26th Feb 2008 08:25
Samsung Electronics Co. Ld26 February 2008 Appeal Court Ruling on Samsung Motors Case On February 26, 2008, Samsung Electronics appealed Seoul District Court's rulingdated February 14, 2008, on Samsung Motors case. Basis of the Appeal 1. Seeking to dismiss the plaintiff's claims and the court ruling made againstthe defendant 2. Seeking to have the plaintiff reimburse the full cost of lawsuits * 1. This lawsuit is related to the agreement regarding court receivership ofSamsung Motors which Chairman Lee and 28 Samsung affiliates including SamsungElectronics have made with 14 creditors of Samsung Motors including SeoulGuarantee Insurance in September 1999. 2. Related public disclosures: Lawsuit against Samsung Electronics and itsAffiliates Regarding Samsung Motors, December 22, 2005; and Court's Ruling onLawsuit against Samsung Electronics and its affiliates, February 14, 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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