50DN Wells Fargo 24

TIDM50DN

RNS Number : 5407D

Samsung Heavy Industries Co., Ltd

24 March 2011

Entering into Single Sales Contract

Object of Contract: 6 Container Ships

Contract Amount: 915.3 billion KRW

Amount of Sales in the Latest Fiscal Year: 13,094.9 billion KRW

Contract Amount relative to Sales: 6.99%

Counterparty: OOCL

Area of Sales: Asia

Contract Period: March 23, 2011 June 30, 2013

Conditions of Contract: -

Contract Date: March 23, 2011

Others

The above contract amount is based on the exchange rate of KRW/USD 1,121.7, the market base rate of contract date.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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