SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2011

Woori Finance Holdings Co., Ltd.

(Translation of registrant’s name into English)

203, Hoehyon-dong, 1-ga, Chung-gu, Seoul, Korea
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F þ                      Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o                      No þ

 

 

Woori Finance Holdings’ Preliminary Financial Performance Figures
for the Year Ended December 31, 2010

The preliminary financial performance figures for Woori Finance Holdings Co., Ltd. (“Woori Finance Holdings”) for the year ended December 31, 2010, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

														% Change								% Change
														Increase								Increase
Item						4Q 2010				3Q 2010				(Decrease)				4Q 2009				(Decrease)
Revenue		Specified Quarter					6,789,079				8,241,391				(17.62	)			8,201,821				(17.22	)
		Cumulative Basis					34,733,767				27,944,688				—				54,061,689				(35.75	)
Operating Income		Specified Quarter					264,514				758,715				(65.14	)			190,492				38.86
		Cumulative Basis					1,876,289				1,611,775				—				1,383,261				35.64
Income before		Specified Quarter					275,300				743,421				(62.97	)			117,254				134.79
Income Tax Expense		Cumulative Basis					1,860,379				1,585,079				—				1,459,818				27.44
Net Income		Specified Quarter					201,104				508,513				(60.45	)			156,778				28.27
		Cumulative Basis					1,242,060				1,040,956				—				1,026,024				21.06

The figures for the fourth quarter of 2010 presented above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

Woori Bank’s Preliminary Financial Performance Figures
for the Year Ended December 31, 2010

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Finance Holdings, for the year ended December 31, 2010, on a non-consolidated basis, are as follows.

(Units: millions of KRW, %)

														% Change								% Change
														Increase								Increase
Item						4Q 2010				3Q 2010				(Decrease)				4Q 2009				(Decrease)
Revenue		Specified Quarter					5,554,171				6,348,595				(12.51	)			6,392,494				(13.11	)
		Cumulative Basis					25,853,517				21,061,315				—				43,951,956				(41.18	)
Operating Income		Specified Quarter					322,491				550,191				(41.39	)			275,883				16.89
		Cumulative Basis					1,454,718				1,132,227				—				1,034,804				40.58
Income before		Specified Quarter					295,148				596,896				(48.21	)			263,772				11.90
Income Tax Expense		Cumulative Basis					1,447,628				1,152,480				—				1,188,915				21.76
Net Income		Specified Quarter					232,672				436,631				(46.71	)			204,037				14.03
		Cumulative Basis					1,152,285				919,613				—				953,830				20.81

The figures for the fourth quarter of 2010 presented above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.