Hyundai Ubiquitous & Information Technology Co., Ltd. acquired 2.03% stake in Hyundai Asan Corporation for KRW 1.3 billion on March 30, 2012. Hyundai Ubiquitous & Information Technology Co., Ltd. will acquire 0.36 million shares at the price of KRW 3,500 per share. For the year ended December 31, 2011, Hyundai Asan reported total assets of KRW 294.31 billion, net assets of KRW 89.12 billion, revenue of KRW 112.42 billion and net loss of KRW 29.68 billion. Hyundai Ubiquitous & Information Technology Co., Ltd. completed the acquisition of 2.03% stake in Hyundai Asan Corporation on March 30, 2012.