Addition of an affiliated com

2 Sep 2008 11:11



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 

Disclosure Date :  September 02, 2008

Disclosure Title : Addition of an Affiliated Company

Affiliated Company

(1) Name of Company : Innocean Worldwide Italy Srl

(2) Representative : Byung Geun Ahn

(3) Total Assets : KRW 179,126,200

(4) Total Liabilities : -

(5) Total Shareholder's Equity : KRW 179,126,200

(6) Paid-in capital : KRW 179,126,200

(7) Business Areas : Advertising agency and advertisemen

production

2. Name of Company Group : Hyundai Motor Group

 

3. Reason for Addition : 

Addition through the establishment of an overseas subsidiary(Italy) by Innocean Worldwide which is an affiliate of Hyundai Motor Company.

 

4. Number of Affiliated Companies after addition : 

- 181 companies

 

5. Date of Addition : September 02, 2008

6. Date of Confirmation : September 02, 2008

 

7. Others : 

- The financial figures in #1 above are based on the initial transaction amount and transaction currency for September 02, 2008(KRW 1628.42/1 EUR)

- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).

- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document which notices that the above company is included in the group.

- The above details are subject to change based on the related authorization process and laws of the related countries (including Italy and South Korea)

* Equal announcement obligation for affiliated company 

Stock Market

- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.

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