Equity Investment in Major Shareholder

2003.08.26 No. 184

1. Name of invested company: Hyundai PowerTech Co. Ltd.
    - Relationship with company: Affiliated company
2. Details of investment :
    - Expected Date of investment : September 2003
    - Object of investment : 10,000,000 registered common shares of Hyundai PowerTech
    Co. Ltd.
    - Investment amount: KRW 50,000,000,000
    - Total accumulated investment amount: KRW 120,000,000,000

3. Purpose of investment:
    Participation in rights offering

4. Date of board resolution: August 26, 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.
    - Detail matters other than the above are to be delegated to the Representative
    Director.
    - The above expected date may be subject to change depending on the detailed
    schedule.