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Ford Declares Second-Quarter Dividends

9 April 1998

Ford Declares Second-Quarter Dividends

    DEARBORN, Mich., April 9 -- The Board of Directors of Ford
Motor Company today declared a second-quarter dividend of 42 cents a
share on the company's Class B and common stock.  The dividend is the same as
paid in the first quarter of 1998.
    The board also declared a dividend of $0.515625 a share on the depositary
shares representing the company's Series B Cumulative Preferred Stock.
    The dividend on the Series B Preferred Stock equals the quarterly amount
of the annual cumulative dividend of $2.0625 per depositary share.
    The second-quarter dividends are payable on June 1, 1998, to shareholders
of record on May 1, 1998.

SOURCE  Ford Motor Company