Resolution of AGM

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : March 16, 2012

Disclosure title :  Resolution of the Annual General Meeting of

Shareholders'(AGM)

1.Approval of the financial statements of the 44th business

year : 

(unit: million KRW)

* Opinion of outside auditor : Unqualified

2. Details of dividends:

1) Dividends per share :

Common shares KRW 1,750

Series 1 preferred shares KRW 1,800

Series 2 preferred shares KRW 1,850

Series 3 preferred shares KRW 1,800

2) Total cash dividends : KRW 480,105,000,000

3) Dividend ratio to market value : Common Shares 0.8%Series 1 preferred Shares 2.9%Series 2 preferred shares 2.8%Series 3 preferred shares 3.6%

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 external directors after appointment : 5

4) Percentage of external directors appointed: 55.6%

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

(all members of the audit committee are external directors)

4. Other resolutions :

1) Agenda 1 - Approval of the Financial Statements of 44th

Business Year (From 01/01/2011 to 12/31/2011) 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 'External Director who is an Audit

Committee Member' as was originally proposed (2 persons).

4) Agenda 4 - Approval of 'Amendment to the Articles of

Incorporation' as was originally proposed

5) Agenda 5 - Approval of 'Limit on Remuneration for Board of

Directors' as was originally proposed.

5. Date of AGM : March 16, 2012

6. Others :

- The total cash dividends amount in line 2-2) has been rounded up to nearest KRW million.

- Relevant Disclosure : Jan 26, 2012 "Calling of Annual General

Meeting of Shareholders" / Feb 22, 2012 "Convening notice for

the Annual General Meeting of shareholders for the 44th fiscal

year"

*Details on Appointment of Internal Directors

*Details on Appointment of External Directors

*Details on Appointment of Audit Committee members