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Inverstors News

Acquisition of Treasury Stock

2009.12.28 No. 616
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange


Disclosure Date   : December 28, 2009

1.   Number of shares:   
- 2,218,120 common shares

2.   Expected acquisition amount: 
- Total KRW 268,392,520,000*
* Number of shares X Closing price for the day before resolution date

3.   Closing price for the day before resolution date:
- KRW 121,000 per common share (2009.12.24)

4.   Expected period of acquisition :
     - Within 3 months starting from 2009.12.29

5.   Expected period of retention:
     - Until distribution of stock to employees
     (Within 3 months starting from 2009.12.29)

6.   Purpose of acquisition :
     - Grant of Bonus Stock to Employees

7.   Acquisition method and securities firm commissioned:
- Purchase from the market via HMC Investment Securities

8.   Status of treasury stock holdings before acquisition :

Type of

Shares

Number of

Shares

Percentage of

Shares (%)

Total Amount

(KRW mil)

Common

11,001,350

5.0

644,300

Preferred

2,950,960

4.5

73,900

Total

13,952,310

4.9

718,200

* Total Amount is based on acquisition cost.

9.   Limitation to number of shares that can legally be purchased in the market on a single day
     - No more than 280,292 shares on a single day
*According to Korean regulation, the limit(D) is determined by following rule.
1) the larger of A and B
2) the smaller of A and C

Calculation

Number of Shares

A) 25% of average daily transaction

during past 1 month

280,292

B) 10% of shares to be acquired

221,812

C) 1% of total number of shares issued

2,202,764

D) Limit to share purchase during

a single day

280,292



10.  Others
- The above “Expected acquisition amount” is subject to change depending on shift in market price.
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