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Inverstors News

Addition of an Affiliated Company

2004.10.27 No. 264

1. Affiliated Company
     (1) Name of Company : Hyundai Motor Group, China LTD
     (2) Representative : Hsueh, Yung Hsing
     (3) Paid-in capital : KRW 34,029,000,000
     (4) Total assets : KRW 34,029,000,000
     (5) Total Shareholder's Equity : KRW 34,029,000,000
     (6) Business Areas : Integrated Management of Business
     operation in the People's Republic of China

2. Shareholding of major shareholders after addition : 100%
     - Details on major share holders :
     i) Hyundai Motor Company : 50%
     ii) Kia Motors : 30%
     iii) Hyundai Mobis : 20%

3. Name of Company Group : Hyundai Motor Group

4. Number of Affiliated Companies :
     - Before Addition : 102 companies
     - After Addition : 103 companies

5. Reason for Addition :
     Establishment of a local overseas corporation

6. Date of Addition : October 27, 2004

7. Others :
     i) The financial data in #1 above are based on the exchange rates for October 27, 2004 (KRW 1,134.30 / 1 USD).
     ii) The number of affiliated companies in #4 above include domestic and overseas affiliates(including subsidiaries of the affiliates).
     iii) The above contents of above are subject to change depending on government approvals and the changes in the market situations of the related countries.(including China and Korea)

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