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Press Release

WORLD'S FIRST TABLET-SIZE FLEXIBLE ELECTRONIC PAPER DISPLAY

Flexible Tablet-Sized Display From LG.Philips LCD and E Ink Corporation

Tokyo, Japan - October 19, 2005 – E Ink Corporation in USA, the leading supplier of electronic paper display technology, today announced that LG.Philips LCD (NYSE: LPL, KRX: 034220), one of the world's leading innovators of thin-film transistor liquid crystal (TFT-LCD) technology, and E Ink have built a 10.1" flexible electronic paper display. The display will be shown at the FPD International trade show in Japan, attended by over 60,000 visitors each year.

Less than 300 microns thick, the paper-white display is as thin and flexible as construction paper. With a 10.1" diagonal, the prototype achieves SVGA (600x800) resolution at 100 pixels per inch and has a 10:1 contrast ratio with 4 levels of grayscale.

E Ink® Imaging Film is a novel display material that looks like printed ink on paper and has been designed for use in paper-like electronic displays. Like paper, the material can be flexed and rolled. As an additional benefit, the E Ink Imaging Film uses 100 times less energy than a liquid crystal display because it can hold an image without power and without a backlight.

LG.Philips LCD and E Ink selected a steel foil material that could be supplied by Sumitomo Corporation in high volume and which was developed by Nippon Steel Corporation (5401.JP), the leading steel company in Japan. The flexible foil is a super-thin, extremely flat, high-performance steel that can easily withstand the high temperatures of a TFT production process.

LG.Philips LCD combined both materials to manufacture the display panel at an existing pilot TFT line in Korea. LG.Philips and E Ink jointly designed the display electronics and produced the final prototype to achieve the world's largest high-resolution flexible electronic paper display.

"We all need flexible displays," said Russ Wilcox, CEO of E Ink, "They are 80% thinner and lighter than glass displays, and they do not break like glass displays. You can roll them up and put them in your pocket. You can curve them around the outside of a cellphone. Or you can throw them in your briefcase like a newspaper. As Galileo famously told us, the world is not flat."

About LG.Philips LCD
LG.Philips LCD [NYSE: LPL, KRX: 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 approximately 15,000 employees in locations around the world. For more information about the Company, please visit www.lgphilips-lcd.com. LG.Philips LCD makes "Technology you can see!"

About Nippon Steel Corp.
One of the world's largest steelmakers with nine steelworks and one processing works, Nippon Steel can satisfy the diverse needs of the construction, automotive and many other industries through constant technical innovations, product diversification and sophistication. The company's effort to popularize Steel House attracts attention because it has excellent seismic resistance and helps conserve forestal resources.

The company's pursuit of new product development has led to the birth of high-strength steel sheets which enable car weight reduction and fuel economy enhancement. One of the latest products is Super Dyma, which is fifteen times more rust-resistant than conventional galvanized steel sheets. Eco-products which are free of harmful chemicals such as hexavalent chromium and lead are widely used in home electric appliances like video cassette recorders.

About Sumitomo Corp.
Sumitomo Corporation conducts commodity transactions in all industries utilizing worldwide networks and also provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Sumitomo Corporation thus shows great diversification as an Integrated Business Enterprise. For more information visit: www.sumitomocorp.co.jp/english/index.htm.

About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. "E Ink" (8069.TW) is the pioneer of TFT and ePaper business in Taiwan. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs and its 2009 acquisition of E Ink Corp., the worldwide leader in ePaper. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink is now the world's largest supplier of displays to the eBook market. For corporate information, please visit www.einkgroup.com; for EPD information, please visit www.eink.com / tw.eink.com; and for FFS information, please visit www.hydis.com.