Public Disclosure

01/10/2003

Additional Restructuring Expenses for CRT in 4Q

LG Electronics booked approximately KRW 130bilion in equity method appraisal losses from asset impairment* on LG.Philips Displays'(CRT subsidiary) fixed assets during 4Q 2002.
The actual restructuring is planned to be conducted during 2003 on fixed assets of LG.Philips Displays.

* Asset Impairment : An item applied under US GAAP where the utility of an asset is considered and, if this actual value is lower than the asset's book value, the book value is adjusted to reflect the lower valuation.

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