This excerpt taken from the LPL 20-F filed Jun 23, 2009.
We recognized a charge to earnings of (Won)534.8 billion (US$423.8 million) in 2008, due to a fine of US$400 million imposed by the U.S. Department of Justice, a further discussion of which is included under Item 8.A. Consolidated Statements and Other Financial InformationLegal Proceedings. We recorded no such antitrust fine in 2007. The US$400 million fine amount was re-measured into Korean Won and recognized as an expense using the exchange rate based on the basic rate under the market average exchange rate system provided by Seoul Money Brokerage Services, Ltd., between dollars and Won on November 12, 2008, which was the date the plea agreement with the U.S. Department of Justice was entered into.