Press Release

08/01/2004

LG Electronics, Gemstar-TV Guide Sign Interactive Program Guide License Agreement

Gemstar-TV Guide's IPG will be Used in LG Digital TVs and Digital Recording Devices in North America

Gemstar-TV Guide's IPG will be Used in LG Digital TVs and Digital Recording Devices in North America

LG Joins Growing List of Licensees for Gemstar-TV Guide's IPG for CE Products -

LAS VEGAS, Jan. 8, 2004 - LG Electronics, Inc. (Korea Stock Exchange: 6657.KS) and Gemstar-TV Guide International, Inc. (NASDAQ: GMST) have signed a multi-year agreement under which LG has licensed the right to incorporate TV Guide On Screen, Gemstar-TV Guide's interactive program guide (IPG) for consumer electronics, into digital television products.

Under the agreement, the licensed products include LG-brand integrated digital TV sets, digital video recorders (DVRs) and DVD recorders sold in North America. Among the first LG products to incorporate TV Guide On Screen will be a new HDTV DVR and a unique 60-inch rear-projection LCD integrated HDTV with a built-in DVR. Both will be introduced here this week at the International Consumer Electronics Show, where they also will be honored with CES 2004 Innovations Awards. (TV Guide On Screen will be demonstrated in these products at the LG Electronics booth #8314, Central Hall.) Selected HDTV products sold under LG's Zenith brand also are covered by the license agreement.

"LG's leading-edge digital television products are the perfect complement to our IPG technology," said Doug Macrae, president, TV Guide Consumer Electronics. "This agreement represents another big step forward for TV Guide On Screen and reflects consumer electronics manufacturers' growing interest in incorporating our IPG into their expanding product lines. We look forward to continuing to provide LG customers with an easy and convenient way to navigate their television viewing and recording options."

Richard Lewis, Senior Vice President, LG Electronics USA, Inc., hailed the Gemstar-TV Guide agreement as "another enhancement to LG's digital HDTV product offerings," adding: "Seamless navigation, recording flexibility and viewing convenience are what the interactive program guide platform is all about. This IPG enhances the digital experience for the high-end consumers LG is attracting with its broad digital HDTV product line."

TV Guide On Screen is an interactive program guide that is built directly into consumer electronics products, including digital, plasma and LCD televisions, DVRs and DVD recorders. The guide offers interactive on-screen program listings from TV Guide, the most trusted name in program listings, that enable viewers to quickly and easily navigate, sort, select, and schedule television programming for viewing and recording, all with simple remote control commands.

TV Guide On Screen's patented technology delivers continuously updated program listings to users, regardless of whether they receive their television signal via cable or over-the-air broadcast. TV Guide On Screen works by simply plugging in the television or recording device and activating the guide through an express set-up process. The guide requires no subscription or phone connection and is available at no extra cost to the consumer.

Under the agreement, LG Electronics will pay license fees to Gemstar-TV Guide based on the number of units sold that include the licensed technology. The agreement does not include a minimum commitment.

About Gemstar-TV Guide International, Inc.
Gemstar-TV Guide International, Inc., is a leading media and technology company that develops, licenses, markets and distributes technologies, products and services targeted at the television guidance and home entertainment needs of consumers worldwide. The company's businesses include: television media and publishing properties; interactive program guide services and products; and technology and intellectual property licensing. Additional information about the company can be found at www.gemstartvguide.com.

Except for historical information contained herein, the matters discussed in this news release contain forward-looking statements that involve risks and uncertainties, including risks and uncertainties related to the Company's transition to a new management and corporate governance structure; an ongoing SEC investigation and pending litigation; the timely availability and acceptance of new products; the impact of competitive products and pricing; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 8-K and 10-Q, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements.

Note to Editors: Gemstar-TV Guide and TV Guide On Screen are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. The names of other companies and products used herein are for identification purposes only and may be trademarks of their respective owners.

About LG Electronics
LG Electronics, Inc. (Korea Stock Exchange: 6657.KS) was established in'58 as the pioneer in the Korean consumer electronics market. The company is a global force in electronics, information and communications products with more than 64,000 employees working in 76 overseas subsidiaries and marketing units around the world. LG Electronics comprises' three primary business companies: Digital Display & Media, Digital Appliance, and Telecommunication Equipment & Handset. LG Electronics' goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever. For more information, please visit www.lgeus.com.

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