Hyundai Motor America Names Jong Eun Kim New President and Chief Executive Officer

FOUNTAIN VALLEY, Calif., Dec. 21, 2007 -- Hyundai Motor America announced today that Jong Eun Kim has been named President and Chief Executive Officer of the company. Ok Suk "Owen" Koh, who formerly held the position, has been named as head of Kia's operations in China.

Kim most recently served as head of Hyundai Motor Company's Middle East and African operations, headquartered in Dubai. Prior to that position he has held positions in sales, operations and parts in Korea and other parts of the world for Hyundai.

The change is effective January 1, 2008.