Selection of Hyundai Motor Company as the preferred negotiator regarding Hyundai Autonet acqusition
We would like to announce that the consortium of Hyundai Motor Company and Siemens has been selected as the preferred negotiator for the Hyundai Autonet acquisition.
Currently, no concrete decisions have been made, and an announcement will be made following any future decisions on the details regarding the said announcement above.
Name of Disclosure Officer : Yoo No Hwang,
Director, Head of Financial Management Group
* Date of Related Disclosure
(Korea Stock Exchange): January 17, 2005