50DN Wells Fargo 24

TIDM50DN

RNS Number : 3926E

Samsung Heavy Industries Co., Ltd

06 April 2011

Entering into Single Sales Contract

Object of Contract: 2 Drillships

Contract Amount: 1,219.9 billion KRW

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

Contract Amount relative to Sales: 9.35%

Counterparty: Ship-owner in Europe

Area of Sales: Europe

Contract Period: Apr 5, 2011 Dec 30, 2013

Contract Date: Apr 5, 2011

Others

The above contract amount is based on the exchange rate of KRW/USD 1,086.9, 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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