28th Feb 2006 08:35
Hyundai Motor Company28 February 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : February 28, 2006 Disclosure title : Work Stoppage 1. Details of Operation Shutdown:- Work stoppage in manufacturing plant 2. Location Where Operation was Shut Down:- All Hyundai Motor Manufacturing Plants in Korea 3. Sales revenue of work stoppage plants:a) Sales revenue of work stoppage plants (January September 2005): KRW 19,266,452,000,000 b) Total sales revenue of the company (January December 2004): KRW 27,472,457,000,000 c) Sales revenue portion of work stoppage plants(c=a/b):70.13% 4. Date (and period) of Shutdown: February 28, 2006 15:00 pm (4hrs.) 5. Summary of Shutdown:1) Reason : Participation in a partial strike in accordance with the decision made by the Korean Confederation of Trade Unions(KCTU) 2) Contents : Automobile Manufacturing, Service and sales 6. Expected Date of Operation Resumption: March 02, 2006 08:00 AM 7. Effects of Shutdown:- Vehicle production loss (approximately 1,500 units) 8. Applicability as a large-scale corporation : Yes 9. Others : - The 'Effects of Shutdown' in #7 above is based on assumption compared to the production plan. - The above contents may be subject to change depending on the decisions made by the Korean Confederation of Trade Unions(KCTU) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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