The Board of Directors of DAP Corporation (KOSE:A066900) authorized a share repurchase program on February 4, 2013. Under the program, the company will repurchase up to 300,000 shares for KRW 1.8 billion which is based on the closing price of KRW 6,020 per share on February 1, 2013. The company will make a direct acquisition on Korea Securities Dealers Automated Quotation market of the exchange. The purpose of the repurchase program is to increase stock value through stability of stock price. The repurchases will commence on February 5, 2013, and will end on May 4, 2013. As of February 3, 2013, the company had a direct ownership of 3,244,010 shares in treasury and had no shares in treasury through trust agreements.

Daishin Securities Co. Ltd acted as the broker for DAP Corporation.