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Inverstors News

Work Stoppage

2006.02.28 No. 415

1.Details of Operation Shutdown :
- Work stoppage in manufacturing plant
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 (January~September 2005): KRW 19,266,452,000,000
b) Total sales revenue of the company (January ~ December 2004) : KRW 27,472,457,000,000
c) Sales revenue portion of work stoppage plants(c=a/b): 70.13%
4.Date (and period) of Shutdown : February 28, 2006 15:00 pm (4 hrs.)

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 D ate of O peration R esumption: March 02, 2006 08:00 AM
7.Effects of Shutdown :
- Vehicle production loss (approximately 1,500 units)
8.Applicability as a large-scale corporation : Yes
9 . Others :
- The ‘Effects of Shutdown’ in #7 above is based on assumption compared to the production plan.
-The above contents may be subject to change depending on the decisions made by the Korean Confederation of Trade Unions(KCTU)

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