GM Statement Regarding Suspension of Construction Contracts for Flint Engine Plant

Detroit January 30, 2009; GM’s plans to build the 1.4-liter Family 0 engine for the Chevy Volt and Cruze in the City of Flint, Mich. have not changed. In December 2008, we announced we would delay construction of a new plant. At that time we made decisions necessary to conserve capital. We continue to hold our timing, but yesterday it was necessary to make decisions on related construction contracts so we wouldn’t incur any additional costs.