Temporary Response to...

30 Jun 2006 09:14

Hyundai Motor Company30 June 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : June 30, 2006 Disclosure Title : Temporary Response to Disclosure Inquiry regarding Rumor or News Responsive disclosure regarding the news report of theestablishment of a joint venture company withGuangzhou Automobile Company We have signed a MOU with China Guangzhou Automobile Company in reference to theestablishment of a China Commercial Vehicle Joint Venture Plant, after which wehave completed various studies such as market research etc. We are currentlyundergoing negotiations with Guangzhou Automobile Company to study anappropriate business plan etc. and concrete agreement details in order to sign aformal contract. We will disclose any further details upon its conclusion by the end of December,2006. Name of Disclosure Officer : Yoo No Hwang, Senior Vice President l Date of Related Disclosure (Korea Stock Exchange) : May 13, 2005 June 21, 2005 December 30, 2005 This information is provided by RNS The company news service from the London Stock Exchange