| 1. Name of debtor(major shareholder): Hyundai Motor Finance Company. - Relationship with company : Affiliated Subsidiary Company (Local Overseas Corporation) 2. Details of guaranteed debt : - Date of guarantee : July 31, 2004 - Name of creditor : Bank of America - Contents of principal debts : Extension of Overdraft Line - Period of guarantee : From July 31, 2004 To July 30, 2007 - Amount of guarantee concerned : KRW34,770,000,000 - Accumulated balance of debt payment guarantee for major shareholder concerned : KRW 405,650,000,000 - Accumulated balance of debt payment guarantee by Hyundai Motor Company for major shareholders from January 1, 2004 to current date : KRW 358,603,964,000 - Paid-in Capital at the end of the previous fiscal year : KRW 12,497,925,000,000 - Ratio to Paid-in Capital : 2.87% 3. Decision date (Date of Board resolution) : July 22, 2004 - attendance of outside directors : - - attendance of auditors : - 4. Applicability of Fair Trade Act : No 5. Others: - The amounts in # 3 above are based on the exchange rates for July 22, 2004 (KRW 1,159.0 / 1 USD; KRW 10.5464 / 1 JPY; KRW 1,420.76 / 1 EUR). - Amounts less than KRW 1,000,000 have been deleted from the `Paid-in Capital at the end of the previous fiscal year` in #2 above. - The above details may be subject to change depending on the the market situation. - The decision date in #3 above is an internal decision date. |