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| 1. Grant Details - Granted Members : 165 persons - Type and total number of shares:2,277,200 shares of registered common stock 2. Date of Board Rresolution : August 2, 2004 3. Persons canceling the grant of stock option / the number of common shares :
4. Reason for cancellation of grant : Voluntary retirement - Basis for cancellation : Article 84 section 6.8 of the securities exchange law and article 7 section 3 of the articles of incorporation of Hyundai Motor Company. 5. Exercise Period and Price - Period : February 14, 2006 ~ February 13, 2011 - Price : KRW 26,800 6. Status of stock options granted after cancellation : - Grant members : 165 persons - Number of shares : 2,267,200 shares 7. Others : - The grant members and number of shares above are based on the effective members and numbers of shares before this cancellation. |
| Name | # of common shares | Remark |
| Park, JongSeo | 10,000 | |
| Total | 10,000 |