November 27, 2000 in Social Responsibility News

Equity Investment in another Corporation (Acquisition)

"

1. Company Invested

a. name of the company: Samsung Corning Micro-Optics Co., Ltd.

relation: Affiliate

b. Representative: Song, Ki-Ryong

c. Capital (Won): 6,600,000,000

d. Outstanding number of shares (no.): 1,000,000

e. Major business: Optical amplifier components and Mux/Demux Module production and Sales

f. Location: Su-Won-Si Eum-Hyang-Dong



2. Equity Investment

a. Amount invested (Won): 24,901,800,000

b. Number of shares (no.): 3,773,000

c. Number of shares held after investment (no.): 4,263,000

- equity holding rate(%) after investment: 49

d. Scheduled investment date: November 29, 2000



3. Objective of Shares Investment:

Strategic assistance is necessary to have more successful business for Samsung Electronics



4. Total Amount Invested (Won): 340,545,370,780

- proportion of capital (%): 38.62



5. Decision Date (Resolution date of the board of directors): November 27, 2000

- outside directors: present (no.)- absent (no.)-

- auditors: not present



7. The Others

- Along with the above investment decision, participation in the rights offering of

Pusan Newport Co., Ltd., amount of 247.5 Mil KRW, was decided.



[details of amount invested, acquired]





COMPANY NAME

RELATION

AMOUNT INVESTED, ACQUIRED (WON)







SAMSUNG GENERAL CHEMICAL INC.

Affiliate

53,538,719,190





SAMSUNG SDI

Affiliate

80,919,581,590





SAMSUNG CORNING PRECISION GLASS

Affiliate

115,523,520,000





SEROME TECHNOLOGY

-

44,000,000,000





BLUEBIRDSOFT INC.

-

10,199,000,000





4DL INC.

-

8,250,000,000





I-MARKET KOREA

-

1,900,000,000





SKY EDUCATION

-

660,000,000





NEXSOFT

-

199,000,000





SAMSUNG CORNING MICRO-OPTICS

-

24,901,800,000





PUSAN NEWPORT CO. LTD.

-

453,750,000






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