Samsung Electronics SMSN Transactions with related parties

  Samsung Electronics (SMSN) - Transactions with related parties

RNS Number : 6212P
Samsung Electronics Co. Ld
26 October 2012






                                      

                      Transactions with Related Parties



On October 26, 2012, the BOD of Samsung Electronics approved transactions with
related parties as follows.



□ Real estate rental from Samsung Life Insurance

- Transaction property: Building

- Rental period: November 5, 2012~Decembr 31, 2014

- Transaction amount: KRW8,147 million per year



□ Donation to related parties

- Donation to Samsung Foundation of Culture

·Amount: KRW15 billion

- Donation to Samsung Life Public Welfare Foundation

·Amount: KRW8.76 billion

※ Note: Pursuant to the Fair Trade Act, a donator is required to disclose  the 
transaction

if the amount of donation  exceeds KRW5 billion and  the receiving party is  a 
related

party to the donator.



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCBKADBOBDKPKB -0- Oct/26/2012 07:31 GMT
 
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