Investors News

Guarantee of Debt Payment for the Third Party

2009.03.16 No. 587

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange

Disclosure date : March 13, 2009
Disclosure title : Guarantee of Debt Payment for the Third Party

1. Name of Debtor : HMMC (Czech Republic)
- Relationship to Company : Overseas Subsidiary

2. Details of Guaranteed Debt :
- Amount of Guarantee (A): KRW 575,781,000,000
- Amount of Shareholder’s Equity as the End of 2008 (B): KRW 19,652,291,000,000
- Portion (A)/(B) : 2.93%
- Applicability as a Large Scale Corporation : Yes
- Duration of Guarantee : March 13, 2009 ~ March 12, 2012
- Name of Creditor : The Export-Import Bank of Korea
- Accumulated Balance of Debt Payment Guaranteed by HMC : KRW 5,792,263,000,000

3. BOD Resolution Date : March 13, 2009
- Participation of outside directors : 5 of 5
- Participation of audit committee member : yes

4. Factors of consideration:
- The above guarantee amount is based on exchange rates for March 13, 2009(KRW 1,919.27 / 1EUR).
- The above Duration of Guarantee is based on the BOD Resolution Date. The actual duration of guarantee is 3 years from the signing of contract.
- The “Accumulated Balance of Debt Payment Guaranteed by HMC” in #2 above includes the current disclosure amount (KRW 575,781,000,000) and is based on exchange rates for March 13, 2009 (KRW 1,487.40 / 1 USD , KRW 1,522.49 / 100 JPY ,
KRW 1,919.27 / 1 EUR , KRW 2,072.32 / 1 GBP , KRW 1,162.67 / 1 CAD , KRW 773.3 / 1 NZD)
- Other Related Resolution
(a) Debtor : HMFC (USA)
(b) Amount of Guarantee : KRW 400,000,000,000
(c) Duration of Guarantee : 3 years from the signing of contract
“Accumulated Balance of Debt Payment Guarantee per Debtor”

Debtor	Relationship	Amount of Debt Guarantee (KRW)	Duration of Debt Guarantee	Note
Hyundai Merchant Marine	Other	269,231,000,000	00.03.31~20.03.31
Hyundai Rotem	Subsidiary	325,318,000,000	05.12.15~20.02.13	Contract Guarantee
HMA	Overseas Subsidiary	444,000,000,000	07.04.02~09.09.19
HMMA	Overseas Subsidiary	775,520,000,000	05.04.25~15.04.24
HAC	Overseas Subsidiary	19,281,000,000	98.04.21~09.07.20
HMFC	Overseas Subsidiary	970,880,000,000	01.08.24~11.08.23
HMI	Overseas Subsidiary	370,000,000,000	06.12.27~14.10.04
HME	Overseas Subsidiary	36,058,000,000	08.07.08~09.12.23
HMETC	Overseas Subsidiary	94,890,000,000	08.06.12~11.06.12
HMMC	Overseas Subsidiary	702,186,000,000	08.04.22~10.08.19
HMUK	Overseas Subsidiary	41,008,000,000	08.08.14~09.08.16
HMJ	Overseas Subsidiary	45,588,000,000	08.04.08~09.03.31
HMJ R&D	Overseas Subsidiary	8,358,000,000	08.05.23~09.05.22
HMP	Overseas Subsidiary	9,489,000,000	08.01.01~10.12.31
HT	Overseas Subsidiary	116,920,000,000	08.02.22~11.02.21
Smart Alabama LLC	Overseas Subsidiary	177,600,000,000	06.06.27~11.07.31
HATCI	Overseas Subsidiary	29,600,000,000	07.09.30~09.09.28
HJMSC	Overseas Subsidiary	2,960,000,000	08.05.16~09.05.15
Beijing Mobis Transmission Co., Ltd.	Overseas Subsidiary	22,395,000,000	05.07.20~10.07.20
UTS	Other	355,200,000,000	06.06.16~11.12.31	Contract Guarantee
HMMC	Overseas Subsidiary	575,781,000,000	3 years from the Signing of Contract	BOD Resolution (March 13, 2009)
HMFC	Overseas Subsidiary	400,000,000,000	3 years from the Signing of Contract	BOD Resolution (March 13, 2009)