KCC Corporation http://www.alacrastore.com/company-snapshot/KCC_Corporation-1036223 Thursday, July 24, 2008 3:58:06 PM 1036223 KCC Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1199120bir/1199120normKCC Corp.South KoreaManufacturing: Production and export of asbestos cement products and sheets; glass fibre, ceramic fibre, gypsum board, mineral wool, mineral ceiling tiles, calcium silicate, float glass, automotive safety glass; PVC window and door frames3241321132313275329650323273103272113272153274203279934233209GK0023806/18/2008 6:21:12 AM1199120Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/COP_600054192moodys/COP_600054192htmlGlobal Credit Research Credit Opinion # MAY #### Credit Opinion: KCC Corporation KCC Corporation Seoul, Korea Ratings Category Moody's Rating Outlook Stable Issuer Rating Baa# Senior Unsecured Baa# Contacts Analyst Phone Chris Park/Hong...1/3/2008 8:20:00 PMhtmlKCC CorporationKCC Corporation600054192150.0000NewsCredit OpinionCOP_600054192Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRM_600054192_20021112231555moodys/PRM_600054192_20021112231555htmlRating Action12/21/2007 11:46:44 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: KCC Corporation MOODY'S CHANGES KCC'S Baa# RATINGS OUTLOOK TO POSITIVE FROM STABLE Moody's Investors Service has changed the outlook of Kumgang Korea Chemical Co., Ltd.'s...KCC Corporation600054192150.00NewshtmlKCC CorporationPRM_600054192_20021112231555Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/376952_pr_framefitch/376952_pr_framehtmlKCC Corporation8329326610/23/2007 10:04:00 AM01030000010309000103090175Press Release002380Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.376952_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/spcred/608982spcred/608982normThe latest News from S&P10/23/2007 8:35:40 AMNews100global608982KoreaBuilding ProductsAsiaEmerging MarketsGlobal IssuersCorporationsBuilding MaterialsNewsTOKYO (Standard&Poor's) Oct. 23, 2007--Standard&Poor's Ratings Services today affirmed its long-term corporate credit and senior unsecured ratings on Korea-based KCC Corp. (BBB/Stable/--) following the recent announcement that the company will issue Korean won (KRW) 1 trillion in exchangeable bonds (EBs) maturing in five years. The company plans to use the proceeds for the repayment of existing debt, capital expenditure, and other investments. The outlook on the long-term corporate credit rating is stable. The affirmation of the ratings on the company reflects Standard&Poor's assessment that KCC will have enough capacity to absorb a net increase in total debt at the current rating level, providing it maintains its planned debt repayment schedule through 2008. Given KCC'sKOR50125520102010 201020 2010 20KCC Corp.348255ASIAEMERGING0238@KSNEWSGLOBISSCORPBuildingCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_142641_600054192moodys/PR_142641_600054192htmlAnnouncement10/23/2007 12:26:56 AMGlobal Credit Research Announcement ## OCT #### Announcement: KCC Corporation Moody's affirms KCC Corp's Baa# ratings; outlook stable Hong Kong, October ##, #### -- Moody's Investors Service has affirmed KCC Corp's (KCC) Baa# corporate...KCC Corporation600054192150.0000NewshtmlKCC CorporationPR_142641_600054192Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/598775spcred/598775normThe latest Full Report from S&P8/29/2007 11:35:09 PMFull Report400global598775KoreaBuilding ProductsAsiaEmerging MarketsGlobal IssuersCorporationsBuilding MaterialsFull ReportDiverse product portfolio Stable and predictable earnings Leading position in the domestic market Moderate financial profile Exposure to cyclical construction industry Unclear business strategy and corporate governance standards Lack of geographical diversification The rating on KCC Corp., formerly Kumgang Korea Chemical Co. Ltd., reflects the company's diversified product portfolio, leading domestic market position, healthy balance sheet, and the ability to generate stable profits and strong cash flows from its core paint, glass, and building materials businesses. At the same time, the rating takes into account KCC's exposure to the cyclical domestic construction industry, weak corporate governance standards, and lack of geographic diversification Established through a merger between Kumgang Chemical and Korea Chemical in March 2000, KCC mainly engages in paint,KOR50125520102010 201020 2010 20KCC Corp.348255ASIAEMERGING0238@KSFULLGLOBISSCORPBuildingCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/598776spcred/598776normThe latest Summary from S&P8/29/2007 11:35:09 PMSummary175global598776KoreaBuilding ProductsAsiaEmerging MarketsGlobal IssuersCorporationsBuilding MaterialsSummaryThe rating on KCC Corp., formerly Kumgang Korea Chemical Co. Ltd., reflects the company's diversified product portfolio, leading domestic market position, healthy balance sheet, and the ability to generate stable profits and strong cash flows from its core paint, glass, and building materials businesses. At the same time, the rating takes into account KCC's exposure to the cyclical domestic construction industry, weak corporate governance standards, and lack of geographic diversification Established through a merger between Kumgang Chemical and Korea Chemical in March 2000, KCC mainly engages in paint, glass, building materials, and PVC operations in Korea. Its high market share and close customer relationships with major Korean automotive and construction firms offer some protection against the inherent cyclicality of theseKOR50125520102010 201020 2010 20KCC Corp.348255ASIAEMERGING0238@KSSUMMARYGLOBISSCORPBuildingCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/595698spcred/595698normThe latest News from S&P8/10/2007 8:37:58 AMNews100global595698KoreaBuilding ProductsEmerging MarketsAsiaGlobal IssuersCorporationsBuilding MaterialsNewsTOKYO (Standard&Poor's) Aug. 10, 2007--Standard&Poor's Ratings Services today raised its long-term corporate credit rating on Korea-based KCC Corp. to 'BBB' from 'BBB-'. At the same time, Standard&Poor's raised its rating on the company's senior unsecured debt to 'BBB' from 'BBB-'. The outlook on the long-term corporate credit rating is stable. "The upgrade reflects KCC's improved financial risk profile based on its enhanced free cash flows and capital structure. The rating also reflects the company's increasingly conservative financial policy and projection for capital expenditures, which are expected to be funded by internally generated cash flows and limited additional debt," said Standard&Poor's credit analyst GaYeon Kim. Established through a merger between Kumgang Chemical andKOR50125520102010 201020 2010 20KCC Corp.348255EMERGINGASIA0238@KSNEWSGLOBISSCORPBuildingCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_137402_600054192moodys/PR_137402_600054192htmlRating Action7/12/2007 12:34:57 AMGlobal Credit Research Rating Action ## JUL #### Rating Action: KCC Corporation Moody's upgrades KCC to Baa#; outlook stable Hong Kong, July ##, #### -- Moody's Investor Service has upgraded the issuer rating and senior unsecured bond...KCC Corporation600054192150.0000NewshtmlKCC CorporationPR_137402_600054192Credit & Investment ResearchMoody's Global Credit Research