Seoul, Dec 17 (IANS): Lee Myung-bak and Park Geun-hye, former South Korean Presidents currently in jail for corruption convictions, are likely to be excluded from an upcoming New Year's pardon, according to legal sources on Friday.

The Justice Ministry's amnesty review committee plans to hold a two-day meeting from December 20 to determine the beneficiaries of President Moon Jae-in's fifth special amnesty scheduled to be announced later this month, reports Yonhap News Agency.

The nine-member committee meeting will be chaired by Justice Minister Park Beom-kye.

The pardon is expected to be Moon's final presidential pardon before the end of his term in May 2022.

The latest amnesty is expected to focus on those convicted of livelihood-related crimes.

Major corruption-related offenses, such as bribery and embezzlement, will most likely be excluded.

Lee, Park and other convicted big-name politicians, such as former Prime Minister Han Myeong-sook, are also expected to be excluded, the sources said.

Samsung Electronics Vice Chairman Lee Jae-yong, who was convicted for bribery but is currently out on parole, is also likely to be excluded from the deliberation, they added.