SEC’s acquisition of Affiliate’s stake in Overseas Subsidiaries

On April 27, 2012, the BOD of Samsung Electronics decided to purchase Samsung Corp.’s stake in Samsung Japan Corporation (49.04%) and Samsung Asia Pte Ltd (30.00%). The stake acquisition is aimed at reinforcing management efficiency. After the acquisition, the two companies will become wholly-owned subsidiaries of Samsung Electronics.


Details
(1) Purchasing Samsung Corp.’s stake in Samsung Japan Corporation
- Total value of shares: Approx. KRW 159.3 billion
765,000 shares × KRW 208,206 (price per share)
- Transaction date: April 27, 2012

(2) Purchasing Samsung Corp.’s stake in Samsung Asia Pte Ltd
- Total value of shares: Approx. KRW 19.5 billion
18,390,578 shares × KRW 1,058 (price per share)
- Transaction date: April 27, 2012

* Pursuant to the Fair Trade Act, a company is required to disclose any transaction with its affiliates that exceeds KRW5 billion.


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