Hyundai M.gds O Regulatory News (HYUO)

17 Mar 2008 07:00

Hyundai Motor Company14 March 2008 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : March 14, 2008Disclosure title : Resolution of the Annual General Meeting of Shareholders' (AGM) 1. Approval of the financial statements of the 40th business year : (unit: million KRW) Total assets 29,586,929 Sales 30,489,129Total liabilities 11,384,298 Operating income 1,814,981Capital stock 1,486,980 Net income 1,682,419Total shareholders' Equity 18,202,631 *Earnings per KRW 6,207 share * Opinion of outside auditor : appropriate 2. Details of dividends: 1) Dividends per share : Common shares KRW 1,000 Series 1 preferred shares KRW 1,050 Series 2 preferred shares KRW 1,100 Series 3 preferred shares KRW 1,050 2) Total cash dividends : KRW 275,997,000,000 3) Dividend ratio to market value : Common Shares 1.4% Series 1 preferred Shares 3.0% Series 2 preferred shares 3.2% Series 3 preferred shares 3.0% 3. Current status of directors and audit committee (as of appointment date) : 1) Appointees : - Internal Directors : Mong Koo CHUNG *re-appointment (total 1 person) - Outside Director who is an Audit Committee Member: Kwang Nyun KIM *re-appointment (total 1 person) 2) Total number of registered directors : 9 3) Total number of outside directors : 5 4) Percentage of outside directors appointed: 55.6% 5) Total number of audit committee members : 4 (all members of the audit committee are outside directors) 4. Other resolutions : 1) Agenda 1 - Approval of the Financial Statements of 40th Business Year (From 01/01/2007 to 12/31/2007) as was originally proposed. 2) Agenda 2 - Approval of 'Appointment of Directors' as was originally proposed (1 person)(# 3-1 above). 3) Agenda 3 - Approval of 'Outside Director who is an Audit Committee Member' as was originally proposed (1 person) (# 3-1 above). 4) Agenda 4 - Approval of 'Limit on Remuneration for Board of Directors' as was originally proposed (#3-1 above). 5. Date of AGM : March 14, 2008 6. Others : - The 'Earnings Per Share' in #1 above is earnings per ordinary common share. This information is provided by RNS The company news service from the London Stock Exchange