The Convening Notice of Annual General Meeting

[English Translation]

The Convening Notice of 47th Annual General Meeting

The Annual General Meeting of Shareholders of Hyundai Motor Company (the "Company") will be held pursuant to Article 365 of the Korean Commercial Code and Article 14 of the Articles of Incorporation of the Company as follows.

1. Date : March 13, 2015 (Friday) 09:00 AM

2. Place : Grand Hall, 2nd Floor West Building, Head office of Hyundai Motor Company

12 Heolleung-ro, Seocho-gu, Seoul, Korea (T : 82-2-3464-1114)

3. Purposes of the Meeting

< Issues to report> Annual Report, Independent Auditor's Report

< Agenda> Item 1 : Approval of financial statements for the 47th Business Year

(1/1/2014 ~ 12/31/2014)

Item 2 : Appointment of director(s)

Item 3 : Appointment of member(s) of Audit Committee

Item 4 : Approval of director's compensation cap

4. Matters regarding the Exercise of Voting Rights

- In-person : An invitation to the AGM and an identification

- Proxy : An invitation to the AGM, a power of attorney (with information of the relevant shareholder and the person with the power of attorney filled in, and duly executed and sealed), and an identification of the agent.

※ Korea Securities Depository cannot exercise the voting right on behalf of shareholders pursuant to the capital market and financial investment service act Article 314 Section 5. Therefore, shareholders do not need to notify an intention of exercising the voting rights to the Korea Securities Depository. As before, shareholders can directly exercise the voting right by visiting the place or indirectly exercise the right by providing a power of attorney to proxy.

5. Other matters

For the 47th fiscal year, the Company expects to pay a cash dividend of KRW 3,000 for per share of common stock. (Series 1 Preferred Stock: KRW 3,050; Series 2 Preferred Stock: KRW 3,100; Series 3 Preferred Stock: KRW 3,050)

February 17, 2015

Hyundai Motor Company

Representative Director, Kim Choong Ho

(Seal omitted)