1. Name of investment recipient : Hyundai Motor America
- Relationship with the Company: Overseas Subsidiary
2. Detail of investment
- Date of investment : July 26, 2004
- Object of investment :
Participation in capital increase(share certificate is unissued)
- Investment amount(KRW) : KRW 81,109,000,000
- Total investment amount in major shareholder concerned(KRW) :
KRW 535,319,000,000
3. Total Investment of Hyundai Motor Company from Beginning of Current Fiscal Year to Current Date
- Total Investment Size : KRW 161,104,000,000
- Paid-in Capital at the End of the Previous Fiscal Year :
KRW 12,497,925,000,000
- Ratio to Paid-in Capital : 1.29%
4. Purpose of investment : Expanding the installment financing offer rate for Hyundai Motor Company in North America
5. Decision date (date of board resolution)
- attendance of outside directors :
Not the matter of BOD Resolution
- attendance of auditors : absent
6. Applicability of Fair Trade Act : no
7. Others :
- Exchange Rate : KRW 1,158.7 ( Trading Price for July 16, 2004)
- Amounts less than KRW 1,000,000 have been deleted from the above amount.
- The above conditions and dates may be subject to change
depending on the market situation.
- Total Investment of Hyundai Motor Company from Beginning of Current Fiscal Year
to Current Date is since Jan. 1, 2004
- Decision date in #5 is internal decision.
[Details of Equity Investment in Major Shareholder since Jan. 1,2004]
| (unit: share, KRW million) |
| Name of Subsidiary |
Relationship with the company |
Date of Investment |
#of shares |
Amount |
Nationality |
Remarks |
| Hyundai Motor Japan |
OverseasSubsidiary |
Jan. 15, 2004 |
20,000 |
10,558 |
Japan |
|
| Beijing Jingxion Motor Safeguard Service Co.LTD |
Overseas Subsidiary |
Mar. 26, 2004 |
- |
2,897 |
China |
|
| Hyundai Motor Deutschland Gmbh |
Overseas Subsidiary |
Apr. 30, 2004 |
- |
6,015 |
Germany |
|
| Hyundai Commercial Engine |
Affiliated Company |
May 12, 2004 |
10,000,000 |
60,525 |
Korea |
|
| Hyundai Motor America |
Overseas Subsidiary |
July 26, 2004 |
- |
81,109 |
U.S.A |
|
| Total |
|
|
10,020,000 |
161,104 |
|
|
* The above chart is based on exchange rates for July 16, 2004
(KRW 1,158.7 / 1 USD; KRW 10.5581 / 1 JPY; KRW 836.29 / 1 AUD; KRW 1,431.52 / 1 EUR) |
| Name of Subsidiary |
Relationship with the company |
Date of Investment |
#of shares |
Amount |
Nationality |
Remarks |
| Hyundai Motor Japan |
OverseasSubsidiary |
Jan. 15, 2004 |
20,000 |
10,558 |
Japan |
|
| Beijing Jingxion Motor Safeguard Service Co.LTD |
Overseas Subsidiary |
Mar. 26, 2004 |
- |
2,897 |
China |
|
| Hyundai Motor Deutschland Gmbh |
Overseas Subsidiary |
Apr. 30, 2004 |
- |
6,015 |
Germany |
|
| Hyundai Commercial Engine |
Affiliated Company |
May 12, 2004 |
10,000,000 |
60,525 |
Korea |
|
| Hyundai Motor America |
Overseas Subsidiary |
July 26, 2004 |
- |
81,109 |
U.S.A |
|
| Total |
|
|
10,020,000 |
161,104 |
|
|
