Termination of Trust Contract

24 Aug 2007 10:13

Hyundai Motor Company24 August 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : August 24, 2007Disclosure title: Termination of Trust Contract for Share Repurchased 1. Details of trust contract : - Other party of contact : UBS Hana Asset Management Co., Ltd. - Amount of contract : KRW 3,000,000,000 - Contract Period : August 29, 1997 August 29, 2007 2. Details of termination : - Purpose of termination : Termination according to theexpiration of the contract period - Number of shares disposed : 48,900 common shares - Method of Return for Trust Assets : cash return 3. Details of treasury share ownership before termination of trust contract : - Direct Holdings ratio : a) 11,000,000 common shares (5.0%) b) 2,950,960 preferred shares (4.5%) - Indirect Holdings through trust contract etc. : a) 156,381 common shares (0.1%) - Number and amount of trust contracts : a) Number of trust contracts : 6 b) Total contract amount : KRW 21,857,000,000 4. Date of termination : August 24, 2007 5. Decision date (internal decision date) : August 24, 2007 6. Others: - According to article 84.3 of the Securities and Exchange Act,the above details are not agenda for BOD Board Meeting becausethe termination is made according to the contract expiration ofa portion of the Trust funds that the company has engaged in. - The above details and procedures are subject to change in accordancewith the related laws and regulations. This information is provided by RNS The company news service from the London Stock Exchange