04 November 2007
Saudi Arabia - LG Electronics and H.G. Ibrahim Shaker marked 13 years of success together.

To celebrate the occasion, LGE, the Electronics and Appliances giant and it's a sole distributor in KSA, H.G. Ibrahim Shaker Company held a ceremony in Riyadh on 28th October 2007.

On behalf of LG Electronics, Mr. H. Y. Nho, President of LG Air Conditioning Division, graced the event. Mr. Nho thanked the H.G. Ibrahim Shaker, President Sheikh Hussein Shaker and Sheikh Hassan Shaker, the CEO of the company for their continuous effort since 1995 to make this cooperation possible.

Mr. Nho said that "I am really proud that in addition to being the number one manufacturer of air conditioning units in the world, LG Electronics has also sold more than 2 million accumulated A/C units in the Kingdom since the partnership started."

"We at H.G Ibrahim Shaker consider this achievement to be the biggest accomplishment by the company so far, and it can be possible with strong partnership and cooperation with LG, and the consumers' loyalty in the brand that led the company to achieve such high sales numbers" said by Sheik Hassan Shaker, CEO of H.G. Ibrahim Shaker Company.

"We would like to thank them for their dedication to LG Electronics business in the Kingdom of Saudi Arabia," Mr. Nho said. "It is with this dedication that H.G. Ibrahim Shaker Company has come to improve and strengthen the relationship with LG Electronics over the past 13 years."

This achievement comes to fortify LG's number one position as A/C sellers worldwide.  It is with such achievements that LG proves once again its leadership in the global market as a trusted brand that enjoys total consumer satisfaction. As a part of its continuous development that aims to improve its consumer satisfaction, LG Electronics is expected to launch the innovated Tropical multi-V system this coming year, according to President, Nho.

Moreover, with the establishment of LG-SHAKER AC factory at Riyadh from 2008, the position of LG Air Conditioner in the KSA will be more upgraded and they will come closer to our life.

 - Ends -

About LG Electronics, Inc.
LG Electronics, Inc., (KSE: 06657.KS) is the leader in consumer electronics and mobile communications. The company has more than 72,000 employees working in 77 subsidiaries and marketing units around the world. LG Electronics is the world's largest producer of CDMA handsets, residential air conditioners, optical storage devices and home theater system. With total revenue of more than USD 35 billion (consolidated USD 45 billion), LG Electronics is comprised of four business units: Mobile Communications, Digital Appliance, Digital Display and Digital Media.

LG Electronics Mobile Communications Company is the world's leading manufacturer of UMTS(WCDMA), CDMA and GSM handsets, which have been designed to improve the value of customer life. With a total range of wired and wireless solutions, the company is rapidly establishing a global presence and growing its international market share in 3G handsets. For more information please visit www.lge.com.

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© Press Release 2007