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Inverstors News

LOI signing for commercial vehicle venture in China

2009.12.21 No. 614
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange


Disclosure Date     :  December 21, 2009
Disclosure Title    :  Miscelleneous Items


1. Event : LOI signing for establishment of commercial vehicle joint venture in China

2. Details :
- JV partner : Baotou Bei Ben Heavy-Duty Truck Co.
- Date and Place : December 19, 2009 at Hyundai Motor
  Company Headquarter

- Investment : USD 400 million (Hyundai 50% : Baotou 
     50%)

- Product : commercial vehicles

3. Others :
- Above information may be subject to change depending on government regulation and market environment.
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