Exhibit 99.1
HANMI FINANCIAL CORPORATION
CONTACT INFORMATION:
David Yang (213) 637-4798
www.hanmibank.com
Hanmi Financial Corporation Announces Private Placement of Common Stock
To Woori Investment & Securities
LOS ANGELES, June 27, 2011 (GLOBE NEWSWIRE) Hanmi Financial Corporation (the Company) (Nasdaq:
HAFC), the parent company of its whollyowned subsidiary Hanmi Bank, today announced that it has
entered into a Common Stock Purchase Agreement for a private placement transaction to issue shares of the Companys common stock to Woori
Investment & Securities (Woori). Pursuant to the terms of the Common Stock Purchase Agreement
dated June 27, 2011, between Woori and the Company, Woori will be purchasing that number of shares
equal to 4.9 percent of the Companys outstanding common stock immediately after the closing of the
Companys previously announced public offering, subject to adjustment in certain circumstances, at
a price per share equal to the public offering price. The private placement is contingent upon the
closing of the Companys public offering. The total amount
of common stock being sold in the private placement and the
Companys public offering is expected to total $75,000,000,
assuming no exercise of the underwriters over-allotment option.
Hanmi President and CEO J.S. Yoo stated, We are quite pleased that Woori has committed to invest
in Hanmi in a private transaction, which is a significant step in our collaborative relationship.
We believe that our partnership with Woori Finance Holdings Co. Ltd.,
which is one of Koreas largest financial institutions and the
parent company of Woori Investment & Securities,
should benefit both parties in expanding our ongoing business relationship and help to build value
for our shareholders.
The Company intends to contribute a substantial portion of the net proceeds from the private
placement to Hanmi Bank as additional capital and to support future organic and acquisition driven
growth. The Company intends to retain the remaining net proceeds at the Company level for use as
working capital and other general corporate purposes.
About Hanmi Financial Corporation
Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation,
provides services to the multi-ethnic communities of California, with 27 full-service offices in
Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and a loan
production office in Washington State. Hanmi Bank specializes in commercial, SBA and trade finance
lending, and is a recognized community leader. Hanmi Banks mission is to provide a full range of
quality products and premier services to its customers and to maximize shareholder value.
Forward-Looking Statements
This news release contains forward-looking statements for which the Company claims the protection
of the safe harbor contained in the Private Securities and Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties. A number of factors, many of
which are beyond the Companys ability to control or predict, could cause future results to differ
materially from those contemplated by such forward-looking statements. The Companys Annual
Report on Form 10-K and other SEC filings discuss the most significant risk factors that may affect
its business, results of operations and financial condition. The Company undertakes no obligation
to revise or update publicly any forward-looking statements for any reason.