Ford Elects Richard A. Manoogian to Board of Directors

    DEARBORN, Mich., July 12 Richard A. Manoogian, chairman
and chief executive officer of Masco Corporation, has been elected to the Ford
Motor Company Board of Directors, William Clay Ford Jr., chairman of
the board, announced today.
    "Richard is a highly respected and successful businessman with a long
history of involvement in the automotive industry," Bill Ford said.  "He is a
community leader with a strong commitment to the Detroit area, and will be an
excellent addition to our board."
    Manoogian has been chairman and CEO of Taylor, Mich.-based Masco since
1985.  Masco is one of the world's leading manufacturers of faucets, cabinets,
architectural coatings, locks and other consumer brand-name home improvement
and building products.  Its brands include Delta and Peerless faucets, and
KraftMaid and Merillat cabinets.
    Manoogian joined Masco in 1958.  When he was named president in 1968, the
company had revenues of $55 million.  Under Manoogian's direction, Masco has
grown into a broadly diversified home improvement products company with annual
sales of approximately $8 billion.
    In addition to Masco, Manoogian serves on the boards of Bank One Corp.,
Metaldyne Corp., MSX International Inc., and is a director of Detroit
Renaissance and the American Business Conference.  He is also Chairman of the
Detroit Institute of Arts Board of Directors and serves as a trustee of
several other cultural and educational organizations, including the Henry Ford
Museum and Greenfield Village and the Armenian General Benevolent Union.
    Manoogian's appointment is effective Sept. 1 and brings the number of
directors to 15.  He is the fourth director appointed to the board since Bill
Ford became chairman on Jan. 1, 1999.