LG Display (LPL)

Article

Current Provision

Proposed Provision

Purpose of Amendment

of the Articles

of Incorporation

(Trade Name)

The name of the company shall be “EL-GI.PHILIPS EL-SI-DI CHUSIK HOESA” (hereinafter referred to as the “Company”), which shall be written in English as “LG.Philips LCD Co., Ltd.”.

(Trade Name)

The name of the company shall be “EL-GI DISPLAY CHUSIK HOESA” (hereinafter referred to as the “Company”), which shall be written in English as “LG Display Co., Ltd.”.

ADDENDA (as of February 29, 2008)

These Articles of Incorporation shall be effective from March 3, 2008.

Article

Current Provision

Proposed Provision

Purpose of Amendment

of the Articles

of Incorporation

(Total Number of Authorized Shares)

The total number of shares authorized to be issued by the Company shall be 400,000,000 shares.

(Total Number of Authorized Shares)

The total number of shares authorized to be issued by the Company shall be 500,000,000 shares.

(Preemptive Rights)

(3) Notwithstanding Paragraph (2) above, the Company may allocate new shares to persons other than existing shareholders of the Company by a resolution of the Board of Directors in any of the following cases, provided that the aggregate number of shares issued pursuant to items 1 through 7 below shall not exceed 10% of the total number of issued and outstanding shares:

(3) 6. Where the Company issues new shares to a domestic or overseas financial institution for an urgent need for funds.

(Preemptive Rights)

(3) Notwithstanding Paragraph (2) above, the Company may allocate new shares to persons other than existing shareholders of the Company by a resolution of the Board of Directors in any of the following cases, provided that the aggregate number of shares issued pursuant to items 1 through 7 below shall not exceed 20% of the total number of issued and outstanding shares:

(3) 6. Where the Company issues new shares to corporations, institutional investors or domestic or overseas financial institutions, etc. for the achievement of the company’s operational objectives, such as improvement of financial structure, etc..

(Suspension of Alteration of Register of Shareholders and Record Date)

(1) The Company shall suspend entry of any alterations into its register of shareholders with respect to shareholders’ rights from January 1 to January 31 of each year.

(Suspension of Alteration of Register of Shareholders and Record Date)

(1) The Company shall suspend entry of any alterations into its register of shareholders with respect to shareholders’ rights from January 1 to January 15 of each year.

(Issuance of Convertible Bonds)

(1) The Company may issue convertible bonds to persons other than its shareholders by a resolution of the Board of Directors in any of the following cases, to the extent that the aggregate par value amount of the convertible bonds (plus any previously issued and outstanding convertible bonds and bonds with warrants) does not exceed one (1) trillion Won:

(3) The classes of shares to be issued upon conversion shall be common shares for 600 billion Won of the convertible bonds, in face value, and preferred shares for 400 billion Won of the convertible bonds, in face value.

(Issuance of Convertible Bonds)

(1) The Company may issue convertible bonds to persons other than its shareholders by a resolution of the Board of Directors in any of the following cases, to the extent that the aggregate par value amount of the convertible bonds (plus any previously issued and outstanding convertible bonds) does not exceed one (1) trillion Won:

(3) The classes of shares to be issued upon conversion shall be common shares.

To separate each limit

for CB and BW and

to change the classes of

shares to be issued upon

conversion

Article 15-3

(Issuance of Bonds with Warrants)

(1) The Company may issue bonds with warrant to persons other than its shareholders by a resolution of the Board of Directors in any of the following cases, to the extent that the aggregate par value amount of the bonds with warrant (plus any previously issued and outstanding convertible bonds and bonds with warrants) does not exceed one (1) trillion Won:

(Issuance of Bonds with Warrants)

(1) The Company may issue bonds with warrant to persons other than its shareholders by a resolution of the Board of Directors in any of the following cases, to the extent that the aggregate par value amount of the bonds with warrant (plus any previously issued and outstanding bonds with warrants) does not exceed one (1) trillion Won:

To separate each limit

for CB and BW and

to change the classes of

shares to be issued upon

exercise of warrant

Article 17

(Convening of General Meetings of Shareholders)

(2) A General Meeting of Shareholders may be held at the head office of the Company or at any other place as designated by the Board of Directors.

(Convening of General Meetings of Shareholders)

(2) A General Meeting of Shareholders may be held at the head office of the Company, Paju plant or at any other place as designated by the Board of Directors.

To specify the venue for General Meeting of

shareholders