1. Name of seller : Hyundai Capital Services, Inc.
- Relationship with company: Affiliated company
2. Contents of investment
- Date of purchase: June 19, 2003
- Securities purchased: Public offering of subordinated
debentures issued by Hyundai Capital Services, Inc.
- Purchase amount: KRW 50,000,000,000
- Total accumulated purchase amount: KRW 50,000,000,000
- Terms and condition:
A) Interest Rate : 9.2% APR (monthly interest payments)
B) Maturity Date : July 19, 2008 (5 years & 1 month)
3. Purpose of purchase:
Excess cash management through investment in high-interest bonds
4. Date of board resolution: June 12, 2003
- 3 out of 4 outside directors were present.
- 3 out of 3 auditors were present.
5. Applicability of Korean Fair Trade Act : YES
6. Others:
- The above purchase amount represents the maximum limit.
- Detail matters other than the above are to be delegated to
the Representative Director.
- The above stated may be subject to change depending on the
detailed schedule.
