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Inverstors News

Work Stoppage

2005.04.01 No. 323
2. Location Where Operation was Shut Down:
- All Hyundai Motor Manufacturing Plants in Korea
3. Sales revenue of work stoppage plants:
a) Sales Revenue of work stoppage plants :KRW 27,472,457,000,000
b) Total sales revenue of the company :KRW 27,472,457,000,000
c) Sales revenue portion of work stoppage plants(c=a/b):100.00%
4. Date (and period) of Shutdown: April 01, 2005 13:00 pm (4hrs.)

5. Summary of Shutdown:
1) Reason : Participation in a partial strike in accordance with the
decision made by the Korean Confederation of Trade Unions(KCTU)
2) Contents : Automobile Manufacturing, Service and sales
6. Expected Date of Operation Resumption: April 04, 2005 08:00 am
7. Effects of Shutdown:
- Vehicle production loss (approximately 1,200 units)
8. Applicability as a large-scale corporation : Yes
9. Others :
- The amounts in #3 above have been rounded up from KRW 100,000, and is based on the 2004 sales revenue
- The shutdown period in #4 above is based on regular work hours.
- The effects of work stoppage in #7 above is based on assumption compared to the production plan.
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