Hyundai Worldwide Global Navigation
| 1. Affiliated Company |
| (1) Name of Company : Hyundai Motor Hungary |
| (2) Representative : Um, Kwang Heum |
| (3) Total Assets : KRW 5,563,080,000 |
| (4) Total Liabilities : - |
| (5) Total Shareholder's Equity : KRW 5,563,080,000 |
| (6) Paid-in capital : KRW 17,384,625 |
| (7) Business Areas : auto & auto parts sales |
| 2. Name of Company Group : Hyundai Motor Group |
| 3. Reason for Addition : |
| Establishment of a local overseas corporation |
| 4. Shareholding of major shareholders after addition : 100.00% |
| 5. Number of Affiliated Companies after addition : |
| - 104 companies |
| 6. Date of Addition(Internal Decision Date) : November 30, 2004 |
| 7. Others : |
| i) The financial data in #1 above is based on the exchange rates for November 30, 2004 (KRW 1,390.77 / 1 EUR). |
| ii) Total investment amount in Euro is 4,000,000. |
| iii) The number of affiliated companies in #5 above include both domestic and overseas affiliates (including subsidiaries of the affiliates). |
| iv) The above contents are subject to change depending on government approvals and changes of the market situation of the related countries(both Hungary and Korea). |