1. Affiliated Company
(1) Name of Company : Aju Metal Co., Ltd.
(2) Representative : Se Hwan Lee
(2) Paid-in capital : KRW 5,000,000,000
(3) Total assets : KRW 58,100,000,000
(4) Business Areas : The manufacture and sales of automobile parts
2. Investment Amount : KRW 181,700,000
- Number of Shares Acquired : 726,800 shares
- Shareholding Ratio after Acquisition (%) : 72.68
3. Name of Company Group : Hyundai Motor Group
4. Number of Affiliated Companies :
- Before Addition : 24 companies
- After Addition : 25 companies
5. Total Assets of Affiliates :
- Before Addition : KRW 55,830,367,000,000
- After Addition : KRW 55,888,467,000,000
6. Reason for Addition : Hyundai Motor Group has become a major shareholder through the acquisition of shares totaling 72.68% by two of the group`s affiliates, 50% by World Industries Ace. Corp and 22.68% by Dymos Inc. The designation of the additional affiliate has been reported to the Fair Trade Commision on November 01, 2003.
7. Date When Addition is Confirmed : November 03, 2003
8. Others :
- The Paid-in Capital and Total Assets above are based on December 2002 standards.