Investors News

Acquisition of Treasury Stock

2009.12.28 No. 616

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange

Disclosure Date   : December 28, 2009

1.   Number of shares:
- 2,218,120 common shares

2.   Expected acquisition amount:
- Total KRW 268,392,520,000*
* Number of shares X Closing price for the day before resolution date

3.   Closing price for the day before resolution date:
- KRW 121,000 per common share (2009.12.24)

4.   Expected period of acquisition :
     - Within 3 months starting from 2009.12.29

5.   Expected period of retention:
     - Until distribution of stock to employees
     (Within 3 months starting from 2009.12.29)

6.   Purpose of acquisition :
     - Grant of Bonus Stock to Employees

7.   Acquisition method and securities firm commissioned:
- Purchase from the market via HMC Investment Securities

8.   Status of treasury stock holdings before acquisition :

Type of Shares	Number of Shares	Percentage of Shares (%)	Total Amount (KRW mil)
Common	11,001,350	5.0	644,300
Preferred	2,950,960	4.5	73,900
Total	13,952,310	4.9	718,200

* Total Amount is based on acquisition cost.

9. Limitation to number of shares that can legally be purchased in the market on a single day
- No more than 280,292 shares on a single day
*According to Korean regulation, the limit(D) is determined by following rule.
1) the larger of A and B
2) the smaller of A and C

Calculation	Number of Shares
A) 25% of average daily transaction during past 1 month	280,292
B) 10% of shares to be acquired	221,812
C) 1% of total number of shares issued	2,202,764
D) Limit to share purchase during a single day	280,292