HYUNDAI ENGINEERING PLASTICS 5F 102 Dong, i-Park, #9 Jeongja-Dong, Bundang-Gu, Seongnam, Korea TEL FAX HYUNDAI EP / Mar 4, 2010 HYUNDAI ENGINEERING PLASTICS

■ Summary ■ Main Business Date of Establishment : January 2000 Capital : 18 Million USD Sales : 200 Million USD (2009) CEO : KunWon Lee Production Capacity - Korea : 95,000 MT/yr (Including Toll Compounder) - Oversea Plants : 89,000 MT/yr No. of Employee: 220 Website : Production and Sales of Automotive Interior/Exterior Materials Production and Sales of Electric Appliance PP/PE Materials I. Company Overview HYUNDAI ENGINEERING PLASTICS

Establishment of HYUNDAI DEVELOPMENT COMPANY’s Polymer Division Introduction of SOLVAY Engineered Polymer of U.S.A’s licensed technology Completion of Dangjin Plant Establishment of HYUNDAI EP Co., Ltd Establishment of Joint Venture Corporation in Suzhou, China 「 HEM (Hyundai Engineering Material Co., Ltd.) 」 Accomplishment of license sales contract with Basell (For HMC USA and Europe) Establishment of Joint Venture Corporation in Harbin, China 「 Heilongjiang Xinda Hyundai Engineering Material Co., Ltd. 」 HEP listed on the Korean Stock Market, KOSPI Establishment of corporation in Sanhe, China - Beijing area- 「 Hyundai (Sanhe) Engineering Material Co., Ltd. 」 Establishment of Corporation in Chennai, India 「 HEP India Private Ltd. 」 Acquisition of SK’s ‘Special Polymer division’ Start-up of PS/EPS Business (Dongbu’s ‘Petrochemical Business Department’) 1. HISTORY HYUNDAI ENGINEERING PLASTICS

Plant Capacity （ MT/YEAR) No. of Extruders TangJin Plant (Korea) 50,000 4 Twin Extruders, 1 Banbury Mixer JinChun Plant (Korea) 33,000 7 Twin Extruders Ulsan Plant (Korea) 156,000 Suzhou Plant (China) 14,000 2 Twin Extruders Guangdong Plant (China) 25,000 5 Twin Extruders Harbin Plant (China) 14,000 3 Twin Extruders Beijing Plant (China) 15,000 2 Twin Extruders Chennai Plant (India) 21,000 3 Twin Extruders 2. Plant Capacity HYUNDAI ENGINEERING PLASTICS

Harbin Beijing Japan, Nagoya Office Zhaoqing Suzhou Chennai Zillina Izmir Mississipi Alabama ◆ HYUNDAI ＥＰ OVERSEAS NETWORK Jinchun Dangjin 5 4 HYUNDAI ENGINEERING PLASTICS Ulsan

TangJin Plant R & D Center Bundang Office Ulsan Plant JinChun Plant ◆ Korea Region HYUNDAI ENGINEERING PLASTICS

Korea Dangjin Plant Jincheon Plant Ulsan Plant Suzhou Plant Hyundai SK (Guangdong) Plant Beijing Plant Harbin Plant ◆ MAP OF CHINA, JAPAN AND KOREA Japan Nagoya Office Hyundai SK HYUNDAI ENGINEERING PLASTICS

Automotive ７３ % - Market Share (Automotive) - HEP 45% PE Compound 11% Export 10% Oversea Plant 9% Competitors 55% ◆ Portfolio and Market Share - Portfolio - Automotive 70% HYUNDAI ENGINEERING PLASTICS

CONTENTS 1. Overview 2. Products 3. Production Facilities 4. Research & Development HYUNDAI ENGINEERING PLASTICS II. Introduction of Petrochemical Business Division

 The top of the styenic industry, One of Korea’s top resin producers  The long term plan of targeting high-tech, value-added fields Establishment of industry-leading petrochemical business PS EPS Differentiated strategical products High gloss HIPS + Flame-retardant environment- Friendly PS Developing cutting-edge Next-generation materials Environment-friendly materials + Electric materials A vertically integrated production system HYUNDAI ENGINEERING PLASTICS 1. Overview

■ History  JUN : Ulsan Petrochemical Co. Ltd. established ( Later renamed Dongbu Petrochemical Co. Ltd )  SEP : Dongbu Group acquired Ulsan Petrochemical Co. Ltd. And renamed it Dongbu Petrochemical Co. Ltd.  NOV : PS plant completed ( 60,000 tons/year ) with Atochem License  JAN : EPS plant completed ( 40,000 tons/year ) with Huntsman License  MAR : Renamed Dongbu Hannong Chemical Co. Ltd.  JAN : EPS Plant expanded ( to 56,000 tons/year )  DEC : PS plant expanded ( to 100,000 tons/year )  MAR : Renamed Hyundai-EP Petrochemical Co. Ltd HYUNDAI ENGINEERING PLASTICS

■ The complete photograph of plant HYUNDAI ENGINEERING PLASTICS

■ PS ( Poly Styrene )  Brand : SOLARENE (GPPS, HIPS)  Applications : Electric and Electronic parts, tapes, food containers etc.  Capacity : 100 thousand tons/year HYUNDAI ENGINEERING PLASTICS 2. Products

■ EPS ( Expandable Poly Styrene )  Brand : SOLARPOL  Application : Insulation panel, electric package  short-absorbing package, fruit & fish package  Capacity : 56 thousand tons/year HYUNDAI ENGINEERING PLASTICS

Requests for flame retardant are increasing in the electronic and electric applications  Various type of FRPS : Deca, Nondeca & Halogen Free type ( V2~V0 )  Compliance with RoHS  Optimum Properties  Processability ■ Flame Retardant PS HYUNDAI ENGINEERING PLASTICS

 Scale : 251,821 sq. meters in the Ulsan Petrochemical Complex  Capacity :  PS 100,000 tons/year (GPPS:45,000 tons / HIPS:55,000 tons) EPS 56,000 tons/year  Steady capacity expansion and process innovation ■ Ulsan Petrochemical Plant HYUNDAI ENGINEERING PLASTICS 3. Production Facilities

 Fusion of petrochemicals with agrochemicals : Development of Live-resolvability resins  Development of plastic complex for breeding pot  A significant number of patents were registered. Successful commercialization ■ Petrochemical Technology Institute HYUNDAI ENGINEERING PLASTICS 4. Research & Development