1996.06.03    Il-Jin Steel Industry (Co.) registering the foundation
   (inauguration of the CEO Hae-Sik Lee)
   1997.06.28    Operation of adopted SLITTER LINE
   1997.07.18    Federation Steel Company (Co.) Conclusion of a treaty in Coil
   Center of Ho-Nam district
   1997.11.25    Establishment of Mini-Shear Line
   1999.09.13    Operation of adopted SLITTER LINE
   1999.09.13    ISO 9002 acquisition of quality registration( K-QA-Q99709)
   1999.11.30     Establishment of SLITTER 2 LINE
   2000.02.28    Establishment of MINI-SHER 2 LINE
   2000.11.07    Industrial Bank capital investment 8 hundred million 5 thousand
   (total capital stock 4850million won)
   2001.10.29    Recognition of KOSDAQ committee registration
   2002.01.15    KOSDAQ registration
 

   end of 2000    55,313 million won
   3/4 of 2001     61,890 million won