December 21, 2004 in Social Responsibility News

Real Estate Sale to Related Party

Details

1. Purchaser : Samsung Corning

2. Transaction property : 30,430 pyeongs of land located in the Tangjeong Industrial Complex,
   (Chungcheongnam-do Asan-si, Korea)

3. Transaction amount : KRW 20,510,000,000
   (Industrial land is required to be sold at a price approved by regulatory authorities.
   The above price was approved from the provincial government of Chungcheongnam-do).

4. Purpose : Samsung Corning will purchase the land to build a manufacturing plant.

5. The BOD of Samsung Electronics authorized the transaction on December 21, 2004.


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