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Ford Motor Company Declares Third Quarter Dividends

13 July 2000

Ford Motor Company Declares Third Quarter Dividends

    DEARBORN, Mich. - The Board of Directors of Ford Motor Company today 
declared a third quarter dividend of 50 cents a share on the company's Class B 
and common stock.  This is the same level of dividend paid in the second quarter 
of 2000.

    The board also declared a dividend of 51.5625 cents 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 third quarter dividends are payable on September 1, 2000 to
shareholders of record on July 26th.  Although the dividend will be paid after
the distribution date for the proposed Value Enhancement Plan, it will be
based on, and paid to, owners of existing shares.