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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.

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