LG Display (LPL)

LG DISPLAY REPORTS THIRD QUARTER 2009 RESULTS

SEOUL, Korea – October 15, 2009 – LG Display [NYSE: LPL, KRX: 034220], a leading innovator of TFT-LCD technology, today reported unaudited earnings results based on consolidated Korean GAAP for the three-month period ending September 30, 2009.

“Along with increased market demand and the selling price, customer-oriented marketing activities and full operation of new production lines contributed to the record high quarterly results” said Young Soo Kwon, CEO of LG Display. “We will continue to focus on maximizing customer value with our superior quality of products and distinctive marketing activities.”

Overall, the company shipped a record high total of 5.66 million square meters of display area in the third quarter of 2009, up by 13% quarter-on-quarter. On a revenue basis, TFT-LCD panels for TVs, monitors, notebook PCs and mobile applications accounted for 55%, 22%, 19% and 4%, respectively, in the third quarter.

The average utilization rate in the third quarter of 2009 was almost 100% due to a favorable LCD market, solid customer base, and aggressive customized marketing. Inventory days remained below two weeks.

The average selling price per square meter of display area shipped rose 12% quarter-on-quarter to USD 833. Cost of goods sold kept the same level with the second quarter of 2009 (based on COGS per square meter in US dollars).

With KRW 2,713 billion of cash and cash equivalents and 91% of Liability to Equity ratio as of September 30, 2009, the financial structure of the company remains remarkably stable. CAPEX for year 2009 is set at approximately KRW 3.5 trillion.

LG DISPLAY REPORTS SECOND QUARTER 2009 RESULTS

SEOUL, Korea – July 16, 2009 – LG Display [NYSE: LPL, KRX: 034220], a leading innovator of TFT-LCD technology, today reported unaudited earnings results based on consolidated Korean GAAP for the three-month period ending June 30, 2009.

“We achieved record high quarterly sales and swung back to profits thanks to the timely launch of new production lines and customized marketing activities” said Young Soo Kwon, CEO of LG Display. “We will continuously maximize our customer value with the distinguished products and technology”

Overall, the company shipped a total of 5.01 million square meters of display area in the second quarter of 2009, up by 33% quarter-on-quarter. On a revenue basis, TFT-LCD panels for TVs, monitors, notebook PCs and mobile applications accounted for 55%, 22%, 18% and 5%, respectively, in the second quarter.

The average utilization rate in the second quarter of 2009 was almost 100% due to a favorable LCD market, solid customer base, and aggressive customized marketing. Inventory days remained below two weeks.

The average selling price per square meter of display area shipped rose 11% quarter-on-quarter to USD 739. Cost of goods decreased by 5% from the first quarter of 2009 (based on COGS per square meter in US dollars).

With KRW 2,678 billion of cash and cash equivalents and 99% of Liability to Equity ratio as of June 30, 2009, the financial structure of the company remains remarkably stable. CAPEX for year 2009 is set at approximately KRW 3~3.5 trillion including the part of total amount for P8 extension investment which was approved by Board of Directors yesterday.