Pandora TV Co., Ltd. sold 49% stake in EveryOn TV Co., Ltd. for KRW 1.5 billion on December 23, 2014. Pandora sold 0.29 million for rationalization of management and invested capital collection. The securities sales payment will be paid at once on December 23, 2014.

Pandora TV Co., Ltd. completed the sale of 49% stake in EveryOn TV Co., Ltd. on December 23, 2014.