Business and Management Plan

9 Nov 2006 08:50

Hyundai Motor Company09 November 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : November 09, 2006Disclosure Title : Business and Management Plan 1. Type of plan : New Product Unveiling for UNIVERSE 2. Contents i) Period of R&D : 3 Yearsii) Total R&D expense : KRW 90,000,000,000iii) Product Features : - The large-scale luxury bus developed in-House using HMC's own technology. iv) Expected effects(Target) : 1) Target to sell 21,000 units until 2010 (Domestic: 10,000 units / Export : 11,000 units) 2) To expand domestic market (Korea) and to penetrate overseas market of large-sacle Bus. 3. Date of news release : November 09, 2006 4. Decision Date (BOD Resolution Date): November 09, 2006 5. Others : - The 'Expected effects' in #2 above data may be subject to changedepending on external business circumstances and other conditions. - The 'Decision Date' in the #4 is the date of press release. - For more information, please refer to the Hyundai Motor Company homepage(http://www.hyundai-motor.com). This information is provided by RNS The company news service from the London Stock Exchange