20th Feb 2007 09:36
Hyundai Motor Company20 February 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : February 20, 2007 Disclosure Title : Addition of an Affiliated Company 1. Affiliated Company (1) Name of Company : Hyundai Motor CIS LLC (2) Representative : Streltsova Anna Viktorovna (3) Total Assets : KRW 4,643,600,000 (4) Total Liabilities : - (5) Total Shareholder's Equity : KRW 4,643,600,000 (6) Paid-in capital : KRW 4,643,600,000 (7) Business Areas : Auto & Auto parts sales 2. Name of Company Group : Hyundai Motor Group 3. Reason for Addition : Addition through the establishment of an overseas subsidiary(Russia)by Hyundai Motor CIS B.V., which is an overseas joint venture companyof Hyundai Motor Company. 4. Number of Affiliated Companies after addition : - 160 companies 5. Date of Addition : February 20, 2007 6. Date of Confirmation : February 20, 2007 7. Others : - The expected investment amount is Ruble 130,000,000 - The financial amounts in # 1 above are based on the exchange rates for February 20, 2007(KRW 35.72 / 1 Ruble). - The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates). - The addition date in #5 and the confirmation date in #6 above are the acceptance date of the notice document of the changes for an overseas direct investment. - The above contents may be subject to change depending on the authorization process, laws and ordinances, etc. of the related countries(including both Russia and Korea). * Equal announcement obligation for affiliated company 1. Stock Market Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS 2. KOSDAQ Market Eco Plastic Corporation This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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