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Inverstors News

Addition of an Affiliated Company

2003.11.03 No. 191



1. Affiliated Company

    (1) Name of Company : Aju Metal Co., Ltd.

    (2) Representative : Se Hwan Lee

    (2) Paid-in capital : KRW 5,000,000,000

    (3) Total assets : KRW 58,100,000,000

    (4) Business Areas : The manufacture and sales of automobile parts



2. Investment Amount : KRW 181,700,000

    - Number of Shares Acquired : 726,800 shares

    - Shareholding Ratio after Acquisition (%) : 72.68



3. Name of Company Group : Hyundai Motor Group



4. Number of Affiliated Companies :

    - Before Addition : 24 companies

    - After Addition : 25 companies



5. Total Assets of Affiliates :

    - Before Addition : KRW 55,830,367,000,000

    - After Addition : KRW 55,888,467,000,000



6. Reason for Addition : Hyundai Motor Group has become a major shareholder through the acquisition of shares totaling 72.68% by two of the group`s affiliates, 50% by World Industries Ace. Corp and 22.68% by Dymos Inc. The designation of the additional affiliate has been reported to the Fair Trade Commision on November 01, 2003.



7. Date When Addition is Confirmed : November 03, 2003



8. Others :

    - The Paid-in Capital and Total Assets above are based on December 2002 standards.





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