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Other Matters to be Disclosed

2006.10.30 No. 454

We have been conducting and negotiating a feasibility study for the acquisition of the former Daewoo Motor Company’s Plant in Republic of Uzbekistan; however, the negotiations were broken off over the differences between Hyundai Motor and sellers in the terms and condition of negotiation including the acquisition price etc.
Name of Disclosure Officer : Yoo No Hwang,
Senior Vice President
l Date of Related Disclosure
(Korea Stock Exchange) : October 13, 2006

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