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February 02, 2005 in Social Responsibility News

Addition of Affiliate

1. Affiliate to be added:
1) Name: SER (overseas subsidiary)
2) CEO: Jang, Chang Deok
3) Financials (as of the end of 2004)
- Total Assets: KRW 9,592,520,480
- Total shareholders’ equity: KRW 6,983,002,860
- Total liabilities: KRW 2,609,517,620
- Paid-in-capital: KRW 77,039,000
4) Major business area: Sale of consumer electronics and mobile handsets
5) Ownership of the largest shareholder and other related parties after the addition: 100%

2. Samsung Group Status
1) Reason for the addition: Covered by the consolidated financial statements of Samsung Electronics.
2) Number of the affiliates after the addition: 127
- Number of the affiliates is based on 63 domestic affiliates specified
under the Fair Trade Commission’s rules governing anti-trust and fair
trade, and 64 overseas subsidiaries covered by the consolidated
financial statements of Samsung Electronics

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