Samsung buy 5% stake in Symbian.

This news has been confirmed:

http://www.symbian.com/press-office/2003/pr030217.html

Samsung becomes Symbian shareholder
Samsung joins Ericsson, Matsushita, Motorola, Nokia, Psion, Siemens and Sony Ericsson as a shareholder
London, UK - 17 February 2003 - Samsung Electronics Co. Ltd and Symbian Ltd today announce that Samsung has become a new Symbian shareholder, strengthening Samsung's commitment to promoting smartphones based on Symbian OS. Under the terms of the agreement, Samsung will acquire a 5.0% shareholding in Symbian for a total consideration of �17.0 million. As a Symbian shareholder, Samsung will be represented at Symbian's Supervisory Board and will contribute its experience and expertise to the future technical and strategic development of Symbian OS.

Sang-Jin Park, Senior Vice President & General Manager of Mobile Communication Division at Samsung Electronics, said:

"Samsung licensed Symbian OS for both GSM/GPRS and CDMA smartphone developments. We are delighted to be a Symbian shareholder and look forward to contributing Samsung's experience and expertise to the continued development of Symbian OS as the global open standard for smartphones."

David Levin, CEO, Symbian Ltd, said:

"We are very pleased to welcome Samsung as a new Symbian shareholder. Samsung's deepened commitment to Symbian underlines the industry-wide adoption of Symbian OS as the global standard OS choice for smartphones. With 22 Symbian OS products currently in development by 8 licensees, we look forward to the widespread market introduction of Symbian OS devices during the coming year."

Details of the shareholding before and after the �17.0 million of new funding are as follows:

Company Pre-new money shareholding Post-new money shareholding
Ericsson / Sony Ericsson 20.0% 19.0%
Panasonic 8.4% 7.9%
Motorola 20.0% 19.0%
Nokia 20.0% 19.0%
Psion 26.6% 25.3%
Samsung - 5%
Siemens 5.0% 4.8%
Total 100% 100%