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Invitation to Media Briefing With Chrysler Group President and CEO Tom LaSorda

   - Global conference call, satellite coordinates and live Webcast also
     available

  What:     Tom LaSorda, President and CEO - Chrysler Group, will host a
            media briefing to address questions regarding the agreement to
            sell the Chrysler Group to Cerberus Capital Management.

  Who:      Tom LaSorda, President and CEO - Chrysler Group

  When:     Tuesday, May 15, 2007, at 1:30 p.m. EDT

  Where:    Headquarters 1000 Chrysler DriveAuburn Hills, Mich. 48326

  Details:  Please enter through Tower Lobby entrance. From there,
            Communications representatives will be available to escort media
            to the event location.

  Other:    For those unable to attend, the following options are
             available:

            Global Conference Call Dial-in Numbers:

            - Domestic toll-free telephone number: 877-601-3549
            - International telephone number: 210-839-8508
            - Passcode: Chrysler

            A replay of the conference call will be available approximately
            one hour after the original call ends, and available until
            Tuesday, May 22, 2007, at 11:59 p.m. EDT.

            - Domestic toll-free number: 866-457-5512
            - International number: 203-369-1285

            Satellite Coordinates:
            Time: 13:15 Eastern - 14:45 Eastern (with a 15 min approx out)
            Galaxy 11 - 10 C-band
            Downlink Freq 3900 MHz (V)

            Live Webcast:

            - To view the Webcast live in high bandwidth, visit:
              http://www.dcxmediaservices.com/live/hiband.asx.
            - To view the Webcast live in low bandwidth, visit:
              http://www.dcxmediaservices.com/live/loband.asx.

            A replay of the Webcast will be available approximately one hour
            after the original Webcast ends, and available for 30 days.

  Contact:
  Mike Aberlich
  (248) 512-2704 (office)
  (248) 635-7072 (cell)
  mfa@dcx.com

  Shawn Morgan
  (248) 512-2692 (office)
  (248) 760-2621 (cell)
  sm718@dcx.com