Investment in an affiliate Company

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure title : Investment in an affiliate company

1. Counterparty: IGE USA Investments

2. Investment Detail

A. Date of Investment: January 5th 2016

B. Investment Target: Hyundai Capital Common 3,178,738 Shares

C. Investment Amount: About 96,000 million Korean Won

D. Total Paid-in Capital in Hyundai Capital: 596,325 million Korean Won

3. Purpose of Investment: Increase in equity investment

4. Resolution date of Board of Directors: December 22, 2015

A. Attendance of outside Directors: 5

B. Attendance of Auditors: Yes

5. Others

A. If the counterparty fails to find 3rd party buyer for the rest of 20% equity in Hyundai Capital, the counterparty may exercise the put option. Therefore, there is a possibility for a further investment in Hyundai Capital.

B. The above contents may be subject to change depending on procedures of investment or related legislations.