February 27, 2004 in Social Responsibility News

Retirement of an affiliate company

1. Affiliate company to be retired:
A. Name: Samsung Capital
B. CEO: Jinhoon Je
C. Capital: KRW 208,299,000,000
D. Total Assets: KRW 7,275,954,000,000
E. Major Business Area: Consumer Credit

2. Samsung Group Status
Before retirement
A. Number of affiliates: 64
B. Total Assets: KRW 179,454,253,000,000
After retirement
A. Number of affiliates: 63
B. Total Assets: KRW 179,454,253,000,000

3. Reason for retirement: Acquisition of Samsung Capital by Samsung Card

4. Effective date: February 26, 2004

5. Misc:
A. Any amount less than KRW 1,000,000 was discarded from the Total Assets
B. Effective date is the retirement date as noted on FTC's official notice


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