MIRA INFORM REPORT

Report Date :

25.09.2012

IDENTIFICATION DETAILS

Name :	CHEIL INDUSTRIES INC.

Registered Office :	290, Gongdan 2-dong, Gumi-si, Gyeongbuk-do

Country :	South Korea

Financials (as on) :	30.06.2012

Date of Incorporation :	15.09.1954

Com. Reg. No.:	504-81-00025

Legal Form :	Listed Company

Line of Business :	Manufacture of Synthetic Resin and Other Plastic Materials

No. of Employees :	4,976

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Good
Payment Behaviour :	No complaints
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 30^th, 2012

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

South Korea

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

SOUTH KOREA - ECONOMIC OVERVIEW

South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's 20 largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea''s development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 0.3% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy, and growth was 3.6% in 2011. In 2011, the US-South Korea Free Trade Agreement was ratified by both governments and is projected to go into effect in early 2012. The South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP

Source : CIA

Basic

Company Name	CHEIL INDUSTRIES INC. (Korean Company Name : “제일모직(주)”)
Registered Address	290, Gongdan 2-dong, Gumi-si, Gyeongbuk-do, Korea
Zip Code	730-710
Tel	+82-54-468-2114
Fax	+82-54-468-2229
E-mail	ciidesk@samsung.co.kr;ircii@samsung.co.kr
Website	www.cii.samsung.co.kr
Trading Address	Soosong Tower Bldg., 83-1, Soosong-dong, Jongro-gu, Seoul, Korea (P.O.BOX 1955)
Tel	+82-2-751-3355
Fax	+82-2-2076-6966
Other Address-Seoul Office- Textile Business	Samsung Jaeil Bldg., 707-2, Yoksam-dong, Gangnam-gu, Seoul, Korea
Tel	+82-2-751-3355
Fax	+82-2-6099-2097 +82-2-6099-2237
Other Address-Euiwang Main Office	332-2, Gochun-dong, Euiwang city, Gyunggi-do, Korea
Tel	+82-31-596-3114 +82-31-596-3819
Fax	+82-31-596-3114 +82-31-596-3882
Other Address-Chemical R&D Center	332-2, Gocheon-dong, Uiwang-si, Gyeonggi-do, Korea
Tel	+82-31-596-3081~2
Fax	+82-31-596-3088
Other Address- Fashion	Soosong Tower Bldg., 83-1, Soosong-dong, Jongro-gu, Seoul, Korea
Tel	+82-2-2076-7114
Fax	+82-2-2076-6966
Other Address-Yosu Plant	62, Pyungyo-dong, Yosu city, Chun Nam Province, Korea
Tel	+82-61-689-1114
Fax	+82-61-689-1144
Other Address-Gumi Plant	290, Gongdan-dong, Gumi city, Gyungbuk Province, Korea
Tel	+82-54-468-2114
Fax	+82-54-468-2229
Other Address-Fashion Institute	Soosong Tower Bldg., 83-1, Soosong-dong, Jongro-gu, Seoul, Korea
Tel	+82-2-2076-7655
Fax	+82-2-2076-7659
Other Address-Daejeon Branch	Floor No. 3, Korea Yakurt Bldg, 1297, Doonsan2-dong, Seo-gu, Daejeon city, Korea
Tel	+82-42-470-8900
Fax	+82-42-470-8999
Other Address-Daegu Branch	Floor No. 5, Samsung Fashion, Dongsung Road, 35-14, Bongsan-dong, Joong-gu, Daegu city, Korea
Tel	+82-53-250-1500
Fax	+82-53-250-1599
Other Address-Busan Branch	28-24, Namchun-dong, Sooyoung-gu, Busan city, Korea
Tel	+82-51-620-5670
Fax	+82-51-620-5649
Other Address-Gwangju Branch	Floor No. 7, Donghwa Bldg., 96-2, Woonam-dong, Buk-gu, Gwangju city, Korea
Tel	+82-62-510-5500
Fax	+82-62-510-5595
Other Address-Gwangju Office-Chemicals	Floor No. 6, Gwangju Trade Bldg., 1589-1, Woosan-dong, Gwangsan-gu, Gwangju city, Korea
Tel	+82-62-945-8844
Fax	+82-62-945-8858
Other Address-Daegu Office-Chemicals	Floor No. 2, Samsung Life Insurance, 219-2, Naedang1-dong, Seo-gu, Daegu city, Korea
Tel	+82-53-564-4695
Fax	+82-53-564-4698
Other Address-Busan Office	Floor No. 8, Samsung Financial Plaza Bldg., Choryang1-dong, Dong-gu, Busan city, Korea
Tel	+82-51-465-6829
Fax	+82-51-463-9152
Type	Export / Import
Industry	Manufacture of Synthetic Resin and Other Plastic Materials
Main Business	Clothing, Fabrics, Engineering Plastic, Solid Surface, Epoxy Molding Compound, Engineered Stone
Sub Business	Manufacture of Men's Suits and Coats
Established (mm/dd/yyyy)	09/15/1954

Detailed Products

Activity	Detailed Products (UNSPSC)
Sell	Fabrics and leather materials(11160000)
Sell	Clothing(53100000)
Sell	Uniforms(53102700)
Sell	Mens suits(53101902)
Sell	Athletic wear(53102900)
Sell	Polycarbonate resin(13111012)
Sell	Stone(11111600)
Sell	Resins(13111000)
Sell	Stone or tile flooring(30161706)
Sell	Polybutylene terepthatlate(13111011)
Sell	Coating paints(31211504)
Sell	Pastes(31201602)
Sell	Electronic component parts and raw materials and accessories(32131000)
Sell	Acrylonitrile butadiene styrene resin(13111004)
Sell	Knit synthetic fabrics(11161804)

CEO’s

Name	Park Jong-Woo
Date of Birth	07/10/1952
Title	President & CEO
Sex	Male
Nationality	Korean

Profiles

Capital (KRW)

262,188,255,000

Employees

4,976

Formation

Listed Company (Korea Stock Exchange: 001300) as of 05/15/1975

A Company of Samsung Business Group

Bank Details

Woori Bank-Namdaemun Branch

Korea Exchange Bank-Seosomun Branch

Corporate Registered No.

170111-0000076

Business Registered No.

504-81-00025

Permit & Licenses

1996 ISO 14001

1994 It was the first Korea textile company to acquire ISO 9002 certificate

1988 Firstly acquired the Q mark (quality certificate) for its wool products in Korea

1965 Firstly acquired Wool mark license in Korea

Int’l Trade No.: 710448

Shareholder Position

Name	Shares	%
NATIONAL PENSION SERVICE(110171-0007134)	4,013,302	7.65
KOREA INVESTMENT TRUST MANAGEMENT CO., LTD.(110111-2006983)	3,121,024	5.95
MIRAE ASSET INVESTMENT MANAGEMENT CO., LTD.(110111-1441685)	4,736,251	9.03
SAMSUNG CARD CO., LTD.(110111-0346901) & OTHERS SAMSUNG AFFILIATES(3)	3,749,441	7.15
TREASURY STOCK	1,849,992	3.53
OTHERS	34,967,641	66.68
TOTAL	52,437,651	100.00

Company History

09/15/1954 Incorporated as Cheil Wool Textile Co (“제일모직공업”)

07/01/1972Incorporated Cheil Synthetic Fiber

05/15/1975 Listed at Korea Stock Exchange market

02/26/1976 Changed company name to the present name(“제일모직(주)”)

03/05/1989 Changed English company name to the present name from Cheil Wool Textile Co

03/2007 Acquired ACE DIGITECH CO., LTD.(130111-0035477)

04/13/2011 Acquired ACE DIGITECH CO., LTD.(130111-0035477)

Detailed Information

Management

Job Description	Title	Name	Nationality	Date of Birth	Education
President & CEO	Mr.	Park Jong-Woo	Korean	1952.07.10	Yeonsei University, Korea
Vice President	Mr.	Lee Jang-Jae	Korean	1955.01.14	Yeonsei University, Korea
Sr. Executive Director	Mr.	Lee Seung-Koo	Korean	1956.03.16	Sungsil University, Korea
Outside Director	Mr.	Kim Young-Jin	Korean	1949.12.11	Seoul National University, Korea
Outside Director	Mr.	Kim Sung-Jin	Korean	1958.03.23	Seoul National University, Korea
Outside Director	Mr.	Hong Seok-Joo	Korean	1953.09.04	Seoul National University, Korea
Outside Director	Mr.	Kim Nan-Do	Korean	1963.03.02	-

Financials

Year / Unit : KRW	Sales	Assets	Net Income
(*)06/2012	2,824,526,106,300	5,203,916,532,577	149,684,998,729
(*)2011	5,417,336,508,041	4,786,803,253,917	241,062,289,600
(*)2010	5,004,411,009,096	3,939,260,593,743	240,389,456,726
2009	4,261,095,872,194	3,118,705,213,545	126,982,554,756
2008	3,727,783,383,538	2,743,857,620,052	157,470,245,967
2007	3,112,402,825,235	2,797,289,969,289	151,262,463,033
2006	2,843,803,136,590	2,226,879,352,036	157,761,406,502
2005	2,629,806,421,199	1,859,317,790,921	151,420,693,529
2004	2,478,872,218,053	1,652,468,444,481	92,559,875,224

(*)Figures are based on the K-IFRS Accounting System.

Financial Description

Authorized Capital(KRW)	500,000,000,000
Paid-Up Capital(KRW)	262,188,255,000
Total Issues Shares	52,437,651

Balance Sheet

Unit : Korean Won	01/01/2012~06/30/2012	As of 12/31/2011	As of 12/31/2010
Total Assets	5,203,916,532,577	4,786,803,253,917	3,939,260,593,743
Current Assets	1,676,660,799,972	1,325,864,200,781	1,156,919,055,325
Cash & Cash Equivalents	130,245,136,156	75,298,336,711	18,196,964,877
Current Financial Instruments	30,000,000,000
Trade Receivables	670,854,692,556	502,567,971,479	460,677,933,684
Other Receivables-Construction	1,787,504,903	794,216,263
Other Receivables	80,622,907,689	55,989,108,528	64,709,570,199
Derivatives			12,115,255,571
Inventories	718,934,818,817	649,120,001,756	562,115,749,139
Other Current Assets	44,215,739,851	42,094,566,044	39,103,581,855
Non-Current Assets	3,527,255,732,605	3,460,939,053,136	2,782,341,538,418
Long-Term Trade Receivables	5,041,779,156	5,040,231,344	5,106,151,029
Other Receivables	79,689,842,494	80,519,496,453	74,429,830,578
Marketable Financial Instruments	1,281,348,001,473	1,359,583,882,353	1,396,548,058,350
Investment_Subsidiaries	110,953,340,620	87,264,440,620	43,102,024,404
Investment_Related Companies	47,423,367,919	47,423,367,919	106,680,933,244
Tangibles	1,562,794,724,675	1,450,903,102,955	1,104,931,608,930
Intangibles	429,708,730,831	422,914,864,841	44,147,063,941
Other Non-Current Assets	10,295,945,437	7,289,666,651	7,395,867,942
Total Liabilities	1,989,328,494,017	1,624,621,464,383	1,208,655,957,793
Current Liabilities	945,001,163,313	783,331,392,574	812,936,552,389
Trade Payables	272,804,627,232	272,958,071,444	343,888,619,397
Other Over Payables	515,118,348	2,646,207,639
Other Payables	228,840,753,681	184,078,284,335	182,944,571,342
Short-Term Borrowings	290,799,970,203	114,035,900,691
Current Portion of Long-Term Debts	39,160,523,954	109,087,540,356	190,737,173,968
Provisions	6,058,942,701	4,695,331,232	5,406,522,186
Deferred Income Tax Credit	16,192,873,161	16,203,115,795	15,355,275,492
Accrued Income Tax	29,801,410,476	11,599,209,100	33,405,952,410
Other Current Liabilities	60,826,943,557	68,027,731,982	41,198,437,594
Non-Current Liabilities	1,044,327,330,704	841,290,071,809	395,719,405,404
Provisions for Long-Term Performance	8,792,290,669	5,168,944,669	4,844,699,500
Long-Term Borrowings	43,283,080,000	12,847,200,000	2,500,000,000
Debentures	727,785,878,045	558,169,232,227	99,828,112,988
Provision for Severance & Retirement	45,477,247,131	32,742,543,369	33,874,138,604
Deferred Income Tax Credit	218,988,834,859	232,362,151,544	254,672,454,312
Capital Stock	262,188,255,000	262,188,255,000	250,000,000,000
Capital Surplus	419,436,693,876	419,207,593,427	136,284,679,389
Accumulate Amount	231,884,464,954	231,884,464,954	231,884,464,954
Others	856,823,902,816	916,126,700,524	974,163,059,038
Profit Surplus	1,444,254,721,914	1,332,774,775,629	1,138,272,432,569
Total Equity	3,214,588,038,560	3,162,181,789,534	2,730,604,635,950
Liab. & Shareholder’s Equity	5,203,916,532,577	4,786,803,253,917	3,939,260,593,743

Income Statement

Unit : Korean Won	01/01/2012~06/30/2012	As of 12/31/2011	As of 12/31/2010
Sales	2,824,526,106,300	5,417,336,508,041	5,004,411,009,096
Cost of Sold Goods	1,977,799,199,630	3,933,313,894,136	3,531,043,161,618
Gross Profit	846,726,906,670	1,484,022,613,905	1,473,367,847,478
Selling Expenses	311,761,700,830	601,405,125,171	545,678,611,344
Admin. Expenses	280,401,518,641	522,680,655,519	465,781,972,695
R&D	70,727,419,531	132,046,968,813	120,535,355,862
Other Operating Income	31,407,790,095	96,781,051,956	59,586,881,625
Other Operating Expenses	10,330,091,147	42,900,527,807	88,263,384,421
Operating Income	204,913,966,616	281,770,388,551	312,695,404,781
Finance Income	26,772,958,994	74,294,784,412	77,712,009,995
Finance Expenses	45,395,969,289	97,410,530,315	102,844,467,093
Income Before Taxes	186,290,956,321	258,654,642,648	287,562,947,683
Income Taxes Expenses	36,605,957,592	17,592,353,048	47,173,490,957
Net Income	149,684,998,729	241,062,289,600	240,389,456,726

Cash Flows

Unit : Korean Won	01/01/2012~06/30/2012	As of 12/31/2011	As of 12/31/2010
Operating Activities Cash Flows	65,846,631,959	219,185,811,164	447,000,122,121
Cash Flows from Operating	78,346,733,948	277,678,678,334	486,969,169,833
Net Income	149,684,998,729	241,062,289,600	240,389,456,726
Interests Received	1,022,351,850	1,627,613,578	1,652,640,198
Dividends Received	19,041,815,911	17,009,315,561	14,287,818,019
Interests Paid	-19,835,444,511	-28,729,586,092	-27,433,112,566
Income Taxes	-12,728,825,239	-48,400,210,217	-28,476,393,363
Cash Flows from Investing	-279,506,412,743	-350,564,064,126	-273,564,838,158
Cash Flows from Financing	268,606,580,229	188,479,624,796	-234,739,142,000
Increase/Decrease in Cash	54,946,799,445	57,101,371,834	-61,303,858,037
Cash at the Beginning of Year	75,298,336,711	18,196,964,877	79,500,822,914
Cash at the End of Year	130,245,136,156	75,298,336,711	18,196,964,877

Products, Technologies, Services Description

Main Products & Services

Textile

1. Men's wear

2. Women's wear

3. Knit

4. Functional Fabrics

5. U's

Fashion

1. Men's line

2. Women's line

3. Beanpole

4. Casual

5. Sports wear

Chemical

1. Engineering plastics

2. Solid surface

Electronic Material

Brand Name: Goldentex, Beanpole, GALAXY, ROGATIS, Issey Miyake, KUHO, Theory, Radianz, Staron

Trade Partners & Competitors

Suppliers

SAMSUNG TOTAL PETROCHEMICALS CO., LTD.

411-1, DOKGOT-RI, DAESAN-EUP, SEOSAN-SI, CHUNGNAM-DO 356-874 SOUTH KOREA

TEL:+82-41-660-6114 FAX:+82-41-681-4812

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

YEOCHUN NAPHTHA CRACKING CENTER CO., LTD.

5TH FL., HANWHA BLDG., 110, SOGONG-DONG, JUNG-KU, SEOUL 100-755 SOUTH KOREA

TEL:+82-2-3706-0500 FAX:+82-2-3706-0471

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

POLYPLUS CO., LTD.

645-2, WOLHA-DONG, YEOSU-SI, JEONNAM-DO 555-290 SOUTH KOREA

TEL:+82-61-685-6121 FAX:+82-61-685-6237

INDUSTRY: MANUFACTURE OF SYNTHETIC RESIN AND OTHER PLASTIC MATERIALS

FUBU-USA

PAMELA DENNIS-USA

IM (ISSEY MIYAKE)-JAPAN

THEORY-USA

SCHOCK-GERMNAY

SHELL-USA

CHEVRON PHILLIPS-USA

BP CHEMICALS-UK

DUPONT-USA

ASAHI KASEI CHEMICALS-JAPAN

ISSEY MIJAKE INC.-JAPAN

TATSUMORI-JAPAN

DENKA-JAPAN

Customers

SAMSUNG ELECTRONICS CO., LTD.

416, MAETAN-DONG, YEONGTONG-KU, SUWON-SI, GYEONGGI-DO 443-370 SOUTH KOREA

TEL:+82-31-200-1114 FAX:+82-31-200-1105

INDUSTRY: MANUFACTURE OF TELEVISION AND RADIO RECEIVERS, SOUND OR VIDEO RECORDING OR REPRODUCING APPARATUSES, AND RELATED GOODS

SAMSUNG GWANGJU ELECTRONICS CO., LTD(200111-0019848)

SAMSUNG ELECTRO-MECHANICS CO., LTD.(130111-0001626)

LG FASHION CORP.(110111-3555187)

SAMSUNG SDI CO., LTD.(110111-0394174)

CHEIL TECHNOLOGY CORP.

SAMSUNG ELECTRONICS HUNGARIAN PRIVA

MARCRAFT-USA

GE APPLIANCE-USA

TCP-TAIWAN

TABRIZ PETROCHEMICAL CO.-IRAN

KENHAN-CHINA

ELECTROLUX-EUROPE

ZARA-EUROPE

Competitors

LG CHEM LTD(110111-2207995)

24TH FL., LG TWIN TOWER EAST ANNEX, 20, YEOUIDO-DONG, YEONGDEUNGPO-GU, SEOUL, KOREA

TEL:+82-2-3773-1114 FAX:+82-2-3773-7933

KOREA KUMHO PETRO CHEMICAL CO.,LTD.(110111-0205975)

23TH FL., KUMHO ASIANA MAIN BLDG., 115, SINMUNNO 1-GA, JONGNO-GU, SEOUL, KOREA

TEL:+82-2-6303-0114 FAX:+82-2-6303-3329

KCC CORPORATION(110111-0221814)

1301-4, SEOCHO 4-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-3480-5000 FAX:+82-2-3480-5424

ILHWA WOOL TEXTILE IND CO.,LTD.(134811-0001587)

576-1, SUYEONG-RI, BONGDAM-EUP, HWASEONG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-227-5381 FAX:+82-31-227-5386

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

Affiliates-Domestic	SAMSUNG C&T CORPORATION 1321-20, SEOCHO 2-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS SAMSUNG FINE CHEMICALS CO., LTD. 190, YEOCHEON-DONG, NAM-GU, ULSAN, KOREA TEL:+82-52-270-6114 FAX:+82-52-272-7925 INDUSTRY: MANUFACTURE OF NITROGENOUS, PHOSPHATIC AND POTASSIC FERTILIZERS SAMSUNG ELECTRO-MECHANICS CO., LTD. 314, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-743 KOREA TEL:+82-31-210-5114 FAX:+82-31-210-5087 INDUSTRY: MANUFACTURE OF COMPUTER OUTPUT/INPUT UNITS AND PERIPHERAL EQUIPMENT SAMSUNG SDI CO., LTD. 575, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-731 KOREA TEL:+82-31-210-7114 FAX:+82-31-210-7161 INDUSTRY: MANUFACTURE OF ELECTRONIC VALVES AND TUBES SAMSUNG TECHWIN CO., LTD. 28, SEONGJU-DONG, CHANGWON, GYEONGNAM-DO 641-120 KOREA TEL:+82-55-260-2114 FAX:+82-55-260-2230 INDUSTRY: MANUFACTURE OF ENGINES FOR AIRCRAFT SEOUL COMMTECH CO., LTD. 448-11, SEONGNAE 3-DONG, GANGDONG-GU, SEOUL 134-847 KOREA TEL:+82-2-2225-6550 FAX:+82-2-2225-6080 INDUSTRY: MANUFACTURE OF COMMUNICATION APPARATUSES WITHOUT ANY LINE CONNECTION AND RADIO OR TELEVISION BROADCASTING APPARATUSES SAMSUNG ECONOMIC RESEARCH INSTITUTE 8FL., KUKJE CENTER BLDG., 191, HANGANGNO 2-GA, YONGSAN-GU, SEOUL 140-702 KOREA TEL:+82-2-3780-8000 FAX:+82-2-3780-8005 INDUSTRY: RESEARCH AND EXPERIMENTAL DEVELOPMENT ON ECONOMICS SAMSUNG SDS CO., LTD. ILOK BLDG., 707-19, YEOKSAM 2-DONG, GANGNAM-GU, SEOUL 135-918 KOREA TEL:+82-2-3429-2174 FAX:+82-2-3429-2100 INDUSTRY: COMPUTER SYSTEM DESIGN AND CONSULTANCY SAMSUNG NETWORKS INC. 8 FL., ASEM TOWER, 159-1, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL 135-798 KOREA TEL:+82-2-2192-3114 FAX:+82-2-3415-6801 INDUSTRY: OTHER SOFTWARE CONSULTANCY AND SUPPLY
Affiliates-Domestic	SAMSUNG CORNING CO., LTD. 472, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-732 KOREA TEL:+82-31-219-7114 FAX:+82-31-219-7010 INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE SAMSUNG LIONS CO., LTD. 6, GOSEONG 3-GA, BUK-GU, DAEGU 702-073 KORE TEL:+82-53-859-3155 FAX:+82-53-859-3118 INDUSTRY: SPORTS TEAMS AND CLUBS MEMC KOREA COMPANY 27, OMOK-RI, SEONGGEO-EUP, CHEONAN-SI, CHUNGNAM-DO 330-831 KOREA TEL:+82-41-550-4114 FAX:+82-41-550-4498 INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES SAMSUNG CORNING PRECISION GLASS CO., LTD. 644-1, JINPYEONG-DONG, GUMI, GYEONGBUK-DO 730-360 KOREA TEL:+82-54-470-4114 FAX:+82-54-470-4381 INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE SAMSUNG HEAVY INDUSTRIES CO., LTD. KIPS, 647-9, YEOKSAM-DONG, GANGNAM-GU, SEOUL 135-080 KOREA TEL:+82-2-3458-7000 FAX:+82-2-3458-7100 INDUSTRY: BUILDING OF STEEL SHIPS HOTEL SHILLA LTD. 202, JANGCHUNGDONG 2-GA, JUNG-GU, SEOUL 100-856 KOREA TEL:+82-2-2230-3226 FAX:+82-2-2230-3795 INDUSTRY: HOTELS CHEIL COMMUNICATIONS INC. 736-1, HANNAM-DONG, YONGSAN-GU, SEOUL 140-210 KOREA TEL:+82-2-3780-2114 FAX:+82-2-3780-2462 INDUSTRY: MEDIA ADVERTISING AGENCIES SAMSUNG PETROCHEMICAL CO., LTD. 500, BUGOK-DONG, NAM-GU, ULSAN 680-110 KOREA TEL:+82-52-278-6000 FAX:+82-52-273-9971 INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS NOVITA CO., LTD. SAN 22, JAEUNGA-RI, JIKSAN-EUP, CHEONAN, CHUNGNAM-DO 330-815 KOREA TEL:+82-41-580-7728 FAX:+82-41-583-4320 INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES SAMSUNG GWANGJU ELECTRONICS CO., LTD. 271, OSEON-DONG, GWANGSAN-GU, GWANGJU 506-253 KOREA TEL:+82-62-950-6114 FAX:+82-62-950-6710 INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES
Affiliates-Domestic	SAMSUNG CARD CO., LTD. 2ND FL., EUNSEOK BLDG. WEST., 1-7, YEONJI-DONG, JONGNO-GU, SEOUL 110-754 KOREA TEL:+82-2-2172-8819 FAX:+82-2-2172-8023 INDUSTRY: CREDIT CARD AND INSTALLMENT FINANCE COMPANIES STECO LTD. 588, MYEONGHAK-RI, DONG-MYEON, YEONGI-GUN, CHUNGNAM-DO 339-863 KOREA TEL:+82-41-861-1823 FAX:+82-41-861-1896 INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES DNS KOREA CO., LTD. 623-5 EOPSEONG-DONG CHEONAN-SI CHUNGNAM-DO 330-290 KOREA TEL:+82-41-620-8000 SECRON CO., LTD. ADDRESS (330-200) 4-4, CHAAM-DONG, CHEONAN-SI, CHUNGNAM-DO 330-200 KOREA TEL:+82-41-620-5050 FAX:+82-41-620-5069 INDUSTRY: MANUFACTURE OF SEMICONDUCTOR- MAKING MACHINERY SAMSUNG ELECTRONICS SERVICE CO., LTD. SAMSUNG ELECTRONICS CS ACADEMY, 327, WONCHEON-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-822 KOREA TEL:+82-31-270-2611 FAX:+82-31-270-2644 INDUSTRY: REPAIR SERVICES OF ELECTRICAL HOUSEHOLD MACHINERY AND APPLIANCES SAMSUNG THALES CO., LTD. 259, GONGDAN-DONG, GUMI, GYEONGBUK-DO 730-030 KOREA TEL:+82-54-460-8511 FAX:+82-54-460-8529 INDUSTRY: MANUFACTURE OF OTHER ELECTRONIC VALVES, TUBES AND ELECTRONIC COMPONENTS N.E.C. LIVING PLAZA CO., LTD. 261-1, SEOHYEON-DONG, BUNDANG-GU, SEONGNAM, KYONGGI 463-824 KOREA TEL:+82-2-3460-6770 FAX:+82-2-3460-6775 INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES BLUE-TEK CO., LTD. 416, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-803 KOREA TEL:+82-31-200-4140 FAX:+82-31-200-4112 INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES SAMSUNG ELECTRONICS LOGITECH CO., LTD. 401, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-390 KOREA TEL:+82-31-200-1800 FAX:+82-31-200-1822 INDUSTRY: ALL OTHER SUPPORTING TRANSPORT SERVICES N.E.C. SAMSUNG ELECTRONICS FOOTBALL CLUB CO., LTD.(135811-0160126) SAMSUNG DIGITAL IMAGING CO., LTD.(135811-0162239)
Affiliates-Overseas	SAMSUNG JAPAN CO., LTD. SAMSUNG AMERICA INC. SAMSUNG FINANCE CORPORATION. SAMSUNG MEXICO ENGINEERING & CONSTRUCTION CANADA TRADE GROUP INC. FISHROUND, INC. ZIREX CORPORATION INC. SAMSUNG TEXAS CONSTRUCTION INC. SAMSUNG OIL & GAS USA CORP SAMSUNG DEUTSCHLAND GMBH SAMSUNG (U.K) LTD. SAMSUNG TRADING PLC. XIOD DISTRIBUTION SAMSUNG FRANCE S.A.S. SAMSUNG ENGINEERING & CONSTRUCTION (M) SDN.BHD. SAMSUNG MALAYSIA SDN. BHD. ERDSAM CO., LTD. SAMSUNG PETROLEUM SINGAPORE LTD. P.T. SAMSUNG DEVELOPMENT SAMSUNG DEVELOPMENT (THAILAND) CO., LTD. SAMSUNG THAILAND CO., LTD. CHEIL HOLDING INC. SAMSUNG CONST. CO. PHILS.,INC. SAMSUNG DESIGN PHILIPPINES INC SAMSUNG (AUSTRALIA) PTY., LTD. SAMSUNG OIL & GAS(TIMOR SEA 06-102) LTD. SAMSUNG (HONGKONG) LTD.
Affiliates-Overseas	S.S. TAIWAN CO., LTD. SAMSUNG E&C (SHANGHAI) CO., LTD. DONGGUAN SAMSUNG STEEL CENTER CO., LTD. SAMSUNG NIGERIA CO., LTD. SAMSUNG ASIA PRIVATE LTD. SAMSUNG SDI AMERICA, INC. SAMSUNG SDI (MALAYSIA) SDN. BHD. SAMSUNG SDI (HONG KONG) LTD. SAMSUNG SDI BRASIL LTDA. ASSOCIATED WOOL EXPORTERS PTY., LTD. ESAMSUNG JAPAN CORPORATION. SAMSUNG FINANCE CORPORATION. SAMSUNG PACIFIC CONSTRUCTION INC. MEADOWLAND DISTRIBUTION SAMSUNG WEBTRADE.COM INC. ZIREX CORPORATION INC. WEB2ZONE., INC. SAMSUNG FOODS AUSTRALIA PTY. LTD. SAMSUNG ITALIA S.A.R.L. S.C. OTELINOX S.A XIOD DISTRIBUTION JSC RUSTONA SS KUKDONG JASATERA J/V SETIS CO., LTD SAMSUNG CONST. CO. PHILS.,INC. SAMSUNG THAILAND CO., LTD. KARSON INDUSTRIAL CO., LTD. ENTERPRISE CO., LTD. SAMSUNG (CHINA) LOGISTICS LTD. SAMSUNG CORPORATION (GAUNGZHOU) LIMITED. DONGGUAN SAMSUNG STEEL CENTER CO., LTD. SINO-SAMSUNG LOGISTICS CO., LTD
Affiliates-Overseas
Affiliates-Overseas	SCOMMTECH JAPAN CO.LTD SAMSUNG TELECOMMUNICATIONS AUSTRALIA PTY LTD. SAMSUNG ELECTRONICS HUIZHOU CO., LTD. SAMSUNG RECEIVABLES CORPORATION SAMSUNG SEMICONDUCTOR INC. SAMSUNG INFORMATION SYSTEMS AMERICA INC. SAMSUNG INTERNATIONAL INC. SAMSUNG TELECOMMUNICATIONS AMERICA LIMITED LIABILITY COMPANY SAMSUNG AUSTIN SEMICONDUCTOR LLC. SAMSUNG RECEIVABLES CORPORATION SAMSUNG SEMICONDUCTOR INTERNATIONAL.INC. SAMSUNG SEMICONDUCTOR MEXICO, S.A.DE C.V. TASMAN PROPERTIES, INC. SAMSUNG AUSTIN SEMICONDUCTOR LLC. SAMSUNG MEXICANA S.A. DE C.V. SAMSUNG ELECTRONICS MANUFACTURING (U.K.) LTD. SAMSUNG TELECOMS (UK) LTD. SAMSUNG SEMICONDUCTOR EUROPE LIMITED SAMSUNG SEMICONDUCTOR EUROPE GMBH SAMSUNG ELECTRONICS GMBH SAMSUNG SEMICONDUCTOR FRANCE S.A.R.L SAMSUNG SEMICONDUCTOR ITALIA S.R.L SAMSUNG SEMICONDUCTOR SWEDEN AB SAMSUNG ELECTRONICS SLOVAKIA S.R.O SAMSUNG TELECOMMUNICATIONS BENELUX SAMSUNG ELECTRONICS RUS SAMSUNG ELECTRONICS UKRAINE SAMSUNG ELECTRONICS KAZAKHSTAN TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD. SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD) SAMSUNG ELECTRONICS PHILIPPINES CORPORATION (FORMER, SMC) SAMSUNG SDI (MALAYSIA) SDN. BHD. SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD. ESAMSUNG ASIA (HOLDINGS) PTE LTD. ESAMSUNG GREATER CHINA CO., LTD. P.T. SAMSUNG TELECOMMUNICATIONS INDONESIA BATINO REALTY CORP.
Affiliates-Overseas	SAMSUNG YOKOHAMA RESEARCH INSTITUTE SAMSUNG ELECTRONICS AMERICA INC. SAMSUNG ELECTRONICS CANADA INC. SAMSUNG ELECTRONICS MEXICO S.A. DE C.V. SAMSUNG ELECTRONICS (UK) LTD. SAMSUNG ELECTRONICS LTD. SAMSUNG ELECTRONICS HOLDING GMBH SAMSUNG ELECTRONICS IBERIA, S.A. SAMSUNG ELECTRONICS FRANCE S.A.S SAMSUNG ELECTRONICS HUNGARIAN RT. SAMSUNG ELECTRONICS ITALIA S.P.A. SAMSUNG ELECTRONICS EUROPE LOGISTICS B.V. SAMSUNG ELECTRONICS BENELUX B.V. SAMSUNG ELECTRONICS OVERSEAS B.V. SAMSUNG ELECTRONICS POLSKA, SP.ZO.O SAMSUNG ELECTRONICS PORTUGUESA S.A. SAMSUNG ELECTRONICS NORDIC AKTIEBOLAG SAMSUNG ELECTRONICS AUSTRIA GMBH SAMSUNG ELECTRONICS SLOVAKIA S.R.O SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD) SAMSUNG ELECTRONICS MALAYSIA SDN.BHD. SAMSUNG VINA ELECTRONICS CO., LTD. SAMSUNG ASIA PRIVATE LTD. SAMSUNG INDIA ELECTRONICS PRIVATE. LTD SAMSUNG INDIA SOFTWARE OPERATIONS PVT. LTD. SAMSUNG TELECOMMUNICATIONS INDIA SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. SAMSUNG ELECTRO-MECHANICS INDONESIA, PT THAI-SAMSUNG ELECTRONICS CO. LTD. SAMSUNG ELECTRONIC PHILIPPINE MANUFACTURING CORP. SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. BHD.
Affiliates-Overseas	SAMSUNG ELECTRONICS ASIA HOLDING PTE LTD SAMSUNG ELECTRONICS HONG KONG CO., LTD. SOUZHOU SAMSUNG ELECTRONICS CO., LTD SAMSUNG (CHINA) INVESTMENT CO., LTD SAMSUNG ELECTRONICS SOUZHOU SEMICONDUCTOR CO., LTD. SAMSUNG ELECTRONICS DIGITAL PRINTING SAMSUNG ELECTRONICS HUIZHOU CO., LTD. TIANJIN SAMSUNG ELECTRONICS CO., LTD. SAMSUNG ELECTRONICS TAIWAN CO., LTD. TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD. TIANJIN SAMSUNG TELECOM TECHNOLOGY CO., LTD. SHANGHAI SAMSUNG SEMICONDUCTOR CO., LTD. SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD SAMSUNG ELECTRONICS SUZHOU LCD CO.,LCD SHENZHEN SAMSUNG KEJIAN MOBILE TELECOM. TECH. CO., LTD. SAMSUNG SEMICONDUCTOR CHINA R&D.,LTD. SAMSUNG ELECTRONICS HAINAN FIBEROPTICS CO., LTD HANGZHOU SAMSUNG EASTCOM NETWORK TECHNOLOGY CO., LTD. SAMSUNG GULF ELECTRONICS CO., LTD. SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD. SAMSUNG ELECTRONICS LATIN AMERICA PANAMA (ZONA LIBRE) S.A. SAMSUNG ELECTRONICA DA AMAZONIA LTDA. SAMSUNG ELECTRONICS ARGENTINA S.A. SAMSUNG ELECTRONICS CHILE LIMITADA(LTDA) SAMSUNG-CROSNA JOINT STOCK COMPANY SAMSUNG ELECTRONICS RUS CO. SAMSUNG RUSSIA SERVICE CENTER SAMSUNG SDI BRASIL LTDA. SEMES AMERICA,INC.(FORMER, KDNSA)
Affiliates-Overseas	SAMSUNG ELECTRONICS SHENZHEN CO.LTD ESAMSUNG ASIA (HOLDINGS) PTE LTD. ESAMSUNG GREATER CHINA CO., LTD. SOUZHOU SAMSUNG ELECTRONICS CO., LTD SAMSUNG ELECTRONICS DIGITAL PRINTING SAMSUNG ELECTRONICS HUIZHOU CO., LTD. TIANJIN SAMSUNG ELECTRONICS CO., LTD. TIANJIN TONGGUANG SAMSUNG ELECTRONICS CO., LTD. TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD. BEIJING SAMSUNG TELECOM. R&D CENTER. SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD SAMSUNG ELECTRONICS CHINA R&D CENTER SAMSUNG ELECTRONICS BEIJING SERVICE CO., LTD SAMSUNG ELECTRONICS LATINO AMERICA MIAMI, INC. SAMSUNG ELECTRONICA COLUMBIA SAMSUNG ELECTRONICS ARGENTINA S.A. SAMSUNG SDI AMERICA, INC. SAMSUNG SDI GERMANY GMBH. SAMSUNG SDI HUNGARY RT. SAMSUNG SDI (MALAYSIA) SDN. BHD. SAMSUNG SDI (HONG KONG) LTD. SAMSUNG SDI BRASIL LTDA. SSH LIMITED. (FORMER, SHUM YIP TAMY LTD.) SAMSUNG SDI MEXICO S.A. DE C.V. SAMSUNG SDI BRASIL LTDA. SAMSUNG SDIG REAL ESTATE GMBH SAMSUNG SDI (HONG KONG) LTD. SAMSUNG SDI BRASIL LTDA. SAMSUNG SDI (HONG KONG) LTD. SAMSUNG SDI BRASIL LTDA. SAMSUNG CORNING MALAYSIA SDN. BHD. TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD SHENZHEN SAMSUNG SDI CO., LTD. TIANJIN SAMSUNG SDI CO., LTD. DONGGUAN SAMSUNG SDI CO., LTD. SHANGHAI SAMSUNG VACUUM ELECTRONIC DEVICES CO., LTD TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD SAMSUNG SDI BRASIL LTDA. SAMSUNG ELECTRO-MECHANICS AMERICA, INC. SAMSUNG ELECTRO-MECHANICS GERMANY, GMBH SAMSUNG ELECTRO-MECHANICS HUNGARY INC. SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD. SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP. CALAMBA PREMIER REALTY CORPORATION. SAMSUNG ELECTRO-MECHANICS INDONESIA, PT
Affiliates-Overseas	SAMSUNG ELECTRO-MECHANICS PTE.,LTD SAMSUNG ELECTRO-MECHANICS HONGKONG CO., LTD. SAMSUNG ELECTRO-MECHANICS MEXICANA, S.A. DE C.V. SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP. SAMSUNG VINA INSURANCE CO. LTD. SAMSUNG HEAVY INDUSTRIES RONGCHENG LTD, CO. SAMSUNG SAKHALIN LIMITED LIABILITY COMPANY SAMSUNG LIFE INVESTMENT (AMERICA) LTD. SAMSUNG LIFE INVESTMENT (U.K.) LIMITED. SAMSUNG PROPERTIES CHINA, LIMITED. SAMSUNG ASSET MANAGEMENT (ASIA) LTD. CHEIL AMERICA INC. SAMSUNG CHEMICAL (USA), INC. SAMSUNG FASHION S.R.L SAMSUNG CHEMICAL EUROPE GMBH ASSOCIATED WOOL EXPORTERS PTY., LTD. TIANJIN SAMSUNG WOOL TEXTILE CO., LTD. SAMSUNG CHEMICAL MATERIAL TRADING (SHANGHAI)CO.LTD. SAMSUNG OPTO-ELECTRONICS AMERICA, INC. SAMSUNG OPTO-ELECTRONICS UK., LTD. SAMSUNG OPTO-ELECTRONICS GMBH SAMSUNG OPTO-ELECTRONICS FRANCE UNISECURITY, INC. SAMSUNG SECUI AMERICA. ESAMSUNG JAPAN CORPORATION. OPENTIDE JAPAN CO., LTD. ESAMSUNG ASIA (HOLDINGS) PTE LTD. OPENTIDE ASIA PTE LTD. ESAMSUNG GREATER CHINA CO., LTD. OPENTIDE GREATER CHINA CO., LTD. OPENTIDE JAPAN CO., LTD. OPENTIDE ASIA PTE LTD. OPENTIDE GREATER CHINA CO., LTD. IMARKET ASIA CO., LTD. OPENTIDE CHINA CO., LTD. IMARKET TIANJIN CO., LTD. SAMSUNG CORNING DEUTSCHLAND GMBH. SAMSUNG CORNING MALAYSIA SDN. BHD. SSH LIMITED. (Ex. SHUM YIP TAMY LTD.) SAMSUNG SECURITIES (AMERICA), INC. SAMSUNG SECURITIES (EUROPE) LIMITED. SAMSUNG SECURITIES (ASIA) LIMITED. OPENTIDE JAPAN CO., LTD. SAMSUNG SDS INFOTECH PVT LTD. OPENTIDE ASIA PTE LTD. OPENTIDE GREATER CHINA CO., LTD.
Affiliates-Overseas	SAMSUNG SDS AMERICA, INC. SAMSUNG SDS EUROPE LTD. SAMSUNG SDS ASIA PACIFIC PTE. LTD. SAMSUNG NETWORKS AMERICA, INC. SAMSUNG NETWORKS BEIJING CO. LTD UNISECURITY, INC. SAMSUNG SDS BRAZIL,LTD. SAMSUNG SDS MEXICO, S.A. DE C.V. SAMSUNG ENGINEERING MAGYARORSZAG KFT SAMSUNG ENGINEERING (MALAYSIA) SDN. BHD. PT SAMSUNG ENGINEERING INDONESIA CO., LTD. SAMSUNG ENGINEERING (THAILAND) CO., LTD. SAMSUNG ENGINEERING PHILIPPINES, INC. SETIS CO., LTD SAMSUNG ENGINEERING INDIA PRIVATE LTD. SAMSUNG ENGINEERING CONSULTING(SHANGHAI)CO.,LTD SAMSUNG ENGINEERING CONSTRUCTION(SHANGHAI) CO., LTD SAMSUNG SAUDI ARABIA LTD. SAMSUNG INGENIERIA MEXICO S.A DE C.V. SAMSUNG INGENIERIA MINATITLAN, S.A. DE C.V. TRIKO ENGINEERING CO., LTD. SAMSUNG ENGINEERING (THAILAND) CO., LTD. CHEIL COMMUNICATIONS AMERICA, INC. CHEIL COMMUNICATIONS EUROPE LTD. CHEIL COMMUNICATIONS GERMANY GMBH CHEIL COMMUNICATIONS INDIA PVT. LTD. CHEIL COMMUNICATIONS (THAILAND) LTD CHEIL COMMUNICATIONS SINGAPORE PTE. LTD SAMSUNG ADVERTISING (BEIJING) INC CHEIL COMMUNICATIONS MEA FZ-LLC CHEIL COMMUNICATIONS DO BRASIL S/C LTDA. CHEIL COMMUNICATIONS MEXICO INC. CHEIL COMMUNICATIONS RUS LIMITED LIABILITY COMPANY SAMSUNG HOSPITALITY AMERICA NEW JERSEY INT'L M.C.INC. CHEIL COMMUNICATIONS INDIA PVT. LTD. SAMSUNG ELECTRONICS SHANGHAI TELECOMMUNICATION CO., LTD(SSTC) SHANGHAI SAMSUNG MECHATRONICS & TRADING CO.,LTD. TIANJIN SAMSUNG TECHWIN OPTO-ELECTRONIC CO., LTD.
Overseas Office-Chemicals / ECM	SAMSUNG CHEMICAL USA,INC 14251 E. FIRESTONE BLVD., LA MIRADA, CA 90638, U.S.A. TEL: +1-562-229-1323 FAX: +1-562-926-9930 EMAIL: SMCHEIL.KIM@SAMSUNG.COM SAMSUNG CHEMICAL EUROPE GMBH(SCEG) AM KRONBERGER HANG 6, 65824 SCHWALBACH T/S., GERMANY TEL: +49-6196-66-7410 FAX: +49-6196-66-7466 EMAIL: CYJ5667@SAMSUNG.COM SAMSUNG CHEMICAL MATERIAL TRADING (SHANGHAI) CO., LTD ROOM NO.2115 SHANGHAI INTERNATIONAL TRADE CENTER 2201 YANAN RD(W) SHANGHAI 200336, CHINA TEL: +86-21-6278-8966 FAX: +86-21-6278-8884 EMAIL: KYUWAN.CHOI@SAMSUNG.COM TOKYO OFFICE ROPPONGI T-CUBE 19F, 3-1-1, ROPPONGI, MINATO-KU, TOKYO, 106-8532, JAPAN TEL: +81-3-6234-2202 FAX: +81-3-6234-2253 EMAIL: JUNHO.CHUNG@SAMSUNG.COM MALAYSIA OFFICE LOT 14.01, 14TH FLOOR, KENANGA INTERNATIONAL, JALAN SULTAN ISMAIL, 50250 KUALA LUMPUR, MALAYSIA TEL: +60-3-2169-6915 FAX: +60-3-2161-1972 EMAIL: SSUK.CHAE@SAMSUNG.COM TIANJIN OFFICE NO.1703 TIANXIN B/D, 125 WEIDI RD, HEXI DISTRICT, TIANJIN, CHINA TEL: +86-22-2840-8639 FAX: +86-22-2840-8638 EMAIL: HOHO22.LEE@SAMSUNG.COM SHENZHEN OFFICE 510834 CHINA SHEN ZHEN RM 2106, GREAT CHINA INTERNATIONAL EXCHANGE SQUARE, JINTAIAN RD.S., FUTIAN DISTRICT, SHENZHEN, CHINA TEL: +86-755-8203-2204 FAX: +86-755-8203-2321 EMAIL: WS.WHANG@SAMSUNG.COM TAIWAN OFFICE 3F NO, 30, LANE 513, RUEIGUANG RD., NEIHU DISTRICT TAIPEI, TAIWAN TEL: +886-2-8751-0033 FAX: +886-2-8751-3131 EMAIL: YH3.KIM@SAMSUNG.COM DUBAI OFFICE P.O BOX 48969 DUBAI, U.A.E. TEL: +971-4-397-8538 FAX: +971-4-397-8539 EMAIL: GANGBONG@SAMSUNG.COM
Overseas Office- Fashion	TRADING(SHANGHAI) CO., LTD C-H 3RD FLOOR ALISON INTERNATIONAL TOWER NO.8 FU YOU ROAD, SHANGHAI, CHINA TEL: +86-21-6330-8500(9001) FAX: +86-21-6330-8897 EMAIL: STRAIGHTSONG@SAMSUNG.COM TIANJIN SAMSUNG FASHION CO., LTD NO.3 JINPINGGLU, YAANDAO, NANKAIQU, TIANJIN, CHINA TEL: +86-22-8761-3078 FAX: +86-22-8761-3079 EMAIL: EMAIL:TSFC@SAMSUNG.COM SAMSUNG FASHION SRL VIA DARWIN 20/22, 20143 MILANO, ITALIA TEL: +39-02-8311-1823 FAX: +39-2-8311-1860 EMAIL: CW.JAHNG@SAMSUNG.COM NEW YORK STUDIO 415 WEST BROADWAY 3RD FLOOR SOUTH, NEW YORK, NY 10012, USA TEL: +1-212-625-3580 FAX: +1-212-625-3558 EMAIL: JAEHYUNBAE@SAMSUNG.COM TIANJIN SAMSUNG WOOL TEXTILE CO., LTD JINQI ROAD, XIANSHUIGU ZHEN, JINNANQU, TIANJIN, CHINA TEL: +86-22-2851-4771 FAX: +86-2851-4779 EMAIL: MINJE.BAE@SAMSUNG.COM ASSOCIATED WOOL EXPORTERS PTY., LTD 2161 1A ADMINISTRATION BUILDING, YENNORA DISTRIBUTION CENTRE, DENNISTOUN AVENUE, GUILDFORD N.S.W., AUSTRALIA TEL: +61-02-9681-3654 FAX: 61-02-9681-3765 EMAIL: SUDUK.JOUNG@SAMSUNG.COM CHEIL AMERICA, INC 1350 AVENUE OF THE AMERICAS, SUITE 1110 NEW YORK, NY 10019, USA TEL: +1-212-399-1300 FAX: +1-212-247-3737 EMAIL: YOUNGMI_PARK@SAMSUNG.COM BIELLA R&D CENTER SAN SEBASTIANO, 2, BIELLA, ITALIA TEL: +39-15-252-0510 FAX: +39-15-252-2495 EMAIL: YOUNGKOOK0108.KWON@SAMSUNG.COM
Subsidiary-Domestic	ASSOCIATED WOOL EXPORTERS PTY., LTD. (96.9% held by the subject company) TIANJIN SAMSUNG WOOL TEXTILE CO., LTD. (74.98% held by the subject company) SAMSUNG CHEMICAL U.S.A INC. (100.0% held by the subject company) SAMSUNG FASHION TRADING (SHANGHAI) CO., LTD. (100.0% held by the subject company) SAMSUNG CHEMICAL EUROPE GMBH (100.0% held by the subject company) CHEIL AMERICA INC. (100.0% held by the subject company) SAMSUNG FASHION. S.R.L (100.0% held by the subject company) SD FLEX CO., LTD.(176011-0039005) (50.0% held by the subject company) GEMIPLUS DISTRIBUTION CO., LTD.(110111-2523416) (100.0% held by the subject company)
Subsidiary-Overseas	TIANJIN SAMSUNG WOOL TEXTILE CO., LTD. SAMSUNG CHEMICAL U.S.A INC. SAMSUNG FASHION TRADING (SHANGHAI) CO., LTD. SAMSUNG CHEMICAL EUROPE GMBH STAREX COMPOUNDING AMERICA INC.
Related Companies	SAMSUNG PETROCHEMICAL CO., LTD.(181211-0000435) (21.39% held by the subject company) SAMSUNG CHEMICAL MATERIAL TRADING(SHANGHAI) CO., LTD. (100.0% held by the subject company) STAREX COMPOUNDING AMERICA INC. (49.23% held by the subject company) CHEIL ADVANCED MATERIALS CO., LTD. (49.02% held by the subject company) ACE DIGITECH CO., LTD.(130111-0035477) (23.42% held by the subject company) SAMSUNG CHEMICAL (THAILAND) CO., LTD. (49.0% held by the subject company)
Cooperative Enterprise	-Technical Support from ASAHI KASEI CHEMICAL-JAPAN GIVENCHY-FRANCE SCHOCK-GERMANY FORALL S.P.A (PAL ZILERI)-ITALY

Sales by Region (Activity & Markets)

Sales/ Unit : KRW	2010	2009	2008
Export	3,170,619,606,129	2,659,126,734,329	2,273,501,722,872
Domestic	1,844,006,502,449	1,599,529,489,762	1,453,221,010,382
Others	3,968,207,127	2,439,648,103	1,060,650,284
Total	5,018,594,315,705	4,261,095,872,194	3,727,783,383,538

The Subject imports the raw materials for Electronics from Japan, and imports wools and cotton from Australia.

Court Action

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (Million KRW)

Status

EUINYEOM(SHANGHAI) MARKET TRADING CO., LTD.

E-LAND LTD.(110111-0536859)

CHINA FASHION DESIGN

The Subject Company & Samsung Bubshin Trading(Shanghai) Co., Ltd. & Mr. Oh Ki-Hak

Related to Infringement of Sales Secrets

1,000

Proceeding

At 09/1999, all Samsung Affiliated companies have signed the agreement on the settlement of Samsung Motor Co., Ltd with the creditors of Samsung Motor Co., Ltd. As of 12/29/2005, regarding this agreement, the creditors of Samsung Motor Co., Ltd had filed on this case against the Group Chairman, Lee Gun-Hee, and other Samsung Affiliated companies including the Subject Company.

01/31/2008: In the 1st round, the Subject & Other Samsung’s Affiliated Companies have been ordered to pay 1,633,800,000,000 KRW and also at the rate of 6.0% as the its interest since 01/01/2001.

News Clipping

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FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.53.29
UK Pound	1	Rs.86.43
Euro	1	Rs.68.95

INFORMATION DETAILS

Report Prepared by :

PDT

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.