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Delphi Releases Update On Internal Investigation

TROY, Mich., Dec. 8, 2004 -- Delphi Corp. today filed a Form 8-K with the Securities and Exchange Commission updating investors as to the status of the ongoing investigation being conducted by the audit committee of the company's Board of Directors regarding the accounting for certain transactions with suppliers.

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A copy of the Form 8-K can be found through the Investor Relations section of Delphi's website at http://www.delphi.com/ .

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