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KANG-KOREA ALCOHOL NOMINEES DEFEATED AT DONG-A PHARMA EGM.

AsiaPulse News

| November 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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(BW)(DONG-A-PHARMACEUTICAL)(KSE:000640) Kang-Korea Alcohol Nominees Overwhelmingly Defeated at Dong-A Pharmaceutical (KSE:000640) EGM

Pharmaceutical Writers/Business Editors

SEOUL, South Korea (BUSINESS WIRE) Oct 31, 2007 - Dong-A Pharmaceutical Co Ltd (KSE:000640) announced today that all of the dissident Kang-Korea Alcohol nominees for election as director were overwhelmingly defeated at the October 31 EGM.

The votes AGAINST the election of the nominees, as a percentage of the shares voted, were: Yong Seok Jee, 88.4 per cent; Sun Keun Park, 88.4 per cent; Eun-Sub Jung 88.4 per cent; Joon-Haeng Lee 77.5 per cent; Jeong Sam Park 89.12 per cent

Won Bae Kim, Representative Director & CEO of Dong-A, stated: "We are extremely gratified by this strong showing of support from our shareholders. It deepens the responsibility felt by all of our employees and will spur even ...

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