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The BSC Hall of Fame Award is presented to companies that best exemplify implementation of the Balanced Scorecard, widely regarded in business circles as the most innovative business management tool available. Companies that display exceptional ability to implement strategies and business innovation capabilities, in addition to achieving outstanding financial results, are inducted into the globally recognized BSC Hall of Fame.

Dr. Robert S. Kaplan of the Harvard Business School and co-creator of the Balanced Scorecard strategy management framework said, ”LG.Philips LCD succeeded in implementing its business strategy through the use of the BSC, and accomplished remarkable growth to become a world's leading LCD company over a short period of time.”

Upon receiving the award, LG.Philips LCD Vice Chairman and CEO Bon Joon Koo said, “We are very happy to be recognized with this award. LG.Philips LCD has built a business management system befitting a leading global company, which we will use to deliver greater value to our customers.”

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 for use in televisions, notebook computers, desktop monitors and applications. Headquartered in Seoul, South Korea, LG.Philips LCD currently operates seven fabrication facilities in Korea and has approximately 21,000 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.

Contact:
Bang-Soo Lee, VP, Public Affairs & PR
LG.Philips LCD
Phone: +822-3777-1020
E-mail: bsleeb@lgphilips-lcd.com

Sue Kim, Senior Manager, Corporate PR
LG.Philips LCD
Phone: +822-3777-0970
E-mail: sue.kim@lgphilips-lcd.com
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