Interpark INT Corporation agreed to acquire Interpark Fashion Corporation from Interpark Corp. (KOSE:A035080) on May 18, 2012. Interpark INT Corporation will acquire 2 million shares of Interpark Fashion Corporation. Interpark Fashion Corporation reported total assets of KRW 7.89 billion, total liabilities of KRW 666 million and total stockholders' equity of KRW 7.22 billion for the year ending December 31, 2011. The Board of Directors of Interpark Corp. passed a resolution for the transaction on May 18, 2012 and the transaction is expected to be completed on August 1, 2012.

Interpark INT Corporation completed the acquisition of Interpark Fashion Corporation from Interpark Corp. (KOSE:A035080) in August 2012.