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Business and Management Plan

2007.05.28 No. 497


* The below plan summary may be subject to change in the future

1. Type of plan : New Product Unveiling-Grand Starex (a follow-up replacement to Starex Commercial Van)

2. Features :
- 174 horsepower, high performance VGT diesel engine that corresponds to Euro IV regulations
- 5-speed automatic transmission
- enhanced passenger comfortability / betterspace utilization

3. Start of Sales Launch : May 28, 2007 (Monday)

4. Estimated Investments :
- Development Cost : Total KRW 222.9 billion
- Development Period : 24 months

5. Sales Volume Target ( Korea +Exports) :
- 2007 : 48,000 units
- 2008 : 100,000 units
- Long Term : 115,000 units per annum

6. Press Release Date : May 25, 2007

7. Others :
- The ‘Sales Volume Target' in #5 above may be subject to change depending on business and market conditions.
- For more information, please refer to the Hyundai Motor Company homepage at http://www.hyundai-motor.com
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