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Addition of an Affiliated Company

2004.11.30 No. 276

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).

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