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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 

Disclosure Date     :  December 22, 2008

Disclosure Title    :  Addition of an Affiliated Company

• Affiliated Company

(1) Name of Company : Innocean Worldwide Holdings, Inc. 

(2) Representative : Young Ill Kim

(3) Total Assets : KRW 11,738,090,000

(4) Total Liabilities : -    

(5) Total Shareholder's Equity : KRW 11,738,090,000

(6) Paid-in capital : KRW 11,738,090,000

(7) Business Areas : Advertising agency and advertisement production

 

2. Name of Company Group : Hyundai Motor Group

 

3. Reason for Addition : 

Addition through the establishment of an overseas subsidiary(U.S.A.) by Innocean which is an affiliate of Hyundai Motor Company.

 

4. Number of Affiliated Companies after addition : 

- 188 companies

 

5. Date of Addition : December 22, 2008

6. Date of Confirmation : December 22, 2008

 

7. Others : 

- The financial figures in #1 above are total amount of investment by Innocean and are based on the transaction currency for December 22, 2008(KRW 1,289.90/1 USD)

- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).

- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document on establishment of overseas subsidiary by Innocean.

- The above details are subject to change based on the related authorization process and laws of the related countries (including U.S.A and South Korea)

* Equal announcement obligation for affiliated company 

 

1.   Stock Market

 

- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.

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