Further re SecuritiesOffering

Ford Motor Co 24 January 2002 Contact: Media Todd Nissen 1.313.594.4410 tnissen@ford.com Securities Analysts Anne Bork 1.313.323.8221 abork@ford.com Shareholder Inquiries 1.800.555.5259 or 1.313.845.8540 stockinfo@ford.com Media Information Center 1.800.665.1515 or 1.313.621.0504 media@ford.com FORD ANNOUNCES PRICING DETAILS FOR TRUST PREFERRED CONVERTIBLE SECURITIES OFFERING DEARBORN, Mich., Jan. 24 - Ford Motor Company (NYSE: F) announced pricing details for the $4.5 billion of trust preferred convertible securities it sold today. The annual distribution rate is 6.50 percent, equal to $3.25 for each preferred security. The distribution will be paid quarterly starting in April 2002. Each preferred security is convertible into 2.8249 shares of Ford common stock. The preferred securities can be converted into Ford common stock at any time. The preferred securities will be listed on the New York Stock Exchange under the symbol F PrS. They are expected to begin trading Friday, Jan. 25. The offering is expected to close next week. Proceeds from the offering will be used by Ford for general corporate purposes. The managing underwriters for the offering are Goldman, Sachs & Co., JPMorgan, Morgan Stanley and Salomon Smith Barney. Go to http://media.ford.com for news releases and high-resolution photographs A prospectus relating to the offering may be obtained from: Ford Motor Company One American Road Dearborn, MI 48126 Attention: Shareholder Relations Department Ford Motor Company is the world's second largest automaker, selling vehicles in 200 markets and with approximately 345,000 employees on six continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive related services include Ford Credit, Hertz and Quality Care. This information is provided by RNS The company news service from the London Stock Exchange
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