July 15, 2005

Purchase of Property & Casualty Insurance Policy

The BOD of Samsung Electronics authorized a purchase of a property and casualty insurance policy from Samsung Fire & Marine on July 15, 2005.

Details
1. Insurance company: Samsung Fire & Marine Insurance Co., Ltd.
2. Insurance name: Property and casualty insurance.
3. The insurance policy aims to cover damage or loss that Samsung Electronics may suffer from fire or other accidents at semiconductors and LCD plants.
4. Total premium: KRW 71.2 billion
5. Coverage limit: KRW 3.5 trillion
6. Insurance period: August 1, 2005 to July 31, 2006


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