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Inverstors News

Addition of an Affiliated Company

2006.12.28 No. 476
1. Affiliated Company
(1) Name of Company : Hyundai Motor India Engineering
(2) Representative : Woo Mun Man
(3) Total Assets : KRW 2,096,000
(4) Total Liabilities : -
(5) Total Shareholder’s Equity : KRW 2,096,000
(6) Paid-in capital : KRW 2,096,000
(7) Business Areas : IT Service Business

2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(India) by Hyundai Motor India(HMI) which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 159 companies
5. Date of Addition : December 28, 2006
6. Date of Confirmation : December 28, 2006
7. Others :
- The expected investment amount is RUPEE 100,000
- The financial amounts in # 1 above are based on the exchange rates for December 28, 2006(KRW 20.96 / 1 RUPEE).
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The date in #5 and #6 above is the acceptance date of the notice document for an overseas direct invetment.
- The above contents may be subject to change depending
on the authorization process, laws and ordinances, etc.
of the related countries(including both India 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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