15th Jan 2007 09:54
Hyundai Motor Company15 January 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : January 15, 2007 Disclosure title : Work Stoppage 1. Location of Work Stoppage:- All places of business including Ulsan Manufacturing Plants in Korea 2. Sales revenue of work stoppage business:a) Sales revenue of work stoppage impacted (FY 2005): KRW 27,383,737,000,000 b) Total sales revenue of the company (FY 2005): KRW 27,383,737,000,000 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, repair or maintenance and sales services 4. Reason of work stoppage: A strike related to the performance bonus 5. Effects of work stoppage: Vehicle production loss 6. Date (and period) of Work Stoppage: - Daytime : January 15, 2007 from 01:00 pm (4 hrs.) - Nighttime : January 16, 2007 from 02:00 am (4 hrs.) 7. Decision Date of Work Stoppage: January 15, 2007 8. Others : - The 'Decision date of work stoppage' in #7 above is based on thedate of work stoppage due to a strike. - Expected date of work stoppage afterwards : January 17, 2007 (daytime : 6 hrs. / nighttime : 6 hrs.) - Currently it is too hard to forecast the date of normal operationresumption. When our production operation is resumed, we will disclose it lateron. - The above contents may be subject to change depending on the HyundaiMotor Company's internal situation. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Hyundai Mtr.gdr