28 Dec 2006 09:12
Hyundai Motor Company28 December 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : December 28, 2006Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : Hyundai Motor India Engineering(2) Representative : Woo Mun Man(3) Total Assets : KRW 2,096,000(4) Total Liabilities : -(5) Total Shareholder!s Equity : KRW 2,096,000(6) Paid-in capital : KRW 2,096,000(7) Business Areas : IT Service Business 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition through the establishment of an overseas subsidiary(India) by HyundaiMotor India(HMI) which is an affiliate of Hyundai Motor Company. 4. Number of Affiliated Companies after addition : - 159 companies 5. Date of Addition : December 28, 2006 6. Date of Confirmation : December 28, 2006 7. Others : - The expected investment amount is RUPEE 100,000 - The financial amounts in # 1 above are based on the exchange rates forDecember 28, 2006(KRW 20.96 / 1 RUPEE). - The number of affiliated companies in #4 above include both domestic andoverseas affiliates (including subsidiaries of the affiliates). - The date in #5 and #6 above is the acceptance date of the notice document foran overseas direct invetment. - The above contents may be subject to change depending on the authorization process, laws and ordinances, etc. of the related countries(including both India 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