July 14, 2006

Purchase of Property & Casualty Insurance Policy

On July 14, 2006, the BOD of Samsung Electronics authorized the purchase of a property & casualty insurance policy.

Details

1. Insurer: Samsung Fire & Marine Insurance Co., Ltd.

2. Insurance Policy Purchase Date: August 1, 2006

3. Type of Insurance Policy: Property & casualty insurance policy

4. Terms and Conditions of Insurance
- Insurance Premium: KRW 75.2 billion
- Insurance Claim: KRW 3.5 trillion
- Insurance Period: From August 1, 2006 to July 31, 2007
- Premium Payment Mode: Lump-sum payment

5. Purchase of Insurance Policy: To cover possible damage or loss from fire or other accidents at semiconductor or LCD factories


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