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Inverstors News

Resumption of Operation

2004.03.19 No. 223
    1. Details of Resumption :
      - Resumption of operations for Chonju Plant

    2. Location Where Operation is Resumed:
      - Hyundai Motor Company, Chonju Plant

    3. Production in Operations Shutdown in the Previous Fiscal Year :
      KRW 1,861,642,000,000
      - Total Production of Company in Previous Fiscal Year :
        KRW 24,967,265,000,000
      - Ratio to Production (%) : 7.46

    4. Date of Operation Resumption : March 19, 2004

    5. Reasons for Operation Resumption : The end to the reason for shutdown
      (reason being an offensive odor caused by the exposure of hazardous chemicals
       from a paint manufacturing plant in the nearby vicinity)

    6. Impact of Shutdown : Vehicle production loss (approximately 180 units)

    7. Total Assets at the End of the Previous Fiscal Year :
      KRW 24,250,145,000,000

    8. Others :
      - Amounts less than KRW 1,000,000 have been deleted
      - The amount in #3 above is based on the 2003 sales revenue
        for the Chonju Plant.

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