Real Estate Lease

24 Jul 2006 07:00

Samsung Electronics Co. Ld24 July 2006 Real Estate Lease to Affiliate On July 14, 2006, the BOD of Samsung Electronics authorized the Company'sReal Estate Lease to S-LCD(affiliate, a joint venture between Samsung and SonyCorp.). • Details- Annual Rent: KRW 128.1 billion- Contract date: July 14, 2006- Leasing period: From the contract date to the end of the joint venture(between Samsung Electronics and Sony Corp.)- Transaction property: Land, building and clean room, etc. (Tangjeong-myun, Asan-si, Chungcheongnam-do, Korea) * The annual rent is subject to change as it was calculated, consideringdepreciation & amortization, interest rate and labor cost, etc. This information is provided by RNS The company news service from the London Stock Exchange