New engine & transmission development

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : October 26, 2010

Disclosure title : Business and Management Plan

* The following information concerns company's future plans and may be subject to change.

1. Project Title :

Hyundai Motor Company completes development of the new Nu / Tau GDi engine and 8-speed rear wheel automatic transmission

2. Product descriptions :

a) Nu engine

- 1.8 / 2.0 L gasoline engine

- max. power 150 hp

- max. torque 18.2 kgf.m

b) Tau 5.0 GDi gasoline engine

- 8 cylinder gasoline direct injection engine

- max. power 435 hp

- max. torque 52.0 kgf.m

c) 8-speed rear wheel automatic transmission

- high efficiency, high capacity rear wheel automatic transmission

- max. torque 55.0 kgf.m

- shift by wire (SBW) system

3. Investment amount :

* Cost and period are approximate figures.

4. Date of Board Decision : October 26, 2010