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Resumption of Operation

2004.07.02 No. 239
1. Details of Resumption :
    - Resumption of operations for all business units

2. Location Where Operation is Resumed:
    - All Hyundai Motor Company business units

3. Production in Operations Resumed : KRW 6,207,339,000,000
    - Total Production of Company in Previous Fiscal Year : KRW 24,967,265,000,000
    - Ratio to Production (%) : 24.86

4. Date of Operation Resumption : July 2, 2004

5. Reasons for Operation Resumption : Provisional wage negotiation agreement between labor and management

6. Impact of Work Stoppage : Production setback on all automobile models (20,372 units)

7. Total Assets at the End of the Previous Fiscal Year : KRW 24,250,145,000,000

8. Others :
    - Amounts less than KRW 1,000,000 have been deleted.
    - The amount for #3 above is based on sales, and the production in operations
    resumed is the company`s entire sales amount for January to March of 2004.
    - The number of production loss units in #6 above is estimated based on production
    plan.
    - Operations resumed on July 2, 2004 8:00 AM.
    - The scheduled date of the for / against vote on the provisional agreement is
    July 5, 2004.

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