Notices View

Announcement

Investment in an affiliate company

2015.12.22

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange




Disclosure title   :    Investment in an affiliate company


1. Counterparty: IGE USA Investments


2. Investment Detail

            A. Date of Investment: January 5th 2016

            B. Investment Target: Hyundai Capital Common 3,178,738 Shares

            C. Investment Amount: About 96,000 million Korean Won

            D. Total Paid-in Capital in Hyundai Capital: 596,325 million Korean Won


3. Purpose of Investment: Increase in equity investment


4. Resolution date of Board of Directors: December 22, 2015

            A. Attendance of outside Directors: 5

            B. Attendance of Auditors: Yes


5. Others

A.   If the counterparty fails to find 3rd party buyer for the rest of 20% equity in Hyundai Capital, the counterparty may exercise the put option. Therefore, there is a possibility for a further investment in Hyundai Capital.

B. The above contents may be subject to change depending on procedures of investment or related legislations.