SNP Genetics Inc. announces a share repurchase program. Under the program, the company will repurchase up to 141,700 shares for KRW 566.8 million based on the closing price of KRW 4,000 per share on November 14, 2013. The company will make open market repurchases through KONEX Market.

The purpose behind the program is to stabilize the stock price and to protect shareholder value. The company will repurchase up to 14,170 shares on any one day in the program. Repurchases will continue until February 15, 2014.

As of November 14, 2013, the company has 58,300 shares in direct ownership of treasury stock and no shares in treasury under trust agreement.