September 13, 2004 in Social Responsibility News

Report on the Status of Treasury Stock

Attention Financial Supervisory Commission:
 We submit a report on the treasury stock status in accordance with regulation 189-2. (Sept. 13th 2004)
 - Samsung Electronics, Jong-Yong Yun (CEO)
 - Address: Kyunggi-Do, Suwon-Si, Youngtong-Ku, Maetan3-Dong 416-Bonji
 - Tel: 031-200-1114
 - Document prepared by: Sang-Ho Park, Head of Corporate Finance team (Sr. VP)
 - Tel: 02-727-7540

  1. Purpose of share buyback: To attain treasury stock price stability

  2. Planned share buyback: KRW 1,900,000,000,000
   - Upper limit on the amount of share buyback (June 30th 2004)
   - KRW 22,447,665 mill.

  3. Type and number of shares
   - Common: 4,000,000.
   - Portion: 2.71%
   - Par value/share: KRW 5,000
   - Total price: 20,000,000,000

  4. Target price for share buyback
    - BOD decision date: Sept. 13th 2004
    - Common share price: 475,000

  5. Method of share buyback: stock market

  6. Period of buyback: Sept. 17th ~ Dec. 16th 2004

  7. Expected holding period following the share buyback: 6 months from the date of final buyback

  8. Security firm used for the transaction: Samsung securities, Daehan Investment securities, Korea Investment securities,
      Prudential Investment securities

  9. Status of treasury stock a day before the share buyback announcement (Sept. 10th 2004)
   - Common stock (Regulation 189-2)
   - Volume: 9,986,625
   - Portion: 6.78%
   - Total amount: KRW 2,169,614 mill
   - Preferred stock (Regulation 189-2)
   - Volume: 1,879,693
   - Portion: 8.23%
   - Total amount: KRW 194,065 mill
   - Net total (Regulation 189-2)
   - Volume: 11,866,319
   - Portion: 6.97%
    - Total amount: KRW 2,363,679 mill

  10. Limitation on the daily maximum buy-orders and underlying basis
   - Daily max. limit on buy-order: 400,000 shares
   - Underlying basis:
   - 10/100 of number of buyback share (4,000,000): 400,000 shares
   - 25/100 of daily trade volume for a month: 10,270,569/23 days
   = 446,546 x 25/100 = 111,637 shares
   - 1/100 of outstanding shares (common): 147,299,337 x 1/100 = 1,472,933

  11. Outstanding shares (June 30th 2004)
   - Common shares:
   - Par value: KRW 5,000
   - Total number of shares issued: 147,299,337
   - Preferred shares:
   - Par value: KRW 5,000
   - Total number of shares issued: 22,833,427
   - Net total:
   - Total number to be issued: 500,000,000
   - Total number of shares issued: 170,132,764
   - Total number of shares not issued: 320,497,236

  12. Status regarding voting rights (June 30th 2004)
   - Shares with voting rights: 147,299,337
   - Total number of shares issued by the company: 170,132,764 (excluding share retirement)
   - Shares without voting rights: 22,833,427 (preferred shares, regulation 369)
   - Shares with restrictions on voting rights: 22,525,321
   - Restriction by commercial law: 10,025,316 (treasury stock, regulation 369)
   - Restriction by anti-monopoly/fair trade related regulations: 12,500,005
   - Samsung Life: 10,641,394 (7.2%)
   - Samsung securities: 2,241 (0%)
   - Samsung Fire, Marine, Insurance: 1,856,370 (1.3%)
    * Note: Samsung Life figure includes special class of shares (18,850)
   - Number of shares with voting rights: 124,774,016
    * Note: AGM voting rate: 84,052,654 (60.2%)


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