Lee Hyo-ri, the 30-year-old sex icon, will be free from an exclusive contract with her current management agency, Mnet Media, from December, leaving both the broadcast and entertainment circles to pay special attention to her next agency-contract move.

However, Lee has decided to get reunited with Kil Jong-hwa, who was the manager of the defunct four female singer group Fin.K.L that Lee belonged to, online entertainment news Newsen.com said Friday.

Kil has recently set up a management agency to promote Lee’s activities. Their projected reunion has spread since last summer. But the two sides have not disclosed the plan as Lee has to release one more album under the contract with Mnet Media.

Lee is preparing her fourth solo album, whose release date has not yet been determined amid speculation that it will hit the market in October or November.

As a result, this will be the final album to be released under the management of Mnet Media. Currently, Lee appears in Family Outing, “the first division of Sunday Is Good,” the entertainment program of SBS TV.

It was reported that Lee had been offered some 2 billion won for the management contract from several entertainment agencies, but she rejected the offers and chose instead to be reunited with Kil.