Ford Elects Stephen G. Butler to its Board of Directors

DEARBORN, Mich., Feb. 16, 2004 -- Ford Motor Company announced today the election of Stephen G. Butler, the retired chairman and chief executive officer of KPMG, LLP, to the company's Board of Directors.

Butler, 56, retired from KPMG in 2002 following a 33-year career with the international accounting, tax and consulting firm. At the time of his retirement, KPMG's operations included more than 100,000 employees servicing clients in 150 countries.

"Our board welcomes Steve's strong accounting and financial background and his overall business acumen," said Chairman and Chief Executive Officer Bill Ford. "With Steve's election, Ford has gained the talents and wisdom of an individual who understands and appreciates the challenges of operating and growing a global business."

Butler added: "As a Ford Motor Company director I will have an opportunity to apply my years of experience in international accounting and finance to a strong global company. I'm enthused about Ford's future and look forward to contributing to its success."

Butler's appointment, which is effective immediately, increases the number of company directors to 16. He will be a member of the audit, finance and nominating and governance committees. In addition, Butler will continue to serve as a director on the board of Cooper Industries, Ltd., where he serves on the audit and nominating and corporate governance committees; and as a director on the board of ConAgra Foods, where he serves on the audit committee.

A native of Kansas City, Mo., Butler graduated cum laude with a degree in business from the University of Missouri, Columbia, in 1969, the year he began his KPMG career.

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With more than 318,000 employees worldwide, the company's automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Quality Care and Hertz. Ford Motor Company celebrated its 100th anniversary on June 16, 2003.