Hyundai Motor India ties up with TATA Indicom to implement GDMS –Network

Company release, February 10, 2005

New Delhi

Hyundai Motor India Limited (HMIL) today signed an MOU with TATA Indicom to facilitate the implementation of its Global Dealer Management System (GDMS), a software that will help all its dealers stay connected with the company in real time.

Under the five-year MOU, signed by Mr B V R Subbu, HMIL President, and Mr Sandeep Mathur, President, Tata Indicom Enterprise Business Unit, TATA Indicom will enable the GDMS by providing the Virtual Private Network (VPN) and VSAT technologies. It will also be the technological service partner of HMIL to ensure the smooth operation of the GDMS system.

The GDMS, a web based communication software, will enable dealers to place on-line orders of cars, spare parts and accessories to HMIL and will speed up operations and eventually benefit the customer. GDMS will ensure better and smooth functioning between sales, service and parts operations, enabling generation of online reports/information and hence reduce manual work.

It will initially be run as a pilot on about 20 dealer locations and will be extended to all HMIL dealers in 305 locations across India by May, 2005.

Speaking on the occasion, Mr B V R Subbu, President, HMIL, said, “We look forward to working with TATA Indicom on this project. With the implementation of the GDMS, we aim to make it the first integrated system, on which our dealers can view stocks of products online. The auto industry in India needs to develop a centralized system which will be timely, fast, accurate and efficient. Hyundai’s revolutionary "click-n-order" model system will increase dealer efficiency.”

“We at Hyundai have always tried to deliver the best and implement the latest technologies for the benefit of our dealers and customers. TATA Indicom will bring their requisite expertise to this project and we look forward to a mutually beneficial relationship with them,” he added.

Mr Mathur said, “We are glad to be associated with this important Hyundai Motor project. We believe that our telecom expertise and robust infrastructure coupled with our in–depth understanding of the automobile industry would enable us to fully meet all of Hyundai Motor requirements for this pioneering project.”

About HMIL:

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, S. Korea, and is India's fastest growing car company having rolled-out over 700,000 cars in just over 70 months and is the largest exporter of passenger cars with exports of over Rs. 1,700 crores. HMIL is also India's second largest car company and markets over 25 variants of passenger cars across six segments. The Santro in the B segment, Getz in the B+ segment, the Accent in the C segment, the Elantra in the D segment, the Sonata in the E segment and the Terracan in the SUV segment.

About HMC:

Hyundai Motor India Limited is a wholly owned subsidiary of the Hyundai Motor Company (HMC), Korea, a part of the Hyundai Motor Group comprising Hyundai Motor Company, Kia Motors, Hyundai Mobis and other affiliated companies, with a combined turnover of over US$ 50 Billion. The Hyundai Motor Group with a presence in over 185 countries and combined annual sales of over 3 million units is one of the fastest growing auto manufacturers in the world.

For further information contact:

Anita Sharma

Head, Corporate Communications

Tel: 011 – 51599922

email: anitasharma@hmil.net

Or

Abhishek Mahapatra

Tel: + 91-9811667727

email: abhishekm@hmil.net

or

Naina Aidhi

Tel: + 91-9899107283

email: prdelhi@hmil.net