Purchase of Property & Casualty Insurance Policy

On July 30 of 2010, the BOD of Samsung Electronics authorized the purchase of the following insurance policy.


Details

1. Name of Insurer: Samsung Fire & Marine Insurance Co., Ltd.

2. Date of Purchase: August 1, 2010

3. Type of Insurance: Property & Casualty

4. Terms and Conditions
- Amount of Insurance Premium: KRW 95.5 billion
- Insurance Benefit Ceilings Semiconductor and LCD factories/equipments: KRW 3.5trillion
Factories/equipments in Ku-Mi: KRW 2.7 trillion
Factories/equipments in Suwon: KRW 2.6 trillion
Main building in Seocho, Seoul: KRW 0.8 trillion

- Coverage Period: August 1, 2010 ~ July 31, 2011
- Mode of Payment: Lump-sum payment

5. Purchase of Insurance Policy: To cover damages or loss from fire or other accidents at our business locations, including Semiconductor, LCD and Telecommunication factories.


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