October 18, 2004 in Social Responsibility News

Debt Guarantee for Related Party.

1. Debtor (related party)

Samsung Electronics America (SEA)




- Relationship to company

Overseas subsidiary




2.Details of debt guarantee

Date of guarantee

-




Creditor

-




Contents of principal debts


Debt guarantee to floating rate notes (FRNs) issued by Samsung Electronics America (SEA), an overseas subsidiary of Samsung Electronics Co., Ltd.





Guarantee period

From

11/09/2004




To

11/08/2007




Guarantee amount (KRW)

114,450,000,000




Accumulated balance of debt guarantee for related party concerned (KRW)

114,450,000,000




Terms and conditions of guarantee


-





3. Board decision date

10/15/2004




- Attendance of outside directors

Present
(no.)

6

Absent
(no.)

1




- Attendance of auditors

-




4. Applicability of Fair Trade Act

No




5.Others


The FX rate applied to the debt guarantee in item No. 2 is KRW 1,144.5 against the US dollar (The basic exchange rate of the day before the BOD resolution date). The amount of debt guarantee listed in item No. 2 is equivalent to USD 100 million. The period of guarantee in item No. 2 is three years following the FRN issue (the FRN issue date is subject to change). The decision date in item No. 3 is the date when the BOD authorized the debt guarantee plan.






Date of relevant disclosure

-


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