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.
