As provided for under Article 11, paragraph 4 of the Canada-Korea Income Tax Agreement, 2006, the Competent Authorities for Canada and Korea have agreed, effective January 1^st, 2010, to add the following institutions for the purposes of exemption from withholding tax on interest under paragraph 4 of Article 11:

In the case of Canada:

• the Canada Pension Plan Investment Board

In the case of Korea:

• the Korea Finance Corporation