templeton Investments (Asia) Ltd.            Item 3 Classification: 3(e)

 

         Franklin Templeton Investments Corp.                  Item 3 Classification: 3(e)

 

         Franklin Templeton Portfolio Advisors, Inc.           Item 3 Classification: 3(e)

 

         Templeton Asset Management Ltd.                       Item 3 Classification: 3(e)

 

         Templeton Global Advisors Limited                     Item 3 Classification: 3(e)

 

         Templeton Investment Counsel, LLC                     Item 3 Classification: 3(e)

 

     Franklin Templeton Investments Australia Limited      Item 3 Classification: 3(j)

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Footnotes to Schedule 13G



[1]     The title of the securities underlying the American Depository Shares is Common Stock,

    par value (Won)5,000 per share. The securities covered by this Schedule 13G may include

    Common Stock and American Depository Shares.  The CUSIP reported is the CUSIP for the

    American Depository Shares.

 

[2]     Franklin Templeton Portfolio Advisors, Inc. (“FTPA”) may beneficially own these securities

    pursuant to various separately managed account investment management arrangements.  Under

    these arrangements, underlying clients may, from time to time, delegate to FTPA the power

    to vote such securities, in which case FTPA has sole voting power.  To the extent that the

    underlying client retains voting power over any securities, FTPA disclaims any power to

    vote or direct the vote of such securities.

 

[3]      One or more of the investment management contracts that relates to these securities provides

     that the applicable FRI affiliate share investment power over the securities held in the

     client’s account covered by such contract with another unaffiliated entity.  The issuer's

     securities held in all such accounts are less than 5% of the outstanding shares of the

     class.  In addition, FRI does not believe that any such contract causes such client or any

     such unaffiliated entity to be part of a group with FRI or any FRI affiliate within the

     meaning of Rule 13d‑5 under the Act.