Chrysler Financial Acathletic(R) Scholarships Provide Students with Competitive Edge on College

* Seven Student Athletes Awarded College Prep-Course

* Educational Support from DaimlerChrysler Services

OVERLAND PARK, Kan., May 27 -- During the Tenth Annual Memorial Day Classic Acathletic(R) Track Meet, Chrysler Financial will award seven Missouri and Kansas high school students to attend a nine-week SAT or ACT study course to prepare them for college entrance examinations. The Memorial Day Classic takes place May 29-30 at the Hoezel Stadium at Center High School in Kansas City, Mo. The Chrysler Financial Acathletic Scholarships will be awarded during an awards ceremony on Sunday, May 30 at 10:30 a.m.

"Supporting youth education is vitally important to Chrysler Financial as it is the foundation for empowering professionals entering today's workforce," said Bob Gay, Senior Manager - Kansas City Customer Contact Center for DaimlerChrysler Services North America. "By sponsoring the Acathletic Scholarship, we hope to inspire young adults to embrace higher education, expand their knowledge and become competitive in their personal career goals."

To qualify for the Chrysler Financial Acathletic Scholarship, applicants must be high school juniors or seniors, have a grade point average of 2.5 or higher, must demonstrate commitment to educational advancement, community involvement, participate in high school sports and be a Memorial Day Classic athletic participant.

"Acathletic is a term emphasizing the relationship between academics and athletics," said Kenneth D. Ferguson, Associate Professor of Law - University of Missouri, Kansas City Law School. "An Acathlete is committed to academic achievement and supports academic goals through athletic involvement. As founder of the Memorial Day Classic, I am pleased DaimlerChrysler Services is supporting this unique approach to promoting both athletic spirit and academic excellence," said Ferguson.

Students benefiting from the scholarship will learn basic skills in preparation for college entrance exams. In addition, students benefit from an orientation to the college admission process, strategies for computerized test taking, performance feedback and home workbook practice exercises.

The Chrysler Financial Acathletic Scholarship further emphasizes DaimlerChrysler Service's efforts to support young people in their quest for educational advancement. In the past, DaimlerChrysler Services has partnered with Iota Phi Theta to support "BizKids" an entrepreneurial development and financial management program for fifth-grade students in urban areas and has participated with Junior Achievement to transfer business knowledge to primary and secondary education students.

About DaimlerChrysler Services North America LLC

DaimlerChrysler Services North America LLC provides brand-specific financing for automotive dealers' inventories and their retail consumers and does business as Chrysler Financial and Mercedes-Benz Credit. As DaimlerChrysler Services Truck Finance it also finances commercial vehicles for affiliate products such as Freightliner, Sterling and Western Star. The company serves as the headquarters for the operations in the United States, Canada and Mexico and has over 5,500 employees who manage a portfolio of $83 billion with nearly five million contracts. DaimlerChrysler Services North America is a member of the DaimlerChrysler Services Group, headquartered in Berlin, Germany, which operates in 39 countries with an employee base exceeding 10,800 and a global portfolio of $ 118 billion. DaimlerChrysler Services is one of the leading financial services companies worldwide.

Additional information about the Memorial Day Classic is available on the Internet at: http://www.memorialdayclassic.org/

Additional information and news from DaimlerChrysler is available on the Internet at: http://www.media.daimlerchrysler.com/