Hyundai Worldwide Global Navigation
| 1. Details of Operation Shutdown: - Work stoppage in a manufacturing plant 2. Location Where the Operation was Shut Down: - Hyundai Motor Company Chonju Plant 3. Previous Year`s Value of Production Affected by the Shutdown: KRW 1,861,642,000,000 - Total Value of Production of Company in the Previous Fiscal Year : KRW 24,967,265,000,000 - Ratio to Total Value of Production : 7.46% 4. Date (and period) of Shutdown: March 18, 2004 8:30 am (approximately 8hrs.) 5. Reason for Shutdown: - A stoppage in operations due to an offensive odor caused by the exposure of hazardous chemicals from a paint manufacturing plant in the nearby vicinity. 6. Expected Date of Operation Resumption: March 19, 2004 7. Effects of Shutdown: - Vehicle production loss (approximately 180 units) 8. Total Assets at the End of Previous Fiscal Year (2003): KRW 24,250,145,000,000 9. Others : - Amounts less than KRW 1,000,000 have been deleted from all the above amounts. - The amount in #3 above is based on the 2003 sales revenue for the Chonju Plant. - The shutdown period in #4 above is based on regular work hours. |