HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : October 27, 2011
Disclosure title : Transaction with an affiliate company
1. Affiliate : Kia Motors Corporation
2. Type of Security : Common Stock of Kia Motors Corporation
3. Amount of Transaction : KRW 20.9 billion
4. Date of board decision : October 27, 2011
* 5 of 5 external directors were present for the board decision. Audit committee member was also present.
The above transaction is originated by exercising the right attached to Bond with Warrant issued by Kia Motors Corporation.
(Number of shares : 3,032,760 / Exercise Price : 6,880 KRW )
The above transaction amount is from multiplication of Number of Shares and Exercise Price
The right will be exercised within the year of 2011.
*Relevant disclosure date : March 20, 2009