A Missed Opportunity for SK Corp and Korea

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As a long-term investor, Sovereign seeks to actively promote the
highest standards of corporate governance, transparency and
shareholder rights in the markets in which it invests, for the benefit
of the company, the community and all shareholders alike.S.

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The mere
fact that shareholders are so accepting of convicted criminals working
in an executive capacity in Korea is one of the major reasons the
Korean equity market trades at a massive 42% discount to its Asian
peers.D.

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The outcome of today's vote is especially surprising in light of
very strong advice from independent organizations, both international
and domestic, such as Institutional Shareholders Services and the
Korean Center for Good Corporate Governance.

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S.

ADDITIONAL RESOURCES: Video, hard copy requests, contact information and
more available at http: //www.

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sov.com/broadcast/21548/consumer. Department of Agriculture unveiled its new food pyramid on
Tuesday April 19, 2005.

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Experts Urge Americans to Adopt Healthier Eating Patterns

NEW YORK ,

NEWS: U.

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One way to start eating healthier is by working
seafood into your diet.

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"

For more information on how Sovereign is working with Korea,
visit: www.

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Sovereign is a major participant
in global emerging markets and has at various times been the largest
international portfolio investor in markets as diverse as Brazil, the
Czech Republic and Russia.

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Today they have made a choice which Sovereign believes leaves
one of Korea's most important companies hugely undervalued and
languishing under the control of a discredited leadership.

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Business Editors

DUBAI , United Arab Emirates----March 11,
2005--Sovereign Asset Management expresses its disappointment at
today's missed opportunity to move towards a more ethical and
competent leadership at SK Corp .

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prnewswire.

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In fact, The American Heart Association suggests
eating seafood at least twice a week .

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shtml

STORY SUMMARY:
The U.

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Sovereign's objective at all times has been to give shareholders a
choice.

James Fitter, Sovereign's Chief Executive Officer, comments:

"This is a missed opportunity for shareholders to place the most
competent and ethical leadership at the heart of SK Corp. Reveals New Food Pyramid

FORMAT: News package with extra soundbites and b-roll.

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com

About Sovereign Asset Management

Sovereign Asset Management Limited ("Sovereign ") is a substantial,
private investment organization that has been investing in global
markets for approximately 20 years.
Sovereign is passionate about the positive role that well-directed
investment capital and good corporate governance can have in promoting
civil society and economic prosperity .A. Instead of the traditional singular pyramid, the USDA
revealed twelve separate triangles that can work with an individual's
particular nutritional needs.

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USDA Reveals New Food Pyramid

SOUNDBITES:
-- Kim Lopdrup, President of Red Lobster

B-ROLL INCLUDES:
-- People eating seafood at their local Red Lobster restaurant
-- Seafood being grilled
-- Close-ups of different seafood plates
-- Waiter serving seafood to guests

VIDEO PROVIDED BY: Darden Restaurants, Inc.