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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

Disclosure Date     :  November 4, 2008

Disclosure Title    :  Business and Management Plan

* The below plan may be subject to change based on future
  circumstances

1. Type of plan : New product developemt - Diesel 
   engine 'R' for passenger car.

 

2. Features : 

 

- Meets the EURO5 standard(European  
  environmental emmissions regulation)

 

- Application of the third generation Piezo-electric common rail 
  injection system

 

- Application of highly efficient EGR(Exaust Gas Recirculation) 
  system

 

3. Estimated Investments :

 

- Development Cost : Total KRW 250 billion 

 

- Development Period : 42 months

 

4. Anticipated effect :

 

- Plan to mount in Santa Fe, Tucson, Sonata etc, from 2009

 

- Strengthen competitiveness in the diesel passenger car market

 

5. Date of Decision : November 4, 2008

 

6. Others : 

 

- The anticipated effects in #4 above may be subject to change 
  depending on business and market conditions.

 

- The above date of decision in #5 is the date of symposium.

 

- For more information, please refer to the Hyundai Motor Company 
  homepage at http://www.hyundai-motor.com 

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