|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 :
- 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
- 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.