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Temporary Response

28th Dec 2006 07:43

Hyundai Motor Company28 December 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : December 28, 2006 Disclosure Title : Temporary Response to Disclosure Inquiry regarding Rumor or News Responsive disclosure regarding the news report of theestablishment of a joint venture company withGuangzhou Automobile Company We are currently undergoing negotiations with Guangzhou Automobile Company aboutthe most suitable business plan regarding the establishment of a ChinaCommercial Vehicle Joint Venture Plant. And also we are additionally under review for foreign exchange risk and thechange of domestic and overseas commercial vehicle industry environment, whichaffect the establishment of Joint Venture Plant. We will disclose any further details upon its conclusion by the end of June,2007. Name of Disclosure Officer : Yoo No Hwang,Senior Vice President • Date of Related Disclosure (Korea Stock Exchange) : May 13, 2005 June 21, 2005 December 30, 2005 June 30, 2006 This information is provided by RNS The company news service from the London Stock Exchange

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