Notice of Changes in Samsung Card Company Beneficial Ownership

On December 13, 2013, Samsung Life Insurance disclosed acquisition of approximately 7.4million shares of Samsung Card Company from Samsung C&T Corporation (2.5%), Samsung Electro-Mechanics (3.8%), and Samsung Heavy Industries (0.8%). Samsung Life Insurance reported in a regulatory filing that the transaction occurred after market closed on 13 December and the total transaction amount was KRW 264 billion (KRW 35,700 per share). As a result of this transaction, Samsung Life Insurance’s beneficial ownership of Samsung Card Company increased from 28% to 34.4%.

Details
- Parties involved: Samsung Life Insurance (Purchaser)
Samsung C&T Corporation (Seller)
Samsung Electro-Mechanics (Seller)
Samsung Heavy Industries (Seller)
- Items of Transaction: 7.4 million shares of Samsung Card Company
- Value of Transaction: KRW 264 billion
- Date of Transaction: December 13, 2013


* This public disclosure is in accordance with the Financial Investment Services and Capital Markets Act (Article 200-1), which mandates major shareholder (Samsung Electronics) of a stock-listed corporation to report matters concerning the current status of specific securities, etc. owned by type and changes therein.