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June 25, 2012 in Special Events News

SEC’s Stake Acquisition in SEHF Korea

On June 25, 2012, the BOD of Samsung Electronics decided to purchase a 100% stake in its sub-subsidiary SEHF Korea from its overseas subsidiary SEHF (Samsung Electronics Hainan Fiber Optics). This acquisition is intended to improve business competitiveness by fostering synergy.

Details of the Transaction
- Total number of shares to be acquired: 379,440 shares
- Total value of shares: Approx. KRW 104.99 billion
- Transaction date: September 10, 2012 (planned date)

* Pursuant to the Fair Trade Act, a company is required to disclose any transaction with its affiliates that exceeds KRW 5 billion.