Ford Credit Offers Financial Relief to Tornado Victims

Qualified customers eligible to delay car payments

DEARBORN, Mich., June 3 -- Ford Credit is offering customers in Kansas, Missouri, Oklahoma and Tennessee affected by recent tornados the opportunity to defer some car payments. Ford Credit's Disaster Relief Program allows customers to defer up to three monthly payments.

Approximately 113,000 Ford Credit customers in all four states who live in affected areas are eligible for the Disaster Relief Program. Those impacted should receive letters within the next few weeks, with instructions on how to participate in the program. Customers who have not received letters, but believe they qualify may inquire about the program by calling Ford Credit at (800) 723-4016.

"Ford Credit is committed to its customers," said Greg Smith, chairman and CEO of Ford Credit. "We understand that they may experience temporary financial problems due to natural disasters. The goal of this program is to give customers one less thing to worry about during trying times."

Ford Credit is a wholly owned subsidiary of Ford Motor Company and is the world's largest automotive finance company. Now in its 44th year, Ford Credit provides vehicle financing in 36 countries to more than 11 million customers and more than 12,500 automotive dealers. Ford Credit had total earnings of $1.23 billion in 2002, with a worldwide receivables base of more than $193 billion. More information about Ford Credit can be found on the World Wide Web at www.fordcredit.com and at www.fordcredit.com/investorcenter .