Submission of LOI for participating in bid

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure date : September 27,2010

Disclosure title :  Other Matters to be Disclosed

1. Title: Submission of LOI(Letter Of Intent) for participating in bid

2. Contents: The Company decided to submit LOI for participating in bid for controlling stake of Hyundai Engineering & Construction to joint lead managers

3. Date of Decision: September 27, 2010

4. Others:

a) Sale of Hyundai Engineering & Construction stake will be processed through open competitive bidding