Delphi Initiates Draw Down on Revolving Credit Facility

TROY, Mich., Aug. 5, 2005 -- Delphi Corp. today confirmed, in response to inquiries, that on August 3, 2005, it initiated a draw down of $1.5 billion under its $1.8 billion revolving credit facility. The draw down was in connection with financing operations in the context of Delphi's discussions with its principal unions and General Motors regarding a consensual restructuring of the Company's operations in the United States. Delphi will be filing its Form 10-Q on Monday, August 8, 2005 that will contain additional information and will be hosting its scheduled briefing concerning second quarter results for news media representatives, institutional investors and security analysts at 11:00 am EDT on August 8, 2005.

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