Equity Investment in Affiliate

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : March 16, 2012

Disclosure title : Equity Investment in affiliate

1. Name of investment recipient : Hyundai Auto Electronics

- Relationship with Company : Affiliate

2. Details of Investment:

- Expected investment date : March 29, 2012

- Object of investment : 10,337,700 common shares of Hyundai Auto Electronics

- Investment amount : KRW 60,000,000,000

- Total investment amount in Hyundai Auto Electronics :

KRW 60,300,000,000

- Method of Investment : Participation in rights offering

3. Date of BOD Resolution : March 16, 2012

- Attendance of Outside Directors : 5 out of 5

- Attendance of auditors: Yes

* The auditors are members of the audit committee

4. Applicability under Securities Transaction Act : No

5. Others:

- The expected Investment date in #2 is expected deposit date.

- The above contents are subject to change depending on process for the participation in rights offering and related regulations.