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Investors News

Overseas Direct Investment

2003.11.07 No. 193

1. Details of Overseas Company Invested :
    - Name of Company : Hyundai Motor Finance Company
    - Nationality of Company : U.S.A.
    - Name of Representative : Michael Buckingham
    - Relationship with the Company: Overseas Subsidiary
    - Paid-in Capital: KRW 177,465,000,000
    - Total Number of Outstanding Shares : 750 shares
    - Business Area : Auto Financing Business
    - Location of Head Office : Los Angeles, California, U.S.A.

2. Total Investment from Subsidiary`s Establishment to Current Date :
    - Amount of Existing Investment : KRW 408,169,500,000
    A. Capital Contribution : KRW 177,465,000,000
    B. Guarantee for Debt Payment : KRW 230,704,500,000

3. Amount of New Investment (A+B+C) : KRW 141,972,000,000
    A. Capital Contribution : -
    B. Guarantee for Debt Payment : KRW 141,972,000,000
    C. Loan to Overseas Subsidiary : -

4. Method of Funding:
    - Funds Locally Financed : KRW 141,972,000,000

5. Purpose of Investment : Operating Funds

6. Guarantee Period for Debt Payment :
    - Starting Date of Guarantee for Debt Payment : November 20, 2003
    - Ending Date of Guarantee for Debt Payment : November 19, 2004

7. Total Investment of Hyundai Motor Company from Beginning of Current Fiscal Year to Current Date :
    - Total Investment Size (A+B+C) : KRW 418,178,185,000
    - Paid-in Capital at the End of the Previous Fiscal Year :
    KRW 1,476,454,000,000
    - Ratio to Paid-in Capital : 28.32%
    - Shareholding Ratio after Investment : -
     A. Capital Contribution : KRW 89,344,185,000
     B. Guarantee for Debt Payment : KRW 328,834,000,000
C. Loan to Overseas Subsidiary : -

8. Decision Date (Date of Board Resolution) : November 07, 2003
    - attendance of outside directors : 3 out of 4 present
    - attendance of auditing committee members : 3 out of 3 present
9. Total Assets at the End of the Previous Fiscal Year :
    - KRW 20,867,273,000,000

10. Others :
    - The Paid-in capital and nos. 2 & 3 above are based on the
    exchange rate for November, 06, 2003 KRW 1,183.10 / 1 USD
    - The investment size in no. 7 above is based on the applicable
    foreign exchange rate for November 06, 2003
    - Amounts less than KRW 1,000,000 have been deleted from the
    Capital Amount in #7 and Total Assets in #9 stated above
    - The above stated may be subject to change depending on the market
    situation


[Details of Overseas Direct Investment Amount by Subsidiary for 2003]

  (unit: KRW)

Name of Subsidiary CapitalContribution Guarantee forDebt Payment Total Investment Nationality
Hyundai Motor Poland Sp. Zo.O (HMP) - 11,495,400,000 11,495,400,000 Poland
Hyundai Motor Japan Co. - 26,921,750,000 26,921,750,000 Japan
HAOS - 29,577,500,000 29,577,500,000 Turkey
Hyundai Motor America (HMA) 59,155,000,000 - 59,155,000,000 U.S.A.
Hyundai Motor Japan R&D Center - 1,076,870,000 1,076,870,000 Japan
Bejing Hyundai Mobis Automotive parts Co. Ltd. 13,428,185,000 - 13,428,185,000 China
Hyundai Motor Europe GmbH (HME) - 33,368,800,000 33,368,800,000 Germany
Hyundai Motor Financial Company - 177,465,000,000 177,465,000,000 U.S.A.
Hyundai Translead (HT) - 22,478,900,000 22,478,900,000 U.S.A.
Hyundai Motor Company Australia (HMCA) 16,761,000,000 25,141,500,000 41,902,500,000 Australia
Hyundai Machine Tools Europe (HYME) - 1,308,280,000 1,308,280,000 Germany
TOTAL 89,344,185,000 802,074,000,000 891,418,185,000 -

* The above chart is based on exchange rates for November 06, 2003
  (KRW 1,352.40 / 1 EUR; KRW 10.7687 / 1 JPY; KRW 1,183.10 / 1 US; KRW 838.05 / AUD)

Name of Subsidiary CapitalContribution Guarantee forDebt Payment Total Investment Nationality
Hyundai Motor Poland Sp. Zo.O (HMP) - 11,495,400,000 11,495,400,000 Poland
Hyundai Motor Japan Co. - 26,921,750,000 26,921,750,000 Japan
HAOS - 29,577,500,000 29,577,500,000 Turkey
Hyundai Motor America (HMA) 59,155,000,000 - 59,155,000,000 U.S.A.
Hyundai Motor Japan R&D Center - 1,076,870,000 1,076,870,000 Japan
Bejing Hyundai Mobis Automotive parts Co. Ltd. 13,428,185,000 - 13,428,185,000 China
Hyundai Motor Europe GmbH (HME) - 33,368,800,000 33,368,800,000 Germany
Hyundai Motor Financial Company - 177,465,000,000 177,465,000,000 U.S.A.
Hyundai Translead (HT) - 22,478,900,000 22,478,900,000 U.S.A.
Hyundai Motor Company Australia (HMCA) 16,761,000,000 25,141,500,000 41,902,500,000 Australia
Hyundai Machine Tools Europe (HYME) - 1,308,280,000 1,308,280,000 Germany
TOTAL 89,344,185,000 802,074,000,000 891,418,185,000 -

* The above chart is based on exchange rates for November 06, 2003
  (KRW 1,352.40 / 1 EUR; KRW 10.7687 / 1 JPY; KRW 1,183.10 / 1 US; KRW 838.05 / AUD)
Name of Subsidiary CapitalContribution Guarantee forDebt Payment Total Investment Nationality
Hyundai Motor Poland Sp. Zo.O (HMP) - 11,495,400,000 11,495,400,000 Poland
Hyundai Motor Japan Co. - 26,921,750,000 26,921,750,000 Japan
HAOS - 29,577,500,000 29,577,500,000 Turkey
Hyundai Motor America (HMA) 59,155,000,000 - 59,155,000,000 U.S.A.
Hyundai Motor Japan R&D Center - 1,076,870,000 1,076,870,000 Japan
Bejing Hyundai Mobis Automotive parts Co. Ltd. 13,428,185,000 - 13,428,185,000 China
Hyundai Motor Europe GmbH (HME) - 33,368,800,000 33,368,800,000 Germany
Hyundai Motor Financial Company - 177,465,000,000 177,465,000,000 U.S.A.
Hyundai Translead (HT) - 22,478,900,000 22,478,900,000 U.S.A.
Hyundai Motor Company Australia (HMCA) 16,761,000,000 25,141,500,000 41,902,500,000 Australia
Hyundai Machine Tools Europe (HYME) - 1,308,280,000 1,308,280,000 Germany
TOTAL 89,344,185,000 802,074,000,000 891,418,185,000 -

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