Hyundai M.gds O Regulatory News (HYUO)

15 May 2006 08:47

Hyundai Motor Company15 May 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : May 12, 2006Disclosure title : Resolution of Cancellation of Grant of Stock Option 1. Cancellation Details - Number of person canceling grant : 7 persons - Type and number of cancelled shares: 2,127 shares of registered common stock 2. Status of stock options granted after cancellation : - Number of shares : 1,233,777 shares of registered common stock 3. Reason for cancellation of grant : Voluntary retirement 4. Date of Board Resolution : May 12, 2006 - Attendance of Outside Directors : 3 out of 3 - Attendance of auditors: Yes 5. Persons canceling the grant of stock option / the number of common shares : Name Relationship with Compay # of common shares Remark Park, Byung Geun Former Unregistered 393 resignation officer Park, Byung Soo Former Unregistered 393 resignation officer Yoo, Jong Jin Former Unregistered 393 resignation officer Kim, Young Kil Former Unregistered 590 resignation officer Woo, Seung Ki Former Unregistered 165 resignation officer Choi, Si Hong Former Unregistered 110 resignation officer Lee, Young Bok Former Unregistered 83 resignation officer Total - 2,127 - This information is provided by RNS The company news service from the London Stock Exchange