Exhibit F
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption “Experts” and to the use of our report dated March 12, 2010, in Post-Effective Amendment No. 4 to the Registration Statement under Schedule B of the United States Securities Act of 1933 and related Prospectus of The Korea Development Bank dated July 30, 2010.
/s/ Ernst & Young Han Young
Ernst & Young Han Young
Seoul, Korea
July 30, 2010