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Inverstors News

Work Stoppage

2012.07.13 No. 751
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange


Disclosure date  : July 13, 2012

Disclosure Title :  Work Stoppage

1. Location of Work Stoppage:
- All places of business including Ulsan Manufacturing Plants in Korea

2. Sales revenue of work stoppage business:
        a) Sales revenue of work stoppage impacted: KRW
      42,774,077,000,000

        b) Total sales revenue of the company: KRW
      42,774,077,000,000

          c) Sales revenue portion of work stoppage
      impacted(c=a/b):100%

       d) Applicability as a large-scale corporation: Yes

3. Areas of work stoppage: Manufacturing, maintenance and sales of cars

4. Reason of work stoppage: Direction from Korean Metal Workers’ Union

5. Countermeasures of work stoppage: -

6. Effects of work stoppage: Disruption of production

7. Date (and period) of Work Stoppage:
4 hours From July 13, 2012 13:00
4 hours from July 14, 2012 02:00

8. Expected date of operation resumption : -

9. Decision Date of Work Stoppage: July 13, 2012


10. Others:
- The Sales revenue of work stoppage impacted in #2 is based on 2011 Total sales revenue (HMC Only).
- The date and period of work stoppage in #7 is only for determined schedule.
- The decision date of work stoppage in #9 is based on the date of work stoppage.
- It is unclear when production will be resumed at this point. The actual length and loss from the stoppage will be disclosed as production is resumed.
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