6 Dec 2006 07:44
Hyundai Motor Company06 December 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : December 05, 2006Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : HMCIS B.V. (2) Representative : Ahn Gun Hee (3) Total Assets : KRW 4,949,320,000 (4) Total Liabilities : - (5) Total Shareholder!s Equity : KRW 4,949,320,000 (6) Paid-in capital : KRW 4,949,320,000 (7) Business Areas : Automobile sales(Holding Company) 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition of subsidiary through the establishment of an overseas joint venturecompany(Netherland) 4. Number of Affiliated Companies after addition : - 157 companies 5. Date of Addition : December 05, 2006 6. Date of Confirmation : December 05, 2006 7. Others : - The 80% of the !degreesPaid-in capital(EURO 4,000,000)!+/- is going to be invested. - The financial amounts in # 1 above are based on the exchange rates for December 5, 2006(KRW 1,237.33 / 1 EURO). - 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 is the approval date of operation and the confirmation date in #6 above is the acceptance date of the notice document for an 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 Netherland 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