THE EXPORT-IMPORT BANK OF KOREA. EUR 750,000, per cent. Notes due 2019 under the US$25,000,000,000 Euro Medium Term Note Programme

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PRICING SUPPLEMENT THE EXPORT-IMPORT BANK OF KOREA EUR 750,000,000 0.375 per cent.

1 PRICING SUPPLEMENT THE EXPORT-IMPORT BANK OF KOREA EUR 750,000, per cent. Notes due 2019 under the US$25,000,000,000 Euro Medium Term Note Programme THE NOTES TO WHICH THIS PRICING SUPPLEMENT RELATES HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT ), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT), EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. ACCORDINGLY, THE NOTES WILL BE OFFERED AND SOLD ONLY OUTSIDE THE UNITED STATES TO NON-U.S. PERSONS IN RELIANCE ON REGULATION S. IN CONNECTION WITH THIS ISSUE, THE STABILISING MANAGER (OR ANY PERSON ACTING ON BEHALF OF ANY STABILISING MANAGER) MAY OVER-ALLOT OR EFFECT TRANSACTIONS WITH A VIEW TO SUPPORTING THE MARKET PRICE OF THE NOTES AT A LEVEL HIGHER THAN THAT WHICH MIGHT OTHERWISE PREVAIL FOR A LIMITED PERIOD AFTER THE ISSUE DATE. HOWEVER, THERE MAY BE NO OBLIGATION ON THE STABILISING MANAGER (OR ANY PERSON ACTING ON BEHALF OF ANY STABILISING MANAGER) TO DO THIS. SUCH STABILISING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME, AND MUST BE BROUGHT TO AN END AFTER A LIMITED PERIOD. SUCH STABILISING SHALL BE IN COMPLIANCE WITH ALL APPLICABLE LAWS, REGULATIONS AND RULES. Joint Bookrunners and Lead Managers Credit Suisse HSBC UBS Investment Bank Deutsche Bank Société Générale Corporate & Investment Banking Co-manager KEXIM Bank (UK) Limited The date of this Pricing Supplement is 8 March 2016.

2 The Export-Import Bank of Korea Issue of EUR 750,000, per cent. Notes due 2019 under the US$25,000,000,000 Euro Medium Term Note Programme This document constitutes the Pricing Supplement relating to the issue of Notes described herein. The terms and conditions of the Notes (the Conditions ) shall consist of the terms and conditions set out in the offering circular dated 23 April 2015 (the Offering Circular ) as amended and supplemented below. Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Offering Circular. This Pricing Supplement must be read in conjunction with such Offering Circular. 1. Issuer: The Export-Import Bank of Korea 2. (i) Series Number: 1603_EUR750M_20_851(Global, 3yr) (ii) Tranche Number: 1 3. Specified Currency or Currencies: Euro, the currency used by the Institutions of the European Union and is the official currency of the eurozone ( EUR ) 4. Aggregate Nominal Amount: (i) Series: EUR 750,000,000 (ii) Tranche: EUR 750,000, (i) Issue Price: per cent. (ii) Net proceeds (after deducting underwriting discounts but not estimated expenses): EUR 747,435, Specified Denominations: Minimum denominations of EUR 100,000 and integral multiples of EUR 1,000 in excess thereof 7. (i) Issue Date: 15 March 2016 (ii) Interest Commencement Date: 15 March Maturity Date: 15 March Interest Basis: per cent. Fixed Rate (further particulars specified below) 10. Redemption/Payment Basis: Redemption at 100 per cent. of the Nominal Amount 11. Change of Interest or Redemption/Payment Basis: 12. Put/Call Options: 13. Listing: Frankfurt Stock Exchange Open Market Singapore Exchange Securities Trading Limited ( SGX-ST ) P-1

3 14. Method of distribution: Syndicated PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE 15. Fixed Rate Note Provisions Applicable (i) Rate of Interest: per cent. per annum, payable annually in arrear (ii) Interest Payment Date: (iii) Fixed Coupon Amount: (iv) Day Count Fraction: (v) Broken Amount: (vi) Other terms relating to the method of calculating interest for Fixed Rate/ Variable Coupon Amount Notes: 15 March in each year up to and including the Maturity Date, commencing on 15 March 2017 The coupon amount for each Interest Period shall be in accordance with the following formula: (Specified Denomination Amount x Rate of Interest x Day Count Fraction) Actual/Actual (ICMA) (vii) Business Day Convention: Following Business Day Convention If any Interest Payment Date or the Maturity Date falls on a day that is not a Business Day, then payment will not be made on such date but will be made on the next succeeding day that is a Business Day, with the same force and effect as if made on the Interest Payment Date or the Maturity Date (as the case may be), and no interest shall be payable in respect of such delay. 16. Floating Rate Note Provisions 17. Zero Coupon Note Provisions 18. Dual Currency Note Provisions PROVISIONS RELATING TO REDEMPTION 19. Call Option 20. Put Option 21. Redemption Amount (at maturity) Redemption at 100 per cent. of the Nominal Amount 22. Redemption for Taxation Reasons (i) Redemption for Taxation Reasons permitted on days other than Interest Payment Dates: Yes P-2

4 (ii) Redemption Amount(s) payable on redemption for taxation reasons or on event of default and/or the method of calculating the same (if required or if different from that set out in the Conditions): GENERAL PROVISIONS APPLICABLE TO THE NOTES 23. Form of Notes: Registered Notes: Regulation S Global Note registered in the name of a nominee for a common depositary for Euroclear and Clearstream, Luxembourg 24. Additional Business and Financial Centre(s) or other special provisions relating to Payment Dates: 25. Talons for future Coupons or Receipts to be attached to Definitive Notes (and dates on which such Talons mature): 26. Details relating to Instalment Notes: Instalment Date(s); Instalment Amount(s): 27. Redenomination, renominalisation and reconventioning provisions: TARGET2 Settlement Day, London, New York and Seoul No 28. Consolidation provisions: 29. Other terms or special conditions: DISTRIBUTION 30. (i) If syndicated, names of Managers: Joint Lead Managers: Credit Suisse Securities (Europe) Limited Deutsche Bank AG, London Branch The Hongkong and Shanghai Banking Corporation Limited Société Générale UBS Limited Co-manager: KEXIM Bank (UK) Limited (ii) Stabilising Manager: The Hongkong and Shanghai Banking Corporation Limited 31. If non-syndicated, name of Dealer: 32. TEFRA: 33. Additional selling restrictions: P-3

5 OPERATIONAL INFORMATION 34. ISIN Code: XS Common Code: CUSIP: 37. Any clearing system(s) other than Euroclear, Clearstream, Luxembourg and DTC and the relevant identification number(s): Euroclear and Clearstream, Luxembourg 38. Delivery: Delivery against payment 39. Additional Paying Agent(s) (if any): 40. Additional Registrar (if any): LISTING APPLICATION This Pricing Supplement comprises the details required to list the issue of Notes described herein pursuant to the US$25,000,000,000 Euro Medium Term Note Programme of the Export-Import Bank of Korea. The SGX-ST assumes no responsibility for any of the statements made, reports contained or opinions expressed in this Pricing Supplement. Admission of the Notes to the Official List of the SGX-ST is not to be taken as an indication of the merits of the Issuer or the Notes. P-4

THE EXPORT-IMPORT BANK OF KOREA. Issue of CNY 1,250,000,000 Fixed Rate Notes due 2018 under the U.S.$25,000,000,000 Euro Medium Term Note Programme

Pricing Supplement THE EXPORT-IMPORT BANK OF KOREA Issue of CNY 1,250,000,000 Fixed Rate Notes due 2018 under the U.S.$25,000,000,000 Euro Medium Term Note Programme THE NOTES TO WHICH THIS PRICING SUPPLEMENT