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Inverstors News

Work Stoppage

2006.04.21 No. 428

1.Location Where Operation was Shut Down :
- All Hyundai Motor Manufacturing Plants in Korea
2. Sales revenue of work stoppage plants :
a) Sales revenue of work stoppage plants (FY 2005): KRW 27,383,737,000,000
b) Total sales revenue of the company (FY 2005) : KRW 27,383,737,000,000
c) Sales revenue portion of work stoppage plants(c=a/b): 100%
d) Applicability as a large-scale corporation : Yes
3. Contents of shutdown : Automobile Manufacturing, Service and sales
4. Reason of shutdown : Participation in a partial strike in accordance with the decision made by the Korean Confederation of Trade Unions(KCTU)
5. Counter measure : Expect to start our operations from April 24, 2006 08:00 AM
6. Effects of Shutdown :
- Vehicle production loss (approximately 1,500 units)
7. Date (and period) of Shutdown :
- day time : April 21, 2006 1:00 pm (4 rs.)
8. Expected D ate of O peration R esumption: April 24, 2006
9. Decision Date of Shutdown : April 21, 2006

10 . 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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