Dividend Settlement

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Date : January 24, 2013

Disclosure Title : Resolution of Cash Dividends

1. Category : Dividend Settlement

2. Dividend per share(KRW): 

- Common Share - 1,900

- Preferred Share - 2,000

3. Dividend rate at market value(%):

- Common Share - 0.9

- Preferred Share - 2.6

4. Total annual dividend amount: KRW 520,833,000,000

5. Record date of dividend : December 31, 2012

6. Expected date of dividend payment : -

7. Expected date for the AGM : -

8. Resolution date of Board of Directors : January 24, 2013

i. attendance of outside directors : 5 out of 5

ii. attendance of auditors : Yes

9. Others :

i. The above contents may be subject to change depending on the results of the the approval of the Annual General Meeting of Shareholders.

ii. The dividend information above for preferred shares are based on Series 2 Preferred shares :

iii.The "Total annual dividend amount" in #4 is rounded

up to KRW 1,000,000.

 iv.Expected date of dividend payments in # 6 above is a

fter & within 1 month of the Annual General Meeting

of Shareholders.

v.Hyundai Motor Company's audit committee members are

all outside directors.