Inv. Contract : Russia Plant

3 Mar 2008 09:02

Hyundai Motor Company03 March 2008 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : March 03, 2008Disclosure title : Other Matters to be Disclosed 1. Title : Responsive disclosure regarding Hyundai Motor Investment contract for Russia Plant. 2. Contents : We have signed an investment contract with Russia!s Saint Petersburg for the construction of a CBU manufacturing plant in order to expand our business in the Russia market. Matters and schedule related to the investment may be subject to change depending on the related laws, regulations, market conditions, etc. of each country. 3. Contents of Contract : - Expected Investment Amount : total USD 400 million - Plant Capacity : 100,000 units per annum - Future Schedule : 1H 2008 - plant construction expected to begin 4. Date of Announcement : February 29, 2008 (Russia local date) 5. Others : The above contents are a responsive disclosure to the disclosure request made to the Korea stock exchange on October 12, 2007 * Related Disclosures : October 12, 2007 ; December 12, 2007 This information is provided by RNS The company news service from the London Stock Exchange