1. Name of investment recipient : Daimler Hyundai Truck Co.
- Relationship with company : Affiliate
2. Details of investment
- Date of investment : May 12, 2004
- Object of investment :
10,000,000 registered common shares of Daimler Hyundai
Truck Company held by DaimlerChrysler AG
- Investment amount : KRW 60,000,000,000
- Total investment amount in the major shareholder
concerned : KRW 110,000,000,000
- Accumulated investment amount in all major shareholders
in 2004 : KRW 60,000,000,000
- Shareholders` Equity as of the end of 2003 :
- `Accumulated investment amount in all major shareholders
in 2004` to `Shareholders` Equity` : 0.48%
3. Purpose of Investment :
Undertaking of shares following the termination of commercial vehicle engine alliance
with DaimlerChrysler AG
4. Decision Date : May 12, 2004
- 3 out of 4 outside directors were present.
- 3 out of 3 auditors were present.
5. Applicability of Korean Fair Trade Act : YES
- Amounts less than KRW 1,000,000 have been rounded up for
the amount of shareholders` equity in #2.
- The above contents may be subject to change depending
on DaimlerChrysler`s AG`s Board Meeting resolutions and the
- The auditor(s) mentioned in #4 above represents member(s) of the audit committee.