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Inverstors News

Purchase of Corporate Bond for Related Party or Purchase of Corporate Bonds from Related Party

2009.03.16 No. 586
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange



Disclosure date   : March 13, 2009
Disclosure title   : Purchase of Corporate Bond for Related Party or Purchase of Corporate Bonds from Related Party


1.         Issued by : Kia Motor Company
- Relationship to Company : Related Party

2.         Date of Purchase : March 19, 2009

3.         Transaction Counterparty : Kia Motor Company
- Relationship to Company : Related Party

4.         Amount of Transaction : KRW 154,700,000,000

5.         Remaining Balance with Counterparty: KRW 154,700,000,000

6.         Coupon : 1%

7.         Details of Bond :
- Type of Bond : The 275th Bearer Form Unsecured Corporate Bond with Warrant (Warrant can be splitted)
- Total Face Value : KRW 400,000,000,000
- Total Face Value / Equity = 21.6%
- Annual Coupon : 1%
- Date of Issue : March 19, 2009
- Maturity : March 19, 2012

8.   Purpose of Transaction : Subscription for Corporate Bond with Warrant issued by Kia Motors Corporation

9.         Note :
- The above Date of Purchase is the payment date of subscription price.
- The above Amount of Transaction and Remaining Balance with Counterparty in #4 and #5 is a planned subscription amount and may change depending on number of subscriptions.
- The above “Total Face Value / Equity” in #7 has been calculated using Kia Motor Company’s equity
- Woori Investment & Securities Co., HMC Investment Securities, and Daewoo Securities are appointed as lead managers for subscription with each party responsible for 1/3 of total amount.
- Refer to ‘Securities Report’ filed by Kia Motor Company on March 6, 2009, for further details concerning the above bond.

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