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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 

  Disclosure date : November 13, 2008

  Disclosure title: Termination of Trust Contract for Share 

                    Repurchased

 

1. Details of trust contract : 

- Other party of contact : Korea Investment Trust Management Co., Ltd. 

- Amount of contract : KRW 5,000,000,000

- Contract Period : December 23, 1994 ~ November 19, 2008

 

2. Details of termination : 

- Purpose of termination :  Termination according to the 

  expiration of the contract period

- Number of shares disposed : 40,000 common shares

- Method of Return for Trust Assets : cash return

 

3. Details of treasury share ownership before termination of trust contract : 

• Direct Holdings (ratio) : 

• 11,001,350 common shares (5.0%)

• 2,950,960 preferred shares (4.5%)

• Indirect Holdings through trust contract etc.(ratio) :

• 70,391 common shares (0.03%)

• Number and amount of trust contracts :

• Number of trust contracts : 2

• Total contract amount : KRW 14,857,000,000

4. Date of termination : November 19, 2008 

 

5. Decision date (internal decision date) : November 13, 2008

 

6. Others:  

• According to article 84.3 of the Securities and Exchange Act,
  the above details are not agenda for BOD Board Meeting
  because the termination is made according to the contract 
  expiration of a portion of the Trust funds that the company 
  has engaged in.

• The above details and procedures are subject to change in accordance with the related laws and regulations.

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