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Seoul, Korea (October 9, 2011) ? LG Display [NYSE: LPL, KRX: 034220], a leading innovator of thin-film transistor liquid crystal display (TFT-LCD) technology, today announced it has developed a 47-inch Full HD LCD panel, featuring vertical single side LED backlight technology, that offers maximum brightness while consuming less electricity than other LCD TV panels over 40 inches in size and even normal PC monitors over 20 inches in size.

The newly developed LCD panel achieves the world’s lowest power consumption rate among large LCD panels by dramatically reducing the number of LED lamps used while maintaining a high level of brightness. To reduce the quantity of LED bulbs used, LG Display introduced its own backlight technology in which LED lamps are attached vertically to a single side of the panel, a world first for such technology.

Despite its large size, the 47-inch LCD panel uses only 28W, less than the power consumption of most 20-inch PC monitors which use between 30~50W. The LCD panel also delivers 400 Nits of brightness suitable for HD TVs through a three-film structure which helps focus and diffuse light, together with Local Dimming Technology and energy efficient LED bulbs.

Making it ideal for commercialization, the 47-inch LCD panel offers outstanding picture quality through its full HD resolution and ultra-slim design highlighted by its minimal 8.5mm bezel, in addition to its improved energy efficiency which will ensure cost savings for consumers.

“Together with our business partners, LG Display has developed this LCD technology to continue our commitment to improving energy efficiency with environmentally friendly solutions,” said Shin Ho Kang, vice president and head of LG Display’s LED Development Department. “We will continue to invest in developing more energy efficient technologies that can bring greater value to both the market and the environment.”

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About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. The company provides TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, mobile products and other various applications. LG Display currently operates eight fabrication facilities and six back-end assembly facilities in Korea, China and Poland. The company has a total of 50,000 employees operating worldwide. Please visit http://www.lgdisplay.com for more information.

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This press release contains 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, Senior VP, Public Affairs & PR         Jean Lee, Manager, Corporate PR

LG Display                                                             LG Display

Phone: +822-3777-1020                                           Phone: +822-3777-1689

E-mail: bsleeb@lgdisplay.com                                 E-mail: jean.lee@lgdisplay.com