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

◈ 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

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

◈ 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.

◈ Information Name of company : Namsung Precision Co.,Ltd Name of company : Namsung Precision Co.,Ltd Address : # Daegam-ri, Sangdong-Myun, Gimhae-si Address : # Daegam-ri, Sangdong-Myun, Gimhae-si Gyeongnam-do, Korea. Gyeongnam-do, Korea. Business registration No. : Business registration No. : 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 : Tel : Fax : Fax : Website : Website :

◈ 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

◈ Types of Products ▶ Valve Socket ▶ Coupling ▶ Tee Socket ▶ Brass ball valve

◈ Types of Products 2 ▶ Elbow Socket ▶ Others 3-Tee, 3-Tee, Long socket Long socket Valve elbow Valve elbow etc. etc.

◈ Sub-Info. (Factory’s facilities)

◈ 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

◈ Certificate of Approval (International)

◈ Certificate of Approval (Domestic)

◈ Annual sales result

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