HYUNDAI MOTOR COMPANY (HMC)
Disclosure Date : March 23, 2011
Disclosure Title : Temporary Response to Disclosure Inquiry regarding Rumor or News
1. Purpose of disclosure
- Responsive disclosure regarding the rumor that Hyundai Motor Company will purchase Glovis shares owned by Chairman Mong Koo Chung(BOD member of HMC)
2. Response from the company
- Currently, the company has not been offered to purchase shares of Glovis. If the company receives offering in the future, the company will review the proposal.
We will disclose any further details by April 22, 2011, except in the case where any decision is made, which we will disclose right away.
- Name of Disclosure Officer : Kyoo Bok Lee
3. Scheduled date of further disclosure : April 22, 2011