|1. Accumulated investment amount in recipient concerned in 2005(A): KRW 28,153,000,000
- Shareholders' Equity(B): KRW 12,497,925,000,000
- Ratio (A/B):0.23%
|2. Applicability of Korean Fair Trade Act : No|
|3. Others : Shareholders' Equity in #1 above is as of the end of 2003.|
|[Details of investment]|
|Name of investment recipient: Hyundai Motor Europe Technical Center GmbH(HMETC)|
|1. Relationship with company : Affiliate(a local overseas subsidiary)|
|2. Investment amount : KRW 28,153,000,000|
|3. Method of Investment : -|
|4. Object of investment : -|
|5. Decision Date : February 17, 2005|
|6. Others :
Total investment amount in HMETC : KRW 49,012,750
|7. Total shareholding in HMETC: 100%
i) The investment above is in the form of the investment
in kind Europe with asset held by Hyundai Motor Company
according as Hyundai Motor Technical Center GmbH is
being a business corporation.
The object of investment is machinery and equipment, tools,
furniture for computer and leasehold deposit etc.
ii) The investment amount in #2 above is based on the
exchange rates for January 1, 2005(KRW 1,405.41 / 1 EURO).
iii) The date of evaluation for the investment in kind :
January 01, 2005
iv) The decision date in #5 above is the internal decision date. v) Total shareholding and total investment amount in HMETC
mentioned in #6 above is including the amount of EURO 15,000,000,
which is disclosed on December 7, 2004 and the investment
in kind stated in #2 above. vi) The above contents are subject to change depending on government
approvals, authorization process and market conditions of the
related countries (both Germany and Korea).