November 16, 2004 in Social Responsibility News

Sale of Assets to Related Party

1. Samsung Info:
A. Accumulated sales amount of assets (2004): KRW 2,200,000,000
B. Total Shareholder's Equity: KRW 29,414,475,583,642
C. Sales amount as a portion of Shareholder's equity: 0.007%

2. Transaction Details:
A. Counterparty: Samsung Kwangju Electronics
B. Relations to Samsung Electronics: Affiliate
C. Amount: KRW 2,200,000,000
D. Assets: Raw Materials
E. Reason: Disposal of raw materials due to relocation of manufacturing base
F. Market Value of Assets: KRW 2,200,000,000
G. Impact from sale of assets: Improved manufacturing competitiveness through relocation of manufacturing base
H. AGM Approval Date: Nov 15, 2004


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