50DN Wells Fargo 24

RNS Number:5326M
Samsung Heavy Industries Co., Ltd
25 January 2008

    Subject : Entering into Single Sales Contract


1. Type of product                      2 Drillships
2. Contract Amount                      1,255.4billion KRW
3. The Other party to the Contract      Shipbuyer in Oceania
4. Contract Period                      January 25, 2008 September 30, 2011
5. Contract Date                        January 25, 2008
6. Others                               The above amount is based on the exchange
                                        rate of KRW/USD 949.6, the market base rate
                                        of contract date.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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