50DN Wells Fargo 24

RNS Number:3159Q
Samsung Heavy Industries Co., Ltd
18 March 2008

    Subject : Entering into Single Sales Contract


1. Type of product                      2 Drillships
2. Contract Amount                      1,350 billion KRW
3. The Other party to the Contract      Shipbuyer in America
4. Contract Period                      March 17, 2008 July 31, 2011
5. Contract Date                        March 17, 2008
6. Others                               -The above amount is based on the 
                                        exchange rate of KRW/USD 988.3, the 
                                        market base rate of contract date..




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