Response to Disclosure Inquiry regarding Rumor

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Date: September 18, 2012

Disclosure Title: Response to Disclosure Inquiry regarding Rumor or News

1. Title of disclosure

Response to disclosure inquiry regarding stake sales in Korea Aerospace Industries

2. Response from the company

Korea Finance Corporation, the chair of KAI shareholders conference, announced a reoffer for the sales of KAI shares.

- Date of a reoffer: September 17, 2012

- Application Deadline: September 27, 2012 15:00

HMC will release a follow-up disclosure within 6 months or issue an immediate disclosure if any concrete decision has been made.

Above response is for the disclosure inquiry from Korea Exchange on April 19, 2012.

Related disclosures previously issued: April 20, 2012, May 18, 2012, and August 17, 2012, and September 3, 2012.

3. Other.

Estimated date of next disclosure: March 15, 2013