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Inverstors News

Work Stoppage

2006.11.22 No. 463
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 November 23, 2006 08:00 am
6. Effects of Shutdown:
- Vehicle production loss (approximately 1,500 units)
7. Date (and period) of Shutdown:
- day time : November 22, 2006 from 13:00 pm to 17:00 pm (4rs.)
8. Expected Date of Operation Resumption: November 23, 2006
9. Decision Date of Shutdown: November 22, 2006

10. Others :
- The ‘Effects of Shutdown’ in #7 above is based on assumption compared to the production plan.
- The night time shift is expected to be a regular operation.
- 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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