Investment in other Corporation

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

Disclosure date : March 4, 2011

Disclosure title : Investment in Other Corporation

1. Details of Company to be invested

- Name of Company :

Hyundai Engineering and Construction

- Chief Executive Officer: Kim, Joong Kyum

- Paid-in capital (KRW) : 557,273,000,000

- Main Business : Construction

2. Details of Acquisition :

- Number of shares acquired : 23,327,400

- Acquisition amount (KRW)[A] : 2,976,039,949,800

- shareholders' equity(KRW)[B] : 22,029,023,000,000

- A/B ratio : 13.5%

- Applicability as a large-scale corporation : Yes

3. shareholding ratio after acquisition

- number of shares : 23,327,400

- shareholding ratio : 20.9%

4. Method of acquisition : cash acquisition

5. Purpose of acquisition : acquisition of Hyundai Engineering and Construction

6. Total asset as of fiscal year of 2009: KRW 35,446,135,000,000

- Acquisition amount/Total Asset(%) : 8.4%

7. Date of Board Resolution : March 4, 2011

- Attendance of Outside Directors : 4 out of 4

- Attendance of auditor : attended

8. Applicability of Report to Fair Trade Commission : No

9. Others:

- Precondition for the above acquisition is government approval and may change depending on authorization process and related regulation.

- Stock Purchase Agreement will be entered in March.

- Date of acquisition will be no later than a month after enterance of Stock Purchase agreement.

- Financial Summary below is based on fical year of 2009, 2008 and 2007.

[ Financial Summary of Company to be Invested ]

(Unit: in million KRW)