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Agreement for Outsourcing of Telecommunication Center Management

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Date:
2003
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28K
ID:
#129038

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                          AGREEMENT FOR OUTSOURCING OF
                       TELECOMMUNICATION CENTER MANAGEMENT

Hanaro Telecom Inc. (hereinafter referred to as "Hanaro") and Hanaro Realty
Development & Management Co., Ltd. (hereinafter referred as "Hanaro Realty")
hereby enters into this Agreement for Outsourcing of Telecommunication Center
Management on the following terms and conditions for the outsourcing by Hanaro
to Hanaro Realty of the management of the telecommunication center facilities.

ARTICLE 1 (BASIC PURPOSE OF TELECOMMUNICATION CENTER FACILITIES MANAGEMENT)

Hanaro Realty shall do its best to achieve the basic objectives of managing the
telecommunication center facilities as follows:

1.  Through smooth operational preservation of the telecommunication center
    facilities, prevent the various accidents and disasters that may occur

2.  Extend the asset life of common facilities through continuous operational
    preservation of the telecommunication center facilities

3.  Establish a of system to respond promptly and effectively in times of
    emergency

ARTICLE 2 (SUBJECT OF OUTSOURCED MANAGEMENT)

1.  The subject matters that Hanaro Realty shall manage under this Agreement are
    as follows:

    A.   Electric field

         (1)  Inspection and repair management of rectifier

         (2)  Inspection and repair management of UPS

         (3)  Inspection and repair management of inverter

    B.   Mechanical field

         (1)  Inspection and repair management of air conditioner

         (2)  Inspection and repair management of anti-temperature and
              anti-humidifier

         (3)  Inspection and repair management of humidifier

         (4)  Inspection and repair management of air cleaner

    C.   Fire facility: Inspection and repair management of NAF-III

    D.   Other facility: Incidental facility No. 1, 2 and 3 in computer room and


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