Hyundai Worldwide Global Navigation
1. Details of overseas company invested: - Name: Hyundai Motor America (HMA) - Representative Director: Finbarr O`Neil - Relationship with HMC: Overseas subsidiary - Paid-in-capital: USD 166,000,000 - Total number of outstanding shares: 1,150 - Main business: Sales of automobiles and automobile parts - Business location: L.A., U.S.A. 2. Size of existing investment in HMA (a+b): KRW 880,600,000,000 a. Capital contribution: KRW 880,600,000,000 b. Guarantee for debt payment: None 3. Size of new investment in HMA (a+b): KRW 125,800,000,000 a. Capital contribution: None b. Guarantee for debt payment: 125,800,000,000 4. Method of funding: - Funds locally financed: KRW 125,800,000,000 5. Purpose of investment: Support for operating funds 6. Guarantee period for debt payment: Oct. 28, 2002 ~ Oct. 27, 2005 7. Aggregate amount invested by HMC (a+b): KRW 1,321,196,242,770 - Paid-in-capital as of Dec. 31, 2001:KRW 1,476,454,000,000 - Ratio of total investment to capital: 89.48 a. Capital contribution: KRW 903,289,007,770 b. Guarantee for debt payment: KRW 417,907,235,000 8. Date of BOD resolution: October 17, 2002 - 3 out of 4 outside directors were present. - 3 out of 3 auditors were present. 9. Total asset of HMC as of Dec. 31, 2001: KRW 19,632,846,000,000 (The amount less than million is omitted) 10. Others - This is related to the payment guarantee for HMA on the Revolving Credit Line in USA. - Basic exchange rates on October 17, 2002; 1,258.00 KRW/1USD, 1,233.53 KRW/1EUR, 10.0959 KRW/1JPY - Detailed matters other than the above are to be delegated to the Representative Director. |
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| [Details of Direct Investment amount for Overseas Subsidiaries] |
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| * Basic exchange rates on October 17, 2002; 1,258.00 KRW/1USD, 1,233.53 KRW/1EUR, 10.0959 KRW/1JPY |
| Name of Subsidiary | EquityInvestment | Guaranty | Total Investment | Location |
| Hyundai Motor Europe | 12,593,107,770 | 55,508,850,000 | 68,101,957,770 | Germany |
| Hyundai Motor Japan | 10,095,900,000 | 17,163,030,000 | 27,258,930,000 | Japan |
| Hyundai Translead | - | 149,702,000,000 | 149,702,000,000 | U.S.A |
| Hyundai Motor America | 880,600,000,000 | 125,800,000,000 | 1,006,400,000,000 | U.S.A |
| HAOS | | 62,900,000,000 | 62,900,000,000 | Turkey |
| HMP | | 4,317,355,000 | 4,317,355,000 | Poland |
| HYME | | 2,516,000,000 | 2,516,000,000 | Germany |
| TOTAL | 903,289,007,770 | 417,907,235,000 | 1,321,196,242,770 | - |