RNS Number : 5476I
  Samsung Heavy Industries Co., Ltd
  20 November 2008
   

    Entering into Single Sales Contract



1.     Object of Contract:      2 Drillship
2.     Contract Amount:        2,093.3 billion KRW
-          Amount of Sales in the Latest Fiscal Year:        8,519.1 billion KRW
-          Contract Amount relative to Sales:                     24.57%
3.     Counterparty:                         Ship-owner in Europe
4.     Area of Sales:                         Europe
5.     Contract Period:                      Nov 20, 2008 ~ Mar 31, 2012
6.     Conditions of Contract:           -
7.     Contract Date:                        Nov 20, 2008
8.     Others
-          The above contract amount is based on the exchange rate of KRW/USD 1,449.0, the market base rate of contract date

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  END 
 
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