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Inverstors News

Addition of an Affiliated Company

2006.09.19 No. 450

1. Affiliated Company
(1) Name of Company : AutoEver Systems China Co.,Ltd
(2) Representative : Lee Gun Soo
(3) Total Assets : KRW 603,540,000
(4) Total Liabilities : -
(5) Total Shareholder’s Equity : KRW 603,540,000
(6) Paid-in capital : KRW 603,540,000
(7) Business Areas : Data processing and other business related computer management

2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(China) by AutoEver Systems which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 155 companies
5. Date of Addition : September 15, 2006
6. Date of Confirmation : September 19, 2006
7. Others :
- The expected investment amount is USD 567,000.
- The financial amounts in # 1 above are based on the exchange rates for September 20, 2006(KRW 958.00 / 1 USD).
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The addition date in #5 above is the business approval date and the confirmation date in #6 above is the acceptance date of the notice document for establishment of an overseas subsidiary.
- The above contents may be subject to change depending
on the authorization process, laws and ordinances, etc.
of the related countries(including both China and Korea).

* Equal announcement obligation for affiliated company
1. Stock Market
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS
2. KOSDAQ Market
Eco Plastic Corporation


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