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Guarantee of Debt Payment for the Third Party

2009.03.16 No. 587


HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange



Disclosure date : March 13, 2009
Disclosure title : Guarantee of Debt Payment for the Third Party

1. Name of Debtor : HMMC (Czech Republic)
- Relationship to Company : Overseas Subsidiary

2. Details of Guaranteed Debt :
- Amount of Guarantee (A): KRW 575,781,000,000
- Amount of Shareholder’s Equity as the End of 2008 (B): KRW 19,652,291,000,000
- Portion (A)/(B) : 2.93%
- Applicability as a Large Scale Corporation : Yes
- Duration of Guarantee : March 13, 2009 ~ March 12, 2012
- Name of Creditor : The Export-Import Bank of Korea
- Accumulated Balance of Debt Payment Guaranteed by HMC : KRW 5,792,263,000,000

3. BOD Resolution Date : March 13, 2009
- Participation of outside directors : 5 of 5
- Participation of audit committee member : yes

4. Factors of consideration:
- The above guarantee amount is based on exchange rates for March 13, 2009(KRW 1,919.27 / 1EUR).
- The above Duration of Guarantee is based on the BOD Resolution Date. The actual duration of guarantee is 3 years from the signing of contract.
- The “Accumulated Balance of Debt Payment Guaranteed by HMC” in #2 above includes the current disclosure amount (KRW 575,781,000,000) and is based on exchange rates for March 13, 2009 (KRW 1,487.40 / 1 USD , KRW 1,522.49 / 100 JPY ,
KRW 1,919.27 / 1 EUR , KRW 2,072.32 / 1 GBP , KRW 1,162.67 / 1 CAD , KRW 773.3 / 1 NZD)
- Other Related Resolution
(a) Debtor : HMFC (USA)
(b) Amount of Guarantee : KRW 400,000,000,000
(c) Duration of Guarantee : 3 years from the signing of contract
Accumulated Balance of Debt Payment Guarantee per Debtor”

Debtor Relationship Amount of Debt Guarantee (KRW) Duration of Debt Guarantee Note
Hyundai Merchant Marine Other 269,231,000,000 00.03.31~20.03.31  
Hyundai Rotem Subsidiary 325,318,000,000 05.12.15~20.02.13 Contract Guarantee
HMA Overseas Subsidiary 444,000,000,000 07.04.02~09.09.19  
HMMA Overseas Subsidiary 775,520,000,000 05.04.25~15.04.24  
HAC Overseas Subsidiary 19,281,000,000 98.04.21~09.07.20  
HMFC Overseas Subsidiary 970,880,000,000 01.08.24~11.08.23  
HMI Overseas Subsidiary 370,000,000,000 06.12.27~14.10.04  
HME Overseas Subsidiary 36,058,000,000 08.07.08~09.12.23  
HMETC Overseas Subsidiary 94,890,000,000 08.06.12~11.06.12  
HMMC Overseas Subsidiary 702,186,000,000 08.04.22~10.08.19  
HMUK Overseas Subsidiary 41,008,000,000 08.08.14~09.08.16  
HMJ Overseas Subsidiary 45,588,000,000 08.04.08~09.03.31  
HMJ R&D Overseas Subsidiary 8,358,000,000 08.05.23~09.05.22  
HMP Overseas Subsidiary 9,489,000,000 08.01.01~10.12.31  
HT Overseas Subsidiary 116,920,000,000 08.02.22~11.02.21  
Smart Alabama LLC Overseas Subsidiary 177,600,000,000 06.06.27~11.07.31  
HATCI Overseas Subsidiary 29,600,000,000 07.09.30~09.09.28  
HJMSC Overseas Subsidiary 2,960,000,000 08.05.16~09.05.15  
Beijing Mobis Transmission Co., Ltd. Overseas Subsidiary 22,395,000,000 05.07.20~10.07.20  
UTS Other 355,200,000,000 06.06.16~11.12.31 Contract Guarantee
HMMC Overseas Subsidiary 575,781,000,000 3 years from the Signing of Contract BOD Resolution (March 13, 2009)
HMFC Overseas Subsidiary 400,000,000,000 3 years from the Signing of Contract BOD Resolution (March 13, 2009)

*Disclosure conducted in accordance to the Capital Market and Financial Investment Business Act

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