Investors News

Change in Transaction with Affiliated Company Controlled by Same Person

2011.01.27 No. 666

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange

Disclosure date : January 27, 2011
Disclosure title : Change in Transaction with Affiliated Company Controlled by Same Person*

Details of Transaction :
(Unit : KRW 100 million)
1. FY09 Revenue : 318,593

2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

Name of Affiliate : Innocean Worldwide
Before Change	Sales To	-
	Purchase From	180
	Total (% of Revenue)	180 (0.06)
After Change	Sales To	-
	Purchase From	377
	Total (% of Revenue)	377 (0.1)

3. Date of Board Resolution : January 27, 2011

4. Reason for Change : The Company expects transaction amount to be higher than planned

5. Others : Above change is applied to 1Q 2011 transaction plan

* Related disclosure : October 28, 2010

* “Affiliated Companies Controlled by Same Person” as defined by The Monopoly Regulation and Fair Trade Act refers to companies where a single individual and/or his relations owns a combined share of 30% for non-listed companies and 50% for listed companies.