24th Apr 2008 13:40
Hyundai Motor Company24 April 2008 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : April 24, 2008 Disclosure title : Guarantee of Debt Payment for the Third Party 1. Name of debtor : HMMC - Relationship with Company : Affiliated Overseas Subsidiary 2. Details of Guaranteed Debt : - Amount of guarantee concerned (A) : KRW 474,816,000,000 - Amount of Shareholder!s Equity as of end of 2007 (B) : KRW 18,202,631,000,000 - Portion (A)/(B) : 2.61% - Applicability as a Large scale corporation : Applicable - Period of guarantee : April 30, 2008 April 30, 2009 - Name of creditor : The Export-Import Bank of Korea - Accumulated balance of debt payment guarantee for - HMMC as of Last disclosure : KRW 3,277,133,000,000 3. BOD Resolution Date : April 24, 2008 - Participation of Outside directors : 5 out of 5 4. Others: - The guarantee amount above is based on the transaction exchange rates for April 24, 2008(KRW 1582.72 / 1EUR). - Hyundai Motor Company!s Audit Committee all consists of outside directors. - The !degreesAccumulated balance of debt payment guarantee for HMMC as of last disclosure!+/- in #2 above excludes the current disclosure amount(KRW 474,816,000,000) and is based on the transaction exchange rates for April 24, 2008 (KRW 996.8 / 1 USD , KRW 9.6342 / 1 JPY , KRW 1,582.72 /1 EUR , KRW 1,582.72 / 1 GBP , KRW 978.59 / 1 CAD , KRW 791.21 / 1 NZD) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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