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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 

Disclosure Date     :  January 06, 2009

Disclosure Title    :  Exclusion of an Affiliated Company

• Affiliated Company

   

  (1) Name of Company     : Corentec co.,Ltd

  (2) Representative      : Doo Hoon Sun

  (3) Total Assets        : KRW 16,692,961,586

  (4) Total Liabilities   : KRW 14,777,512,608

  (5) Total Shareholder's

      Equity              : KRW 1,915,448,978

  (6) Paid-in capital     : KRW 1,305,000,000

  (7) Business Areas      : Development and production of medical 
                            equipment

 

2. Name of Company Group : Hyundai Motor Group

 

3. Reason for Exclusion : 

 

Shareholding of Hyundai Motor Company's special interest individual in Corentec co.,Ltd decreased to below 30% and Hyundai Motor Company does not have dominant influence on Corentec co.,Ltd

 

4. Number of Affiliated Companies after exclusion : 

 

- 186 companies

 

5. Date of Exclusion : January 06, 2009

 

6. Date of Confirmation : January 06, 2009

 

7. Others : 

 

- The financial amounts in # 1 above are as of December 31, 2007.

 

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

- The date of exclusion in #5 is the notification date of 
  exclusion by the Fair Trade Commision and the date of 
  confirmation in #6 is the acceptance date of an official 
  document for exclusion of an affiliated company.

 

* 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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