June 02, 2004 in Social Responsibility News

Addition of an affiliate company

1. Affiliate company to be added:
A. Name: S-LCD
B. CEO: Wonki Chang
C. Capital: KRW 1,260,000,000,000
D. Total Assets: KRW 1,260,000,000,000
E. Major Business Area: Manufacturing and Sales of TFT-LCD

2. Acquisition Details:
A. Amount: KRW 630,000,005,000
B. Shares: 126,000,001
C. Investment Ratio after the acquisition: 50%

3. Samsung Group Status
Before acquisition
A. Number of affiliates: 63
B. Total Assets: KRW 191,071,876,000,000
After acquisition
A. Number of affiliates: 64
B. Total Assets: KRW 192,331,876,000,000

4. Reason for the addition: Founding of a new company

5. Effective date: June 1, 2004

6. 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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