Temporary Response to Disclosure Inquiry regarding Rumor or News

2006.10.13 No. 453

Responsive disclosure regarding the news report of the
acquirement of the former Daewoo Motor
Company plant in Republic of Uzbekistan

We are studying and negotiating about the feasibility study for the acquirement of the former Daewoo Motor Company Plant in Republic of Uzbekistan in order to strengthen our business within Russia and Commonwealth of Independent States(CIS) market etc.
However, currently, no concrete decision has been made, and
we will disclose any further details upon its conclusion by the end of March, 2007.
Name of Disclosure Officer : Yoo No Hwang,
Senior Vice President
* The above is a response to disclosure inquiry regarding Rumor or News as per the Korea Exchange request.