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Guarantee of Debt Payment

2010.04.14 No. 634
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange

Disclosure date    :             April 12, 2010
Disclosure title     :             Guarantee of Debt Payment

1. Debtor             :             HMMC (Hyundai Motor Manufacturing Czech)
                                        - Relationship to the Company         : overseas subsidiary

2. Creditor           :             Citicorp International Limited

3. Debt Amount   :             KRW 561,600,000,000

4. Details of Guarantee

Guarantee Amount

KRW 561,600,000,000

Shareholder’s Equity

KRW 22,029,023,000,000

Guarantee / Equity

2.5%

Duration of Guarantee

April 12, 2010 ~ April 11, 2015

* The Company is a large business group as defined by the Monopoly Regulation and Fair Trade Act.

5. Total outstanding debt guarantee by HMC : KRW 5,496,721,000,000

6. BOD Decision :

Date of Decision

Number of External Directors Present at the BOD Meeting

Auditor Participation

April 12, 2010

5 of 5

Yes


7. Notes
A. This guarantee is for the overseas bond issuance by HMMC.
B. The above “Guarantee Amount” is based on exchange rate for April 12, 2010.
(1 USD : KRW 1,123.20)
C. The above “Duration of Guarantee” is five years from the BOD decision date. Actual duration will be five years from the issuance date.
D. The above “Total outstanding debt guarantee by HMC” does not include the current disclosure amount of KRW 561,600,000,000.
E. The below “Outstanding debt guarantee by debtor” is based on exchange rates for March 31, 2010.

Outstanding debt guarantee by debtor

Debtor

Relationship to Company

Guarantee Amount (KRW million)

Duration of Guarantee

Hyundai Merchant Marine

Other

187,216

00.03.31 ~ 20.03.31

Hyundai Capital

Affiliate

638,618

09.01.13 ~ 12.01.13

Hyundai Rotem*

Affiliate

290,118

05.11.01 ~ 20.02.13

HMA

Overseas Subsidiary

192,236

09.04.02 ~ 10.12.17

HMMA

627,719

05.04.25 ~ 15.04.24

HCA (HMFC)

849,271

01.08.24 ~ 12.10.28

HMI

282,700

06.12.27 ~ 14.10.04

HME

80,870

09.04.07 ~ 24.04.06

HMETC

75,911

08.06.12 ~ 11.06.12

HMMR

299,695

09.10.08 ~ 16.11.04

HMMC

1,065,783

08.06.30 ~ 12.04.30

HMUK

34,102

09.08.14 ~ 10.08.12

HMCIS

120,985

09.07.20 ~ 10.11.21

HMJ

24,354

10.02.26 ~ 11.02.28

HMES

121,457

09.11.25 ~ 10.11.27

HMCI

45,546

09.08.07 ~ 10.07.22

HMJ R&D

6,697

09.05.23 ~ 10.05.22

HMP

15,182

09.06.30 ~ 12.06.30

HT

87,072

08.02.22 ~ 11.02.21

SMART

135,696

09.06.30 ~ 11.07.31

HATCI

22,616

09.09.18 ~ 10.09.17

Beijing Jingxian Motor Safeguard

4,523

09.06.09 ~ 10.09.03

Beijing MT

16,962

05.07.20 ~ 10.07.20

UTS*

271,392

06.06.16 ~ 11.12.31

* Guarantee of contract execution.
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