50DN Wells Fargo 24

TIDM50DN

RNS Number : 0507J

Samsung Heavy Industries Co., Ltd

24 June 2011

Entering into Single Sales Contract

Object of Contract: 1 Drillship

Contract Amount: 653.3 billion KRW

Amount of Sales in the Latest Fiscal Year: 13,053.9 billion KRW

Contract Amount relative to Sales: 5.00%

Counterparty: Ship-owner in Oceania

Area of Sales: Oceania

Contract Period: June 23, 2011 Nov 30, 2013

Contract Date: June 23, 2011

Others

The above contract amount is based on the exchange rate of KRW/USD 1,075 , 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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