LG TO INTRODUCE TO EUROPE TOTAL HVAC AND ENERGY SOLUTIONS WITH SUPERB ENERGY EFFICIENCY

Wide Range of High Efficiency Air Conditioning and 

Energy Solutions at Mostra Convegno Expocomfort 2012

MILAN, MAR. 26, 2012 – LG Electronics (LG) will present a full line-up of commercial air conditioning and energy solutions at the Mostra Convegno Expocomfort (MCE) 2012 -- Europe’s premier air conditioning exhibition -- in Milan, Italy. LG will highlight its latest system air conditioning solutions, including the highly energy efficient Multi V III Heat Pump VRF system and the new Hydro Kit, customized specifically for European consumers.

The Multi V III series boasts a 4.58 coefficient of performance and larger capacity per unit with an extended piping length of 1,000m. The Multi V III Heat Recovery System, which is capable of simultaneously heating and cooling different zones with a maximum COP of 7.1, has been honoured as a Class A product and will be separately displayed at the event, “Verso La Classe A 2012”.

Meanwhile, the Hydro Kit, which will be unveiled for the first time at MCE 2012, offers an eco-friendly solution for floor and water heating, as it

allows 77 percent savings in energy consumption and 51 percent less emissions compared to conventional boilers. LG will also showcase a range of air conditioning solutions, including the Multi V III Heat Recovery System, the Therma V, the H Inverter and the Prestige Inverter. Highly versatile building management systems will also be on display.

“The innovation that LG is bringing to this industry is unmatched in scope as well as benefits,” said Kam-gyu Lee, Senior Vice President of the System Air Conditioning Business Unit of LG’s Air Conditioning and Energy Solution Company. “We are very confident in our solutions being able to satisfy the needs of European consumers and help improve their quality of  life.”

Through its comprehensive and energy efficient HVAC and energy solutions, LG’s AE Company is confident it can significantly increase its sales in Europe as well as achieve USD 10 billion in global sales by 2015.

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About LG Electronics, Inc.  

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. With 117 operations around the world, LG achieved global sales of KRW 54.26 trillion (USD 49 billion) in 2011. LG is comprised of four business units – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solutions – and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics Air Conditioning and Energy Solution Company

The LG Electronics Air Conditioning and Energy Solution Company is a complete heating, ventilation and air conditioning (HVAC) and energy solution company, which provides Residential Air Conditioning (RAC), System Air Conditioning (SAC), Lighting solutions and Building Management Systems(BMS) around the world. Based on technological leadership, LG AE has been increasingly expanding into specialized B2B solutions with a central focus on eco-friendliness and energy efficiency. Through its innovative technology, heavy investments in R&D and effective marketing strategies, LG AE has broken its own sales records every year since 2000. For more information,please visit www.lg.com.