Addition of an Affiliated...

20 Sep 2006 07:00

Hyundai Motor Company20 September 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : September 19, 2006 Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : AutoEver Systems China Co.,Ltd (2) Representative : Lee Gun Soo (3) Total Assets : KRW 603,540,000 (4) Total Liabilities : - (5) Total Shareholder's Equity : KRW 603,540,000 (6) Paid-in capital : KRW 603,540,000 (7) Business Areas : Data processing and other business related computermanagement 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition through the establishment of an overseas subsidiary(China) by AutoEverSystems which is an affiliate of Hyundai Motor Company. 4. Number of Affiliated Companies after addition : - 155 companies 5. Date of Addition : September 15, 2006 6. Date of Confirmation : September 19, 2006 7. Others : - The expected investment amount is USD 567,000. - The financial amounts in # 1 above are based on the exchange rates forSeptember 20, 2006(KRW 958.00 / 1 USD). - 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 business approval date and theconfirmation date in #6 above is the acceptance date of the notice document forestablishment 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 China and Korea). * Equal announcement obligation for affiliated company 1. Stock Market Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNGSteel, Hyundai Autonet, GLOVIS 2. KOSDAQ Market Eco Plastic Corporation This information is provided by RNS The company news service from the London Stock Exchange