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Pantos Logistics opens Ssangyong Motor European Parts LogistFeb. 23, 2012

<p style='text-align: justify'><b><span style='font-size: medium'>Pantos Logistics opens Ssangyong Motor European Parts Logistics Center in the Netherlands </span></b><br /> <br /> <br /> <span style='font-size: larger'>Pantos Logistics, the largest freight logistics business in South Korea, recently announced the opening of its Ssangyong Motor European Parts Logistics Center (SEPC) in the Netherlands.</span><br /> <br /> <span style='font-size: larger'>The SEPC, located in Breda near Rotterdam Port, will serve as a logistics center supplying Ssangyong with vehicle parts throughout Europe. Its 9,424㎡ warehouse stores 470,000 parts (15,000 different components).</span><br /> <br /> <span style='font-size: larger'>Pantos Logistics plans to focus on enhancing the operational efficiency of the center, using a differentiated inland transportation/express airfreight service based on its own logistics network in Europe, to promptly supply parts throughout Europe.</span><br /> <br /> <span style='font-size: larger'>To that end, the Company has established a warehouse management system (WMS) designed for efficient, integrated management of inventories and orders and a PDA-based management system for inventory information and onsite works.</span><br /> <br /> <span style='font-size: larger'>Currently, Ssangyong Motor supplies automotive parts to 27 European countries, including Spain, Italy, and France.</span></p> <p style='text-align: justify'> </p>

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