August 13, 2004 in Social Responsibility News

Real Estate Rental from Related Party

- Lessor: Samsung Life Insurance
- Relationship to the company: Affiliate
- Deposit: KRW 497,258,500
- Rent: KRW 895,050,000
- Rental period: July 1, 2004 to December 31, 2005
- Contract signing date: August 13, 2004
- Transaction property: 585.01 pyeongs of office space
- Others: The above disclosure is made since changes to the existing contract (dated December 22, 2003) terms and conditions were made to reduce the rental space from 617 pyeongs to 585.01 pyeongs and a resulting cut in deposit from KRW 524,000,00 to KRW 497,258,500, and a cut in monthly rent from KRW 52,000,000 to 49,725,000.


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