April 13, 2005 in Social Responsibility News

Real Estate Lease to Affiliates

Samsung Electronics leased real estate to its affiliates shown below:

1. Samsung Engineering
- Lessee: Samsung Engineering
- Relationship to Samsung Electronics: Affiliate
- Deposit: -
- Rent: KRW 8,160,000 (for 12 months, VAT excluded)
- Leasing period: April 4, 2005 to April 3, 2006
- Contract date: April 4, 2005
- Transaction property: 34 pyeongs of office space
(Gyeonggido Yonginsi Giheungeup Nongseori 128, Korea)
- The transaction is not subject to authorization of the BOD.


2. Samsung Life
- Lessee: Samsung Life
- Relationship to Samsung Electronics: Affiliate
- Deposit: -
- Rent: KRW 360,000 (for 9 months, VAT excluded)
- Leasing period: April 11 to December 31, 2005
- Contract date: April 11, 2005
- Transaction property: 2 pyeongs of office space
(Chungnam Cheonansi Seongseongdong 510, Korea)
- The transaction is not subject to authorization of the BOD.



3. Samsung Fire & Marine Insurance
- Lessee: Samsung Fire & Marine Insurance
- Relationship to Samsung Electronics: Affiliate
- Deposit: KRW 1,160,800,000
- Rent: -
- Leasing period: April 12, 2005 to December 31, 2006
- Contract date: April 12, 2005
- Transaction property: 1,160.8 pyeongs of office space
(Ulsan Junggu Haksandong 47-20, 21, Korea)
- The transaction is not subject to authorization of the BOD.


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