Hyundai Motor Company 30 December 2005 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : December 30, 2005 Disclosure Title : Temporary Response to Disclosure Inquiry regarding Rumor or News Responsive disclosure regarding the news report of the establishment of a joint venture company with Guangzhou Automobile Company We signed MOU with China Guangzhou Automobile Company in reference to the establishment of China Commercial Vehicle Joint Venture Plant in June 21, 2005, and were under negotiations for establishing the company and starting construction of plant at the end of this year. However, since we are still undergoing market research and business appropriateness etc., there is no final decision as of yet. We will disclose any further details upon its conclusion by the end of June, 2006. Name of Disclosure Officer : Yoo No Hwang, Director, Head of Financial Management Group l Date of Related Disclosure (Korea Stock Exchange) : May 13, 2005 June 21, 2005 This information is provided by RNS The company news service from the London Stock Exchange