Product Launch

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 : Business and Management Plan 1. Type of plan : New Product Unveiling for TRAGO 2. Contents - Unvailing of TRAGO i) Period of R&D : 3 Years ii) Total R&D expense : KRW 80,000,000,000 iii) Product slogan : Announcement for the luxury brand age of Truck iv) Features : 1)Enhancement of fuel efficiency 2)Extension of warranty period 3)Platinum service v) After launching of new model, , 7 models out of 3 kinds of trucks, which are25t cargo, 6x2 tractor, and 25.5t dump truck etc, are going to be sold infull-scale vi) Expected effects(Target) : 1) Target to achieve 60% market share of Korea heavy commercial vehiclemarket 2) Expand to penetrate overseas commercial vehicle market 3) Achievement of 100,000 units' sales for commercial vehicle in 2010 3. Date of news release : September 19, 2006 4. Decision Date (BOD Resolution Date): September 19, 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