NAMSUNG PRECISION Co Ltd Company Profile Issued

NAMSUNG PRECISION Co. , Ltd Issued in 2006

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

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

◈ 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 $40 millions 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

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

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

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

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

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

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

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

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

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

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