Dear Sir/Madam,

On February 21, 2012, the board of directors of LG CHEM, LTD. resolved to convene the

annual general meeting of shareholders as followings;

 Agenda:

 Agenda I  Resolution on convening the annual general meeting of shareholders

a. Date and Time : March 16, 2012 at 10:30 AM

b. Venue             : Auditorium at LG Twin Towers
                             20, Yeouido-dong Yeoungdeungpo-gu, Seoul, Korea

Agenda II  Approval on agendas for the annual general meeting of shareholders

Agendas

-Agenda 1: Approval of the balance sheet, income statement, and statement of

appropriations of retained earnings

(Dividend per share: 4,000 Korean Won per common stock,

4,050 Korean Won per preferred stock)

- Agenda 2: Amendment of the Articles of Incorporation

① Newly added business purpose : Manufacture and Trade of Electric Lamps and

Electric Bulbs

② Amended: Amendments related to 'BOD operation' and 'Commercial Law'

- Agenda 3: Election of Directors

           - Agenda 4: Approval of ceiling on remuneration for the directors

① 11 billion Korean Won for fiscal year 2012

The matter having been discussed and determined by unanimous consent, closing statements were made

Present ;