The National Election Commission (NEC) provided the national subsidy for the first quarter of 2011 to nine political

parties on February 15, 2011. The total amount for 1Q 2011 was around 8.3 billion Korean won(won) and the amount

distributed to each political party is as follows:

○ Distribution of the national subsidy for the first quarter of 2011

○ The National Subsidy is distributed as specified by the Article 27 of the Political Fund Act. 

- 50% of the total amount is distributed equally to political parties which formed a negotiating body in the National

Assembly

- Political parties holding five seats or more but less than 20 seats are respectively entitled to get 5% of the total

amount

- In case political parties hold none or less than five seats, they are entitled to respectively receive 2% of the total

amount, provided that they meet certain requirements regarding the vote share in elections

- After distributing the subsidies according to the method explained above, the half of the remaining will be offered to

parties holding one or more seats, based on the percentage of the seats in the National Assembly; and the rest half

go to the political parties holding one or more seats in the National Assembly, in proportion to the vote share in the

latest National Assembly election.