2 Sep 2008 11:11
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : September 02, 2008
Disclosure Title : Addition of an Affiliated Company
Affiliated Company
(1) Name of Company : Innocean Worldwide Italy Srl
(2) Representative : Byung Geun Ahn
(3) Total Assets : KRW 179,126,200
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 179,126,200
(6) Paid-in capital : KRW 179,126,200
(7) Business Areas : Advertising agency and advertisemen
production
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(Italy) by Innocean Worldwide which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 181 companies
5. Date of Addition : September 02, 2008
6. Date of Confirmation : September 02, 2008
7. Others :
- The financial figures in #1 above are based on the initial transaction amount and transaction currency for September 02, 2008(KRW 1628.42/1 EUR)
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document which notices that the above company is included in the group.
- The above details are subject to change based on the related authorization process and laws of the related countries (including Italy and South Korea)
* Equal announcement obligation for affiliated company
Stock Market
- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.