Resumption of operation

26 Sep 2008 07:57



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

Disclosure date : September 26, 2008

Disclosure title :  Resumption of Operation

1. Location Where Operation was Resumed : - All Hyundai Motor Manufacturing Plants in Korea

2. Sales revenue of work stoppage plants:a) Sales revenue impact of operation resumption(FY2007): 

KRW 30,619,671,000,000

b) Total sales revenue of the company(FY2007):

KRW 30,619,671,000,000

c) Sales revenue portion of work stoppage plants(c=a/b):100.0%

d) Applicability as a large-scale corporation : Yes

3. Contents of operation resumption : Automobile Manufacturing, 

Service and sales

4. Reason of operation resumption : The end of partial strike 

5. Date of operation resumption : September 26, 2008

6. Decision date of resumption : September 26, 2008

7. Others : 

- The above date of operation resumption in #5 and decision date of resumption in #6 are the final conclusion date of wage negotiation.

- Period and Effects of Shutdown :

i) July ~ September 2008 / Total 90 hrs.

ii) Vehicle production loss (approximately 32,700 units) 

* The 'Vehicle production loss' above is based on assumption compared to the production plan and is not including production loss from overtime and extra work.

- Related disclosure : July 2, 2008 (Work stoppage)

ENDMSCEAKNKASSPEEE