1. Affiliated Company
(1) Name of Company : AutoEver Systems India Private Limited
(2) Representative : Shim Eui Sup
(3) Total Assets : KRW 514,000,000
(4) Total Liabilities : -
(5) Total Shareholder’s Equity : KRW 514,000,000
(6) Paid-in capital : KRW 514,000,000
(7) Business Areas : Data processing and other business related computer management
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(India) by AutoEver Systems which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 152 companies
5. Date of Addition : July 28, 2006
6. Date of Confirmation : August 02, 2006
7. Others :
- The expected investment amount is INR 25,000,000.
- The financial amounts in # 1 above are based on the exchange rates for August 02, 2006(KRW 20.56 / 1 INR).
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The addition date in #5 above is the establishment date and the confirmation date in #6 above is the acceptance date of the notice document for establishment of an overseas subsidiary.
- The above contents may be subject to change depending
on the authorization process, laws and ordinances, etc.
of the related countries(including both India and Korea).
* Equal announcement obligation for affiliated company
1. Stock Market
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS
2. KOSDAQ Market
Eco Plastic Corporation