LPL » Topics » Exchange Rates

This excerpt taken from the LPL 20-F filed Jun 23, 2009.

Exchange Rates

The table below sets forth, for the periods and dates indicated, information concerning the noon buying rate for Korean Won, expressed in Korean Won per one U.S. dollar. The “noon buying rate” is the rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York. Unless otherwise stated, translations of Korean Won amounts into U.S. dollars in this annual report were made at the noon buying rate in effect on December 31, 2008, which was (Won)1,262.0 to US$1.00. We do not intend to imply that the Korean Won or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Korean Won, as the case may be, at any particular rate, or at all. On June 19, 2009, the noon buying rate was (Won)1,264.2 = US$1.00.

Fluctuation in the exchange rate between the Korean Won and the U.S. dollar will affect the amount of U.S. dollars received in respect of cash dividends or other distributions paid in Korean Won by us on, and the Korean Won proceeds received from any sales of, our common stock.

 

Year Ended December 31,

   At End of Period    Average Rate(1)    High    Low
     (Korean Won per US$1.00)

2004

   (Won) 1,035.1    (Won) 1,139.3    (Won) 1,195.1    (Won) 1,035.1

2005

     1,010.0      1,023.7      1,059.8      997.0

2006

     930.0      950.1      1,002.9      913.7

2007

     935.8      928.0      950.2      903.2

2008

     1,262.0      1,105.8      1,507.9      935.2

December

     1,262.0      1,361.6      1,479.0      1,257.4

2009 (through June 19)

     1,264.2      1,351.5      1,570.1      1,232.1

January

     1,380.0      1,354.4      1,391.5      1,292.3

February

     1,532.8      1,439.6      1,532.8      1,368.7

March

     1,372.3      1,449.6      1,570.1      1,334.8

April

     1,277.0      1,332.1      1,378.3      1,277.0

May

     1,249.0      1,254.3      1,277.0      1,232.9

June (through June 19)

     1,264.2      1,250.4      1,269.0      1,232.1

 

(1) The average rate for each full year is calculated as the average of the noon buying rates on the last business day of each month during the relevant year. The average rate for a full month is calculated as the average of the noon buying rates on each business day during the relevant month (or portion thereof).

 

5


Table of Contents
Item 3.B. Capitalization and Indebtedness

Not applicable

 

Item 3.C. Reasons for the Offer and Use of Proceeds

Not applicable

 

Item 3.D. Risk Factors

You should carefully consider the risks described below.

This excerpt taken from the LPL 20-F filed Apr 16, 2008.

Exchange Rates

The table below sets forth, for the periods and dates indicated, information concerning the noon buying rate for Korean Won, expressed in Korean Won per one U.S. dollar. The “noon buying rate” is the rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York. Unless otherwise stated, translations of Korean Won amounts into U.S. dollars in this annual report were made at the noon buying rate in effect on December 31, 2007, which was (Won)935.8 to US$1.00. We do not intend to imply that the Korean Won or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Korean Won, as the case may be, at any particular rate, or at all. On April 15, 2008, the noon buying rate was (Won)991.3 = US$1.00.

Fluctuation in the exchange rate between the Korean Won and the U.S. dollar will affect the amount of U.S. dollars received in respect of cash dividends or other distributions paid in Korean Won by us on, and the Korean Won proceeds received from any sales of, our common stock.

 

Year Ended December 31,

   At End of Period    Average Rate(1)    High    Low
     (Korean Won per US$1.00)

2003

   (Won) 1,192.0    (Won) 1,183.0    (Won) 1,262.0    (Won) 1,146.0

2004

     1,035.1      1,139.3      1,195.1      1,035.1

2005

     1,010.0      1,023.7      1,059.8      997.0

2006

     930.0      950.1      1,002.9      913.7

2007

     935.8      928.0      950.2      903.2

October

     903.2      914.9      919.3      903.2

November

     920.9      918.1      932.8      905.2

December

     935.8      931.1      935.8      918.9

2008 (through April 15)

     991.3      966.5      1,009.2      935.2

January

     943.4      942.1      953.2      935.2

February

     942.8      943.9      948.2      937.2

March

     988.6      981.7      1,009.2      947.1

April (through April 15)

     991.3      977.5      991.3      973.5

 

(1) The average rate for each full year is calculated as the average of the noon buying rates on the last business day of each month during the relevant year. The average rate for a full month is calculated as the average of the noon buying rates on each business day during the relevant month (or portion thereof).

 

6


Item 3.B. Capitalization and Indebtedness

Not applicable

 

Item 3.C. Reasons for the Offer and Use of Proceeds

Not applicable

 

Item 3.D. Risk Factors

You should carefully consider the risks described below.

This excerpt taken from the LPL 20-F filed Apr 11, 2007.

Exchange Rates

The table below sets forth, for the periods and dates indicated, information concerning the noon buying rate for Korean Won, expressed in Korean Won per one U.S. dollar. The “noon buying rate” is the rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York. Unless otherwise stated, translations of Korean Won amounts into U.S. dollars in this annual report were made at the noon buying rate in effect on December 29, 2006, which was (Won)930.0 to US$1.00. We do not intend to imply that the Korean Won or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Korean Won, as the case may be, at any particular rate, or at all. On April 10, 2007, the noon buying rate was (Won)933.6 = US$1.00.

Fluctuation in the exchange rate between the Korean Won and the U.S. dollar will affect the amount of U.S. dollars received in respect of cash dividends or other distributions paid in Korean Won by us on, and the Korean Won proceeds received from any sales of, our common stock.

 

Year Ended December 31,

   At End of Period    Average Rate(1)    High    Low
     (Korean Won per US$1.00)

2002

   (Won) 1,186.3    (Won) 1,242.0    (Won) 1,332.0    (Won) 1,160.6

2003

     1,192.0      1,183.0      1,262.0      1,146.0

2004

     1,035.1      1,139.3      1,195.1      1,035.1

2005

     1,010.0      1,023.7      1,059.8      997.0

2006

     930.0      950.1      1,002.9      913.7

October

     942.2      952.6      959.3      942.2

November

     929.0      935.4      942.1      929.0

December

     930.0      925.0      931.6      913.7

2007 (through April 10)

     933.6      939.5      949.1      925.4

January

     941.0      936.8      942.2      925.4

February

     942.3      936.9      942.3      932.5

March

     941.1      942.9      949.1      937.2

April (through April 10)

     933.6      934.2      937.0      931.6

(1) The average rate for each full year is calculated as the average of the noon buying rates on the last business day of each month during the relevant year. The average rate for a full month is calculated as the average of the noon buying rates on each business day during the relevant month (or portion thereof).
This excerpt taken from the LPL 20-F filed Jun 21, 2006.

Exchange Rates

The table below sets forth, for the periods and dates indicated, information concerning the noon buying rate for Korean Won, expressed in Korean Won per one U.S. dollar. The “noon buying rate” is the rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York. Unless otherwise stated, translations of Korean Won amounts into U.S. dollars in this annual report were made at the noon buying rate in effect on December 30, 2005, which was (Won)1,010.0 to US$1.00. We do not intend to imply that the Korean Won or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Korean Won, as the case may be, at any particular rate, or at all. On June 19, 2006, the noon buying rate was (Won)960.9 = US$1.00.

Fluctuation in the exchange rate between the Korean Won and the U.S. dollar will affect the amount of U.S. dollars received in respect of cash dividends or other distributions paid in Korean Won by us on, and the Korean Won proceeds received from any sales of, our common stock.

 

Year Ended December 31,

   At End of Period    Average Rate(1)    High    Low
     (Korean Won per US$1.00)

2001

   (Won)1,313.5    (Won)1,293.4    (Won)1,369.0    (Won)1,234.0

2002

   1,186.3    1,242.0    1,332.0    1,160.6

2003

   1,192.0    1,183.0    1,262.0    1,146.0

2004

   1,035.1    1,139.3    1,195.1    1,035.1

2005

   1,010.0    1,023.7    1,059.8    997.0

October

   1,043.5    1,045.9    1,059.8    1,037.3

November

   1,037.4    1,040.8    1,049.0    1,034.4

December

   1,010.0    1,022.4    1,036.9    1,009.0

2006 (through June 19)

   960.9    962.5    1,002.9    927.4

January

   958.9    981.4    1,002.9    958.9

February

   970.9    969.8    976.3    962.0

March

   971.4    994.7    982.0    966.8

April

   942.8    952.6    970.4    939.6

May

   945.3    940.8    951.5    927.4

June (through June 19)

   960.9    953.1    961.8    942.7

(1) The average rate for each full year is calculated as the average of the noon buying rates on the last business day of each month during the relevant year. The average rate for a full month is calculated as the average of the noon buying rates on each business day during the relevant month (or portion thereof).

 

Item 3B. Capitalization and Indebtedness

Not applicable

 

Item 3C. Reasons For the Offer and Use of Proceeds

Not applicable

 

Item 3D. Risk Factors

You should carefully consider the risks described below.

 

6


Table of Contents
This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Exchange Rates

 

The table below sets forth, for the periods and dates indicated, information concerning the noon buying rate for Korean Won, expressed in Korean Won per one U.S. dollar. The “noon buying rate” is the rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York. Unless otherwise stated, translations of Korean Won amounts into U.S. dollars in this annual report were made at the noon buying rate in effect on December 31, 2004, which was (Won)1,035.1 to US$1.00. We do not intend to imply that the Korean Won or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Korean Won, as the case may be, at any particular rate, or at all. On April 8, 2005, the noon buying rate was (Won)1,015.0 = US$1.00.

 

Fluctuation in the exchange rate between the Korean Won and the U.S. dollar will affect the amount of U.S. dollars received in respect of cash dividends or other distributions paid in Korean Won by us on, and the Korean Won proceeds received from any sales of, our common stock.

 

The following table sets out information concerning the noon buying rate for the periods and dates indicated:

 

Year Ended December 31,


   At End of Period

   Average Rate(1)

   High

   Low

     (Korean Won per US$1.00)

2000

   (Won) 1,267.0    (Won) 1,140.0    (Won) 1,267.0    (Won) 1,105.5

2001

     1,313.5      1,293.4      1,369.0      1,234.0

2002

     1,186.3      1,242.0      1,332.0      1,160.6

2003

     1,192.0      1,183.0      1,262.0      1,146.0

2004

     1,035.1      1,139.3      1,195.1      1,035.1

October

     1,120.0      1,240.2      1,153.0      1,120.0

November

     1,048.0      1,210.2      1,119.0      1,046.0

December

     1,035.1      1,206.6      1,067.0      1,035.1

2005 (through April 8)

     1,015.0      1,014.5      1,058.0      997.5

January

     1,026.9      1,038.0      1,058.0      1,024.0

February

     1,000.9      1,023.1      1,044.0      1,000.9

March

     1,015.4      1,007.8      1,023.9      997.5

April (through April 8)

     1,015.0      1,013.7      1,017.0      1,012.0

(1) The average rate for each full year is calculated as the average of the noon buying rates on the last business day of each month during the relevant year. The average rate for a full month is calculated as the average of the noon buying rates on each business day during the relevant month (or portion thereof).

 

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