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Supreme Court Ruling

9th Feb 2006 08:22

Samsung Electronics Co. Ld09 February 2006 Supreme Court Rulingon Manchester Securities Corporation's Lawsuitagainst Samsung Electronics On January 27, 2006, the Supreme Court dismissed the dependant' claimand upheld the lower court ruling. The Court also ruled that the legal cost should be paid by the dependant. - Plaintiff: Manchester Securities Corporation- Dependant: Samsung Electronics Co., Ltd. * All the preferred shares of Samsung Electronics currently in circulation wereissued prior to the 1997 amendment. Therefore, they are not subject to the court ruling. This information is provided by RNS The company news service from the London Stock Exchange

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