Addition of an Affiliated...

5 Jul 2006 07:00

Hyundai Motor Company05 July 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : July 4, 2006 Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : INNOCEAN WORLDWIDE UK LIMITED (2) Representative : Kwan Il Kwan (3) Total Assets : KRW 261,099,000 (4) Total Liabilities : - (5) Total Shareholder's Equity : KRW 261,099,000 (6) Paid-in capital : KRW 261,099,000 (7) Business Areas : Advertising agency and advertisement production. 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition through the establishment of an overseas subsidiary by InnoceanWorldwide Inc, which is an affiliate of Hyundai Motor Company. 4. Number of Affiliated Companies after addition : - 148 companies 5. Date of Addition : July 4, 2006 6. Others : - The expected investment amount is GBP 150,000. - The financial amounts in # 1 above are based on the exchange ratesfor July 4, 2006(KRW 1,740.66 / 1 GBP). - The number of affiliated companies in #4 above include both domestic andoverseas affiliates (including subsidiaries of the affiliates). - The addition date in #5 above is the acceptance date of thenotice document for establishment of an overseas subsidiary. - The above contents may be subject to change dependingon the authorization process laws and ordinances, etc.of the related countries(including both UK and Korea). * Equal announcement obligation for affiliated company 1. Stock Market Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS 2. KOSDAQ Market Eco Plastic Corporation This information is provided by RNS The company news service from the London Stock Exchange