29 Jun 2007 07:00
Hyundai Motor Company29 June 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : June 28, 2007Disclosure title : Work Stoppage 1. Location of Work Stoppage: - partial work locations of Hyundai Motor Company, including Ulsan manufacturing plant 2. Sales revenue of work stoppage business: a) Sales revenue of work stoppage impacted (FY 2006 revenue): KRW 27,335,368,000,000 b) Total sales revenue of the company (FY 2006): KRW 27, 335,368,000,000 c) Sales revenue portion of work stoppage impacted(c=a/b):100% d) Applicability as a large-scale corporation : Yes 3. Contents of work stoppage : Automobile Manufacturing, maintenance service and sales 4. Reason of work stoppage: Participation in accordance with the decision made by the Korean Metal Workers Union (KMWU) 5. Effects of work stoppage: Vehicle production loss 6. Date (and period) of Work Stoppage: - June 28, 2007 from 01:00 pm (4 hrs.) - June 29, 2007 from 10:00 am (6 hrs.) 7. Decision Date of Work Stoppage : June 28, 2007 8. Expected Date of Operation Resumption : July 02, 2007 9. Others : - All work operations of Hyundai Motor, including Ulsan manufacturing plant, agreed on the strike decided by the KMWU for today 01:00 PM, however some work operations sites are currently operating. - The !(R)Decision date of work stoppage!+/- in #7 above is based on the date of work stoppage due to strike. - The nighttime shift continues to work normal hours. - The above contents may be subject to change depending on the Hyundai Motor Company!s internal situation. This information is provided by RNS The company news service from the London Stock Exchange