HYUNDAI CONTINUES RECORD SALES PACE, APRIL SALES SET ANOTHER NEW RECORD FOUNTAIN VALLEY, Calif., 05/03/2002 Hyundai Motor America today announced sales of 30,972 vehicles for the month of April, setting another new sales record for the month. "Hyundai sales were up nearly 19 percent over last April," said Robert Cosmai, vice-president of sales for Hyundai Motor America. "This marks our 15th consecutive month of record-setting sales. Hyundai has tremendous momentum going into the strong spring/summer sales period and we expect these strong sales to continue. April sales were driven by the mid-size Sonata and our Santa Fe sport utility vehicle which nearly doubled sales over the previous year," he added. "Our customers customers now perceive Hyundai products as having high quality, great styling and tremendous value. And all of this is backed by America's Best Warranty," Cosmai said. Following is the sales breakdown for April 2002: CARLINE APRIL 2002 APRIL 2001 CY2002 CY2001 ACCENT 6,175 6,514 25,525 27,444 SONATA 5,469 4,339 23,131 17,082 ELANTRA 9,928 8,339 35,165 30,226 TIBURON 1,630 1,852 5,291 6,024 SANTA FE 6,491 3,258 24,361 14,298 XG350 1,279 1,831 4,933 5,832 TOTAL 30,972 26,133 118,406 100,906

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