September 15, 2004 in Social Responsibility News

Equity Investment in Related Party

1. Investee (related party)

S-LCD Corp.




- Relationship to company

Affiliate




2. Details of investment

Date of investment

09/24/2004




Investment target

Cash




Investment amount (KRW)

420,000,000,000




Total investment amount in related party concerned (KRW)

1,050,000,005,000




3. Purpose of investment


Participation in rights offering





4. Board decision date

09/13/2004




- Attendance of outside directors

Present(no.)

7

Absent(no.)

0




- Attendance of auditors

Present




5. Applicability of Fair Trade Act

No




6. Others


The planned equity investment is the second round of payment of the capital under the Samsung-Sony joint venture contract which requires Samsung and Sony to pay 60% of the KRW 2.1 trillion capital at the establishment of the joint venture and 40% later. The ownership structure of the joint venture: Samsung Electronics (50% plus 1 share), Sony (50% minus 1 share) The investment date is the date on which Samsung Electronics will make the payment. The auditors are the members of the audit committee (the audit committee of Samsung Electronics is composed of 3 outside directors, all of whom were present at the September 13 board meeting)





※ Date of relevant disclosure

-


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