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Inverstors News

Exclusion of an Affiliated Company

2007.06.29 No. 501


=  Affiliated Company
(1) Name of Company : Beijing Hyundai Space
Eye Imaging Technokogy Co. LTD
(2) Representative : Zeng Sheng Li
(3) Total Assets : KRW 155,349,654
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 155,349,654
(6) Paid-in capital : KRW 151,109,408
(7) Business Areas : Production & Sales of
Satellite Data Images
=  Name of Company Group : Hyundai Motor Group

=  Reason for Exclusion :
Exclusion through the finalization of liquidation by
An overseas subsidiary of WIA Corp, which is an affiliate
Of Hyundai Mo tor Company.

=  Number of Affiliated Companies after exclusion :
- 163 companies

=  Date of Addition : June 28, 2007
=  Date of Confirmation : June 29, 2007

=  Others :

- The financial amounts in # 1 above are based on the exchange rates for June 29, 2007(KRW 121.71 / 1 RMB).
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).

- The addition date in #5 is the reporting date, by the major creditor bank, for the finalization of liquidation; and the confirmation date in #6 above is the acceptance date of the notice document of the finalization of liquidation

* Equal announcement obligation for affiliated company
=  Stock Market
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS


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