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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

Disclosure date     :  January 5, 2009

Disclosure title    :  Resumption of Operation

1. Location Where Operation was Resumed :
- Asan plant in Korea

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

KRW 5,237,592,000,000

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):17.11%

d) Applicability as a large-scale corporation : Yes

3. Contents of operation resumption : Automobile Manufacturing

4. Reason of operation resumption : Resumption of production   

5. Date of operation resumption : January 5, 2009

6. Decision date of resumption : January 5, 2009

7. Others : 

- The sales revenue of work stoppage impacted in #2-a is based on the total complete built-up vehicle sales revenue of Asan plant in 2007. And the total sales revenue of the company in #2-b is based on the total revenue of the company in 2007.

- The decision date of resumption in #6 is the date of production resumption. Production resumed at 08:00 am.

- Period and Effects of work stoppage :

i) Period : December 26, 30, 31, 2008 

ii) Vehicle production loss : approximately 2,315 units 

* The 'Vehicle production loss' above is based on assumption compared to the production plan.

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