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Temporary Response to Disclosure Inquiry regarding Rumor or News

2007.06.29 No. 502

Responsive disclosure regarding the news report of the
establishment of a joint venture company with
Guangzhou Automobile Company

Currently, we are under agreement negotiations with China Guangzhou Automobile Company, topics including the most suitable business plan and other details, in reference to the establishment of a China Commercial Vehicle Joint Venture Plant.

We will disclose any further details by December 28, 2007, except in the case where agreements are confirmed, which we will disclose right away.

Name of Disclosure Officer : Dong Wook Park ,

=  Date of Related Disclosure
( Korea Stock Exchange) : May 13, 2005
June 21, 2005
December 30, 2005
June 30, 2006
December 28, 2006

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