Chrysler Unsecured Creditors' Committee Launches Bankruptcy Website

NEW YORK, Aug. 13, 2009 -- The Official Committee of Unsecured Creditors of Chrysler LLC (n/k/a Old Carco LLC) announces the launch of its new bankruptcy information website: www.chryslercommittee.com.

On April 30, 2009, Chrysler LLC and certain of its subsidiaries and affiliates (collectively, "Old Chrysler") filed for chapter 11 bankruptcy protection. On May 5, 2009, the United States Trustee appointed 11 of the largest unsecured creditors to serve as the Official Committee of Unsecured Creditors of Old Chrysler. One of the Committee's responsibilities is to provide access to information for all of Old Chrysler's general unsecured creditors. On July 16, 2009, the Bankruptcy Court authorized the Committee to establish a website to provide information and communicate with Old Chrysler's creditors.

The Committee website offers an opportunity for general unsecured creditors of Old Chrysler to submit their questions to the Committee and its professional advisors. The website also provides information about the material aspects of Old Chrysler' bankruptcy case, which is continuing under Old Chrysler's new name: "Old CarCo LLC". Aspects of the bankruptcy case include:

  --  names of the current members of the unsecured creditors' committee;
  --  deadlines for filing proofs of claim and the forms for filing proofs
      of claim in the chapter 11 cases;
  --  contact information for the primary parties in the chapter 11 cases;
  --  access to key court documents in the chapter 11 cases;
  --  a "frequently asked questions" section about the chapter 11 cases; and

  --  general bankruptcy overview.

The information on the website was created by, and is being maintained by, Kramer Levin Naftalis & Frankel LLP, which is counsel to the Committee in Old Chrysler's chapter 11 case.