Hyundai M.gds O Regulatory News (HYUO)

10 Mar 2006 09:28

Hyundai Motor Company10 March 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : March 10, 2006 Disclosure title: Termination of Trust Contract for Share Repurchased 1. Details of trust contract : - Other party of contact : Korea Investment Trust Management - Amount of contract : KRW 10,000,000,000 - Contract Period : August 29, 1997 March 12, 2006 2. Details of termination : - Purpose of termination : Termination according to the expiration of the contract period - Number of shares disposed : 127,180 common shares 3. Details of treasury share ownership before termination of trust contract : - Direct Holdings ratio : a) 11,000,000 common shares (5.0%) b) 2,950,960 preferred shares (4.5%) - Indirect Holdings through trust contract etc. : a) 416,470 common shares (0.2%) - Number and amount of trust contracts : a) Number of trust contracts : 8 b) Total contract amount : KRW 41,857,000,000 4. Expected date of termination : March 13, 2006 5. Decision date (internal decision date) : March 10, 2006 6. Others: - According to article 84.3 of the Securities and Exchange Act, the abovedetails are not agenda for BOD Board Meeting because the termination is madeaccording to the contract expiration of a portion of the Trust funds that thecompany has engaged in. - The above details and procedures are subject to change in accordancewith the related laws and regulations. This information is provided by RNS The company news service from the London Stock Exchange