December 18, 2003 in Social Responsibility News

Matters Related to Timely Disclosure (FD)

※ The board has not yet approved the following provisional information.


















1. details of information


On December 18, 2003 Samsung Card and Samsung Capital have announced a plan under which the credit card company will take over Samsung Capital and the merged company will raise KRW 1 trillion in additional equity through a rights issuance.Samsung Electronics, the major shareholder of the respective companies, is examining whether to approve the merger plan and to participate in the equity issuance - Samsung Electronics’ ownership percentage in the merged company will be determined by an independent agency. BOD resolutions regarding the planned merger and rights offering will be made public immediately.





2. details of
selective disclosure

information provider


Samsung Electronics Co., Ltd.





information recipients

-




date & time, event name, and
place of information release


-





3. contact points

disclosure officer (tel.)

Doh-Seok Choi, President & CFO




disclosure staff (tel.)

IR Team(02-727-7286)




dept. name (tel.)

IR Team




4. others


-


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