28 Dec 2006 07:25
Hyundai Motor Company28 December 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : December 27, 2006Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : AutoEverSystems Europe GmbH(2) Representative : Choi Youl(3) Total Assets : KRW 1,523,662,500(4) Total Liabilities : -(5) Total Shareholder's Equity : KRW 1,523,662,500(6) Paid-in capital : KRW 1,523,662,500(7) Business Areas : Data processing and other business related computermanagement 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition through the establishment of an overseas subsidiary(Germany) byAutoEver Systems which is an affiliate of Hyundai Motor Company. 4. Number of Affiliated Companies after addition :- 158 companies 5. Date of Addition : December 27, 2006 6. Date of Confirmation : December 27, 2006 7. Others : - The expected investment amount is EURO 1,250,000. - The financial amounts in # 1 above are based on the exchange rates forDecember 27, 2006(KRW 1,218.93 / 1 EURO). - The number of affiliated companies in #4 above include both domestic andoverseas affiliates (including subsidiaries of the affiliates). - The addition date in #5 above is the approval date of operation and theconfirmation date in #6 above is the acceptance date of the notice document foran overseas direct invetment. - The above contents may be subject to change dependingon the authorization process, laws and ordinances, etc.of the related countries(including both Germany and Korea). * Equal announcement obligation for affiliated company 1. Stock Market Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNGSteel, Hyundai Autonet, GLOVIS 2. KOSDAQ Market Eco Plastic Corporation This information is provided by RNS The company news service from the London Stock Exchange