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Inverstors News

Addition of an Affiliated Company

2004.12.08 No. 279
1. Affiliated Company
(1) Name of Company : Hyundai Motor Europe
Technical Center GmbH
(2) Representative : Kim, Nam Yong
(3) Total Assets : KRW 20,859,750,000
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 20,859,750,000
(6) Paid-in capital : KRW 6,953,250,000
(7) Business Areas : Automobile Research & Development

2. Name of Company Group : Hyundai Motor Group

3. Reason for Addition :
- Establishment of a local overseas corporation
4. Shareholding of major shareholders after addition : 100.00%
5. Number of Affiliated Companies after addition :
- 105 companies
6. Date of Addition(Internal Decision Date) : December 7, 2004
7. Others :
i) The financial data in #1 above is based on the exchange
rates for December 7, 2004 (KRW 1,390.65 / 1 EUR).
ii) Total investment amount in Euro is 15,000,000.
iii) The number of affiliated companies in #5 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
iv) The above contents are subject to change depending on government approvals and changes of the market situation of the related countries(both Germany and Korea).

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