1. Name of invested company: Hyundai Card Co., Ltd.
- Relationship with company: Affiliated company
2. Contents of investment
- Expected date of investment: June 25, 2003
- Object of investment: 39,039,782 registered common shares
of Hyundai Card Co., Ltd.
- Investment amount: KRW 195,198,910,000
- Total accumulated investment amount: KRW 394,460,321,520
3. Purpose of investment:
Participation in rights offering
4. Date of board resolution: June 12, 2003
- 3 out of 4 outside directors were present.
- 3 out of 3 auditors were present.
5. Applicability of Korean Fair Trade Act : YES
6. Others:
- The above investment amount is at KRW 5,000 per share.
- Method of increase is equal rights offering to existing
shareholders
- Detail matters other than the above are to be delegated to
the Representative Director.
- The above stated may be subject to change depending on the
detailed schedule.
