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Public Disclosure

03/25/2004

Result of 2nd Annual General Meeting of Shareholders

We are pleased to announce the successful completion of LG Electronics Inc.'s second annual general meeting of shareholders on March 12, 2004. Please refer to following details on the outcome of shareholder voting on the resolutions raised in the meeting.


Shareholder Representation

- Total number of shareholders : 96,531
- Shareholders represented at General Meeting : 323
- Number of Shares with voting rights : 139,411,294
- Shares represented at General Meeting : 104,946,029 (75.3%)

Voting Results by Agenda Item

- Item 1 : FY2003 Financial Statements
[Detail]
Total Assets : 11,277 billion KRW
Total Liabilities : 7,773 billion KRW
Paid-in Capital : 784 billion KRW
Total Equity : 3,505 billion KRW

Sales : 20,176 billion KRW
Ordinary Profit : 837 billion KRW
Net Income : 663 billion KRW

Earnings per Share : 4,227 KRW
Total Dividends : 197 billion KRW

Result : Approved

- Item 2 : Amend Articles of Incorporation
[Detail] Amend Articles 10, 11, 12, 13, 14, 30, 45

Result : Approved

- Item 3 : Election of Directors
[Detail]
Appoint three new independent directors : Jin Nyeom, Kim Il-Seop, and Hong Seong-Won

Board of Directors (After Appointment of Proposed Directors)
Standing Directors : Kim, Ssang Su, Kwon, Young Soo
Non-standing Directors : Kang, Yu Sik
Independent Directors : Kang, Seuk-Jin, Jin, Nyeom, Kim, Il-Seop, Hong, Seong-won
Total : 7 Directors

Result : Approved

- Item 4 : Elect three Audit Committee members
[Detail] Appointment of three new audit committee members : Kang Seuk-Jin, Jin Nyeom, and Kim Il-Seop

Result : Approved

- Item 5 : Payroll limit for directors
[Detail] 4.5 billion KRW

Result : Approved

- Item 6 : Rules on payment of severance benefits for executives

Result: Approved

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