LG.Philips LCD wins Asiamoney's ''Best Newly Listed Company'' in

    Business Editors/High-Tech Writers

    SEOUL, Korea--(BUSINESS WIRE)--Feb. 17, 2005--LG.Philips LCD Co., Ltd. (NYSE: LPL, KSE: 034220), one of the world's leading manufacturers of thin-film transistor liquid crystal display (TFT-LCD) technology, today announced that it was named by Asiamoney the winner of "Best Newly Listed Company" in Korea for 2004. Mid-last year, LG.Philips LCD succeeded in the world's first, dual concurrent listing on the Korean and New York stock exchanges.
    Published in Asia, Asiamoney is an authoritative and well-respected financial publication. Every year, Asiamoney selects corporations that have achieved outstanding results or made notable contributions in the corporate finance sector in Asia for various awards.
    Asiamoney awarded this honor to LG.Philips LCD in part for being the first company in Korea to accomplish a dual concurrent listing on Korean and US stock exchanges. In the process, various Korean regulations were revised or amended to meet international market standards, resulting in considerable development of Korean financial market requirements.
    In July 2004, LG.Philips LCD raised approximately one billion US dollars with its initial public offering. At the time, the simultaneous listing drew attention for its scale and for bringing about various legal changes for the first dual concurrent listing by a Korean company. This opened the door for other Korean firms seeking dual concurrent listings on Korean and international exchanges.
    Upon hearing the news of the award, LG.Philips LCD President and CFO Ron H. Wirahadiraksa said, "Our successful dual concurrent listing in Korea and the US allowed us to fortify the capital structure of LG.Philips LCD. With this international offering we obtained a diverse global shareholder base."
    President and CFO Ron H. Wirahadiraksa, accepted the award at the Asiamoney awards ceremony which occurred 17 February, 2005, in Hong Kong.

    About LG.Philips LCD

    LG.Philips LCD (NYSE: LPL, KSE: 034220) is a leading manufacturer and supplier of thin film transistor liquid crystal display (TFT-LCD) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications primarily for use in notebook computers, desktop monitors and televisions. Headquartered in Seoul, South Korea, LG.Philips LCD currently operates six fabrication facilities in Korea and has over 13,000 employees in locations around the world. For more information about the Company, please visit http://www.lgphilips-lcd.com. LG.Philips LCD makes "Technology you can see!"

    Forward-Looking Statement Disclaimer

    This press release may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in our filings with the United States Securities and Exchange Commission.

--30--ML/ny*

CONTACT: LG.Philips LCD (Korea) Investor Relations: Jay Hong, +822-3777-1030 jay.hong@lgphilips-lcd.com or Sloane & Company Monica Huang, 212-446-1874 mhuang@sloanepr.com or Media Contacts: Edelman/Seoul (Korea) Sue Kim, +822-2022-8239 sue.kim@edelman.com or Sloane & Company Elliot Sloane, 212-446-1860 esloane@sloanepr.com

KEYWORD: SOUTH KOREA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING SOFTWARE INTERNET E-COMMERCE PRODUCT SOURCE: LG.Philips LCD Co., Ltd.

Copyright Business Wire 2005