Delphi Completes Specialty Electronics Inc. Acquisition

     Broadens Access to New Markets Through Connection Systems Customers

    TROY, Mich., June 4 Delphi Automotive Systems
today announced that it has finalized the purchase of Specialty Electronics
Inc. for $21.8 million.  Specialty is a provider of electronic connector
products and customized interconnect solutions to the telecommunications,
computer, industrial electronics, medical and automotive markets, which fits
Delphi's strategic expansion into new markets.

    The acquired business will be aligned with the recently established Delphi
Connection Systems business unit, and will immediately assume the Delphi
Connection Systems-Specialty Electronics name.  The acquisition, which is
expected to be financially accretive in the first full year of ownership,
exceeds Delphi's long-term return objectives, and further positions Delphi to
profitably grow Delphi Connection Systems' business in the telecom, computer
peripherals and medical connection markets, as well as the automotive arena.

    In conjunction with today's announcement, Erol Kirayoglu is named managing
director of Delphi Connection Systems-Specialty Electronics, with continued
responsibility to oversee the global operations and growth of the business.
Kirayoglu was the co-founder of Specialty Electronics in 1984.