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Inverstors News

Work Stoppage

2009.03.04 No. 578
  HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange

Disclosure date   :  February 26, 2009
Disclosure title   :  Work Stoppage

1. Location of Work Stoppage:
- Asan Manufacturing Plants in Korea

2. Sales revenue of work stoppage business:
a) Sales revenue of work stoppage impacted (FY 2007):
KRW 5,237,592,000,000
b) Total sales revenue of the company (FY 2007):
KRW 30,619,671,000,000
c) Sales revenue portion of work stoppage impacted(c=a/b):17.11%
d) Applicability as a large-scale corporation : Yes

3. Reason of work stoppage:
Retooling of Automobile Manufacturing line for new model

4. Effects of work stoppage: Remodeling production line

5. Date (and period) of Work Stoppage:
From March 3, 2009 to March 6, 2009 (4 days)

6. Expected date of operation resumption : March 9, 2009

7. Decision Date of Work Stoppage: February 26 , 2009

8. Others :
- The ‘Sales revenue of work stoppage impacted” in #2 is based on 2007 Asan Plant revenue, and the ‘Total sales revenue of the company’ is based on the company’s revenue in 2007
- The date and period of work stoppage in #7 is based on the internal determined date.
- The above contents may be subject to change depending on the Hyundai Motor Company’s internal situation.
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