November 25, 2003

Other Major Management Issues: Regarding Samsung Chemicals

Samsung Electronics currently holds 2,589,000 shares (3.78%) of Samsung Chemical’s shares. On 11/27/2003 Samsung Chemicals plans to hold AGM regarding capital reduction (share buyback and retirement, capital reduction)

Following the completion of capital reduction procedure, Samsung Electronics’ ownership of Samsung Chemicals will be 1,914,050 shares (3.91%)

Following the reduction mentioned above, Samsung Electronics will receive a refund in the order of KRW 6.6bill of its investment.


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