Acquisition of tangible asset

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure title: Acquisition of tangible asset

1. Types of tangible asset : Land and building

- Kepco owned land (Gangnam-gu, Seoul)

2. Details of acquisition:

- Price of acquisition: 5,802,500,000,000 KRW

- Total Asset: 133,421,479,000,000 KRW

- Price over total asset: 4.3%

- Major Corporation: Applicable

3. Counterparty: Korea Electric Power Corp.

4. Purpose: Enhance the brand value and increase an operational efficiency through Global Control Tower

5. Expected acquisition date: September 25, 2015

6. Date of BOD Resolution : September 26, 2014

- Attendance of Outside Directors : 5 out of 5

7. Others

- 55% of total value of the land in item 2 is the HMC portion from the consortium.

- Total asset in item 2 is based on 2013 year-end financial statement

- Expected acquisition date in item 5 is when final balance payment is made based on previous contract