LG Display (LPL)

Anti-trust investigations and litigations

The Company and LG Display America, Inc., the US subsidiary of the Company, were under investigation by U.S. Department of Justice (“DOJ”) with their role in conspiracies to fix prices in the sale of liquid crystal display (“LCD”) panels. In November 2008, the Company and LG Display America, Inc. agreed to a plea agreement with DOJ and agreed to pay USD400 million over a five-year period.

The Company is under investigation by fair trade or antitrust authorities in countries including Korea, Japan, Canada, Taiwan and the European Union with respect to alleged anti-competitive activities in the LCD industry and during the three-month period ended September 30, 2009, a hearing was held by the European Commission.

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LG DISPLAY CO., LTD.

Notes to Interim Non-Consolidated Financial Statements—(Continued)

September 30, 2009

(Unaudited)

11 Commitments and Contingencies, Continued

The Company, along with a number of other companies in the LCD industry, is currently defending class action lawsuits in the United States and Canada and related individual lawsuits based on alleged antitrust violations concerning the sale of LCD panels. In February 2007, the Company and certain of its current and former officers and directors were named as defendants in a shareholder class action in the United States alleging violations of the U.S. Securities Exchange Act of 1934 in connection with alleged anti-competitive activities in the LCD industry.

The Company estimated and recognized losses related to these legal proceedings. However, actual losses are subject to change in the future based on new developments in each matter, or changes in circumstances, which could be materially different from those estimated and recognized by the Company.

Anti-trust investigations and litigations

The Company and LG Display America, Inc., the US subsidiary of the Company, were under investigation by U.S. Department of Justice (“DOJ”) with their role in conspiracies to fix prices in the sale of liquid crystal display (“LCD”) panels. In November 2008, the Company and LG Display America, Inc. agreed to a plea agreement with DOJ and agreed to pay USD400 million over a five-year period.

As of June 30, 2009, the Company is under investigation by fair trade or antitrust authorities in Korea, Japan, Canada, Taiwan and European Commission with respect to possible anti-competitive activities in the LCD industry. During the three-month period ended June 30, 2009, the European Commission issued a Statement of Objection to the Company.

In 2006, the Company, along with a number of other firms in the LCD industry, were named as defendants in class actions in the United States and Canada for alleged violation of the antitrust laws in connection with the sale of LCD panels to both direct and indirect purchaser plaintiffs, and the class actions in the United States were consolidated and transferred to the United States District Court for the Northern District of California. In February 2007, the Company and certain of its current and former officers and directors were named as defendants in a federal class action in the United States by the shareholders of the Company alleging violations of the U.S. Securities Exchange Act of 1934, as amended, by the Company and certain of its officers and directors in connection with possible anti-competitive activities in the LCD industry.

Each of these investigations, legal proceedings and claims is ongoing and the outcome in any of these matters may have a negative effect on the Company’s financial condition, results of operations or cash flows.

(a) Derivative instruments used by the Company for hedging purposes as of June 30, 2009 are as follows:

(b) Hedge of fair value

The Company entered into foreign currency forward contracts to manage the exposure to changes in the value of foreign currency denominated accounts receivable and accounts payable in accordance with its foreign currency risk management policy. Hedge accounting is not applied related to the abovementioned derivatives.

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LG DISPLAY CO., LTD.

Notes to Interim Non-Consolidated Financial Statements

June 30, 2009 and 2008

(Unaudited)

(i) Foreign Currency Forwards

Details of foreign currency forwards outstanding as of June 30, 2009 are as follows:

(In millions of Won and thousands of USD, except forward rate)

(ii) Unrealized gains and losses related to the above derivatives as of June 30, 2009 are as follows:

(In millions of Won)

The unrealized gains and losses are charged to operations as gains and losses on foreign currency translation for the six-month period ended June 30, 2009.

(c) Hedge of cash flows

The Company entered into cross currency swap and interest rate swap contracts to manage the exposure to changes in cash flows from changes in foreign currency exchange rates and interest rates related to floating rate notes. Details of the Company’s derivative instruments related to hedge of cash flows as of June 30, 2009 are as follows:

(i) Cross Currency Swap

(In millions of Won and thousands of USD, except forward rate)

Net unrealized gains and losses, net of related taxes, were recorded as accumulated other comprehensive income.

In relation to the abovementioned cross currency swap, unrealized losses amounting to (Won)5,744 million, recorded as accumulated other comprehensive income, are expected to be charged to operations as losses within the next twelve months.

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LG DISPLAY CO., LTD.

Notes to Interim Non-Consolidated Financial Statements

June 30, 2009 and 2008

(Unaudited)

(ii) Interest Rate Swap