Dividend Declaration

Ford Motor Co
10 April 2002


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FORD DECLARES SECOND QUARTER DIVIDEND

DEARBORN, Mich., April 10th - The Board of Directors of Ford Motor Company 
(NYSE: F) today declared a second quarter dividend of 10 cents a share on the 
company's Class B and common stock. This is the same level of dividend paid in 
the first quarter of 2002.

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 second quarter dividends are payable on June 3, 2002 to shareholders of
record on May 3, 2002.






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