Change in transaction with affiliated company

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : July 29, 2010

Disclosure title : Change in Transaction with Affiliated Company

Controlled by Same Person*

Details of Transaction :

(Unit : KRW 100 million)

1. FY09 Revenue : 318,593

2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

3. Date of Board Resolution : July 29, 2010

4. Reason for Change : The Company expects transaction amount to be

higher than planned

5. Others : Above change is applied to 3Q 2010 transaction plan

* Related disclosure : April 22, 2010

* "Affiliated Companies Controlled by Same Person" as defined by The

Monopoly Regulation and Fair Trade Act refers to companies where a single individual and/or his relations owns a combined share of 30% for

non-listed companies and 50% for listed companies.