Delphi Automotive 1st Quarter Net 22 Cents/Share

Delphi Corp. - Troy, 
   1st Quar :
                      2002             2001
Sales           $6,688,000,000   $6,535,000,000
Net income       a (51,000,000)  b (429,000,000)
Shr earns
 Net income             a (.09)          b (.77)

Figures in parentheses are losses.

a. Includes $174 million charge for restructuring and portfolio actions. Excluding charge, earnings would have been $123 million, or 22 cents a share.

b. Includes $404 million restructuring and impairment charge and $5 million for goodwill amortization. Excluding both items, the loss would have been $20 million, or 4 cents a share.