1. NAMSUNG PRECISION Co.,Ltd NAMSUNG PRECISION Co.,Ltd Issued in 2006

2. ◈ Contents ◈ Contents Company’s history Company’s history Introduction Introduction Company’s Info. Company’s Info. Types of Products Types of Products Sub-Info. (Factory’s facilities) Sub-Info. (Factory’s facilities) Organization Chart Organization Chart Certificates of Approval Certificates of Approval Annual sales results Annual sales results www.nam-sung.co.kr

3. ◈ Company’s history 1970. Oct : Established Namsung company 1970. Oct : Established Namsung company 1985. Apr : Incorporating to Namsung precision industry Co.,Ltd 1985. Apr : Incorporating to Namsung precision industry Co.,Ltd Acquired KS(Korean Standard) approval on Pex Pipe & Acquired KS(Korean Standard) approval on Pex Pipe & Copper pipe fittings (KS B 1545, KS B 1546) Copper pipe fittings (KS B 1545, KS B 1546) 1989. Feb : Designated as a research institute attached on enterprise 1989. Feb : Designated as a research institute attached on enterprise 1991. Dec : Appointed as a technological advanced medium enterprise 1991. Dec : Appointed as a technological advanced medium enterprise 1992. Oct : Recognized as plumbing material for drinkable water 1992. Oct : Recognized as plumbing material for drinkable water 1996. Nov : Acquired Certification of Korean New Technology 1996. Nov : Acquired Certification of Korean New Technology 1996. Dec : Listing Stocks on KOSDAQ 1996. Dec : Listing Stocks on KOSDAQ (Korea Securities Dealers Automated Quotations) (Korea Securities Dealers Automated Quotations) 1998. Jan : Acquired ISO 9002 Certificate 1998. Jan : Acquired ISO 9002 Certificate 1998. May : Designated venture enterprise 1998. May : Designated venture enterprise 2001. Jul : Changing company name to World Joint Co.,Ltd 2001. Jul : Changing company name to World Joint Co.,Ltd 2002. Jun : Acquired KS approval on Ball Valves (KS B 2308) 2002. Jun : Acquired KS approval on Ball Valves (KS B 2308) 2003. Feb : Renew KS A 9001 : 2001 recognition 2003. Feb : Renew KS A 9001 : 2001 recognition 2003. Apr : Registered production of handle for ball valve and water meter gages 2003. Apr : Registered production of handle for ball valve and water meter gages 2003. Apr : Handle for ball valve registered on utility use property 2003. Apr : Handle for ball valve registered on utility use property 2003. May : Acquired KS approval on copper alloy solder – Joint fittings 2003. May : Acquired KS approval on copper alloy solder – Joint fittings 2003. Dec : Acquired Russian Gost-R approvals 2003. Dec : Acquired Russian Gost-R approvals 2005. Nov : Acquired ISO 14001 Certificate 2005. Nov : Acquired ISO 14001 Certificate 2005. Dec : Acquired KS B 6029 Gas Valve Certificate 2005. Dec : Acquired KS B 6029 Gas Valve Certificate 2006. Feb : Acquired CSA Ball Valve Certificate 2006. Feb : Acquired CSA Ball Valve Certificate 2006. Apr : Renamed Namsung Precision Co.,Ltd 2006. Apr : Renamed Namsung Precision Co.,Ltd www.nam-sung.co.kr

4. ◈ Introduction Namsung Precision Co.,Ltd established in 1970, is specialized to be one of the leading manufacturers of valves and fittings with annual sales exceeding USD $40millions including export sales. World Joint Co.,Ltd, one of ours listing shares on KOSDAQ (International stock market), aims to make safer products and expand the brand name and our products into the worldwide market. To fulfill this goal, it has also adopted the JUST-IN-TIME production system to improve its efficiency. To become first class, Namsung Precision Co.,Ltd keeps developing a new product, checking the product quality and researching customer’s requirements with each other. Namsung Precision Co.,Ltd established in 1970, is specialized to be one of the leading manufacturers of valves and fittings with annual sales exceeding USD $40millions including export sales. World Joint Co.,Ltd, one of ours listing shares on KOSDAQ (International stock market), aims to make safer products and expand the brand name and our products into the worldwide market. To fulfill this goal, it has also adopted the JUST-IN-TIME production system to improve its efficiency. To become first class, Namsung Precision Co.,Ltd keeps developing a new product, checking the product quality and researching customer’s requirements with each other. www.nam-sung.co.kr

5. ◈ Information Name of company : Namsung Precision Co.,Ltd Name of company : Namsung Precision Co.,Ltd Address : #1130-1 Daegam-ri, Sangdong-Myun, Gimhae-si Address : #1130-1 Daegam-ri, Sangdong-Myun, Gimhae-si Gyeongnam-do, Korea. Gyeongnam-do, Korea. Business registration No. : 622-81-24946 Business registration No. : 622-81-24946 Business item : Brass fittings & Brass ball valves Business item : Brass fittings & Brass ball valves Established year : 1970’s Established year : 1970’s Number of employee : 60 persons Number of employee : 60 persons Tel : 82-55-323-6000 Tel : 82-55-323-6000 Fax : 82-55-323-6006 Fax : 82-55-323-6006 Website : www.nam-sung.co.kr Website : www.nam-sung.co.krwww.nam-sung.co.kr www.nam-sung.co.kr

6. ◈ Types of products 1. Valves Brass Ball Valves Brass Ball Valves Safety Ball Valves Safety Ball Valves Composite pipe (PE-AL-PE) fittings Composite pipe (PE-AL-PE) fittings Stainless flexible pipe fitting Stainless flexible pipe fitting 2. Brass fittings Adaptor Adaptor Elbow Elbow Long elbow Long elbow Union Union Nipple Nipple Bushing Bushing Tee Tee Connector Connector www.nam-sung.co.kr

7. ◈ Types of Products ▶ Valve Socket ▶ Coupling ▶ Tee Socket www.nam-sung.co.kr ▶ Brass ball valve

8. ◈ Types of Products 2 ▶ Elbow Socket ▶ Others 3-Tee, 3-Tee, Long socket Long socket Valve elbow Valve elbow etc. etc. www.nam-sung.co.kr

9. ◈ Sub-Info. (Factory’s facilities) www.nam-sung.co.kr

10. ◈ Organization Chart PRESIDENT GENERAL DIRECTORAUDITING DIRECTOR VICE PRESIDENT ADMINISTRATION DEPT. SALES SUPPORT DEPT. OVERSEAS SALES DEPT. SEOUL REGIONAL SALES DEPT. DOMESTIC SALES DEPT. PRODUCTION DEPT. QUALITY CONTROL DEPT. RESEARCH & DEVELOPMENT DEPT. SEOUL REGIONAL SALES DEPT. SEOUL REGIONAL SALES DEPT. Namsung Precision Co.,Ltd Namsung Precision Co.,Ltd www.nam-sung.co.kr

11. ◈ Certificate of Approval (International) www.nam-sung.co.kr

12. ◈ Certificate of Approval (Domestic) www.nam-sung.co.kr

13. ◈ Annual sales result www.nam-sung.co.kr

14. Thanks for your concerning Thanks for your concerning www.nam-sung.co.kr