Hyundai M.gds O Regulatory News (HYUO)

16 Dec 2005 09:43

Hyundai Motor Company16 December 2005 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : December 16, 2005Disclosure title : Imposition of fine 1. Date fined : December 16, 2005 - Payment deadline : December 30, 2005 2. Details of fine : - Type : Additional payment amount for corporate tax etc. - Amount of due tax : KRW 196,170,000,000 - Shareholder's Equity : KRW 13,365,111,000,000 - Imposing authorities concerned: Seoul Regional Tax Office - Reason for fine : Periodical tax investigation of corporations (Year 2000 Year 2004) - Future correspondence & Schedule : To pay within the payment deadline - Applicability to large corporations : Yes 3. Others: - The 'Confirmation date of due tax' in #1 is the acceptance date of notice for the payment of tax. - The 'Amount of due tax' & 'Shareholder's Equity' in #2 above have rounded up amounts less than KRW 100 million - The 'Amount of due tax' in #2 above does not include consideration for the decrease effect of corporate tax resulting from tax adjustments after FY 2005. This information is provided by RNS The company news service from the London Stock Exchange