Hyundai M.gds O Regulatory News (HYUO)

7 Aug 2006 10:30

Hyundai Motor Company07 August 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : August 07, 2006 Disclosure title : Equity Investment in Major Shareholder 1. Name of investment recipient : ROTEM - Relationship with Company : Affiliate 2. Details of Investment: - Object of investment : 7,204,495 common shares of ROTEM Company - Investment amount : KRW 57,635,960,000 - Total investment amount in ROTEM : KRW 256,402,000,000 - Method of Investment : Participation in rights offering 3. Date of BOD Resolution : August 07, 2006 - Attendance of Outside Directors : 2 out of 3 - Attendance of auditors: 3 out of 3 were present * The auditors are members of the audit committee 4. Applicability under Fair Trade Act : No 5. Others: - The expected Investment date will be tentatively mid - September 2006 - Amounts less than KRW 100,000 have been deleted from the !(R)Totalinvestment amount in ROTEM! in #2 above, assuming the disposal of investmentshares and participation in rights offering - The above contents are subject to change depending on process for the disposalof shares and related regulations. This information is provided by RNS The company news service from the London Stock Exchange