Hyundai Construction Equipment U.S.A., Inc. officially changes name to Hyundai Construction Equipment Americas, Inc.

| May 17, 2010

Hyundai has announced that Hyundai Construction Equipment U.S.A., Inc. (HCEUSA), which is headed by John Lim, president, has changed its corporate name to Hyundai Construction Equipment Americas, Inc. effective May 10, 2010.

In December 2009, HCEUSA’s parent company, Hyundai Heavy Industries expanded the HCEUSA’s operational reach to cover all of North, Central and South America. To better reflect our operational expansion covering all of the Americas, Hyundai has changed our corporate name to Hyundai Construction Equipment Americas, Inc.

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