Resolution of AGM

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : March 12, 2010

Disclosure title :  Resolution of the Annual General Meeting of

Shareholders'(AGM)

1. Approval of the financial statements of the 42nd business

year :

(unit: million KRW)

* Opinion of outside auditor : appropriate

2. Details of dividends:

1) Dividends per share :

Common shares KRW 1,150

Series 1 preferred shares KRW 1,200

Series 2 preferred shares KRW 1,250

Series 3 preferred shares KRW 1,200

2) Total cash dividends : KRW 317,198,514,800

3) Dividend ratio to market value : Common Shares 1.0% Series 1 preferred Shares 2.8% Series 2 preferred shares 2.8% Series 3 preferred shares 3.1%

3. Current status of directors and audit committee (as of

appointment date) :

1) Appointees :

- Internal Directors : total 2 persons

- External Directors : total 2 persons

2) Total number of registered directors after appointment : 9

3) Total number of outside directors after appointment : 5

4) Percentage of outside directors appointed: 55.6%

5) Total number of audit committee members after appointment : 4

(all members of the audit committee are outside directors)

4. Other resolutions :

1) Agenda 1 - Approval of the Financial Statements of 42nd Business Year (From 01/01/2009 to 12/31/2010) as was originally proposed.

2) Agenda 2 - Approval of 'Appointment of Directors' as was originally proposed (Internal Directors : 2 persons / External Directors : 2 Persons)

3) Agenda 3 - Approval of 'Outside Director who is an Audit Committee Member' as was originally proposed (1 persons).

4) Agenda 4 - Approval of 'Limit on Remuneration for Board of Directors' as was originally proposed.

5. Date of AGM : March 12, 2010

6. Others :

- The 'Earnings Per Share' in #1 above is Basic earnings per common share.

*Details on Appointment of Internal Directors

*Details on Appointment of External Directors

*Details on Appointment of Audit Committee members