Hyundai Celebrates Grand Opening of New Regional Office in Coppell, Texas

        Hyundai's First New Regional Office in 16 Years Will Serve
                        12 States and 126 Dealers

   What:       Bob Cosmai, President and CEO of Hyundai Motor America, and
               elected officials including Coppell Mayor, Douglass Stover,
               will celebrate the grand opening of Hyundai's new South
               Central Regional Sales, Service and Service Training office.

               Hyundai is leasing the 30,300 square-foot office from RREEF
               who invested more than $1 million to renovate the space.  The
               South Central Regional office will employ 40 people,
               including 28 newly created positions.

   When:       Friday, May 6, 2005
               Open House -- 12:30 - 3:30 p.m.
               Ribbon Cutting -- 1:30 p.m.
               Sonata Preview -- 2:30 p.m.

   Why:        Hyundai sales have grown by 364 percent since 1998 in the
               United States.  The company's success necessitated the
               addition of a fifth sales region to support Hyundai owners
               and 126 dealers in 12 states including Wyoming, Colorado,
               New Mexico, Kansas, Oklahoma, Texas, Missouri, Arkansas,
               Louisiana, Tennessee, Mississippi and Alabama.

   Who:        Executives from Hyundai, as well as local elected officials
               will be in attendance including:
                 *  Douglass Stover, Mayor of Coppell, Texas
                 *  Bob Cosmai, President and CEO, Hyundai Motor America
                 *  Mike Buckingham, President and CEO, Hyundai Motor
                    Finance Company
                 *  J.S. Choi, Senior Executive Vice President,
                    Hyundai Motor America
                 *  Ed Bradley, Vice President of National Sales,
                    Hyundai Motor America
                 *  Rick Lueders, General Manager, South Central Regional
                    Office

   Where:      Hyundai Motor America
               South Central Regional Office
               1421 South Beltline Rd., Suite 400
               Coppell, TX 75019