Results of Conversion Offer

Ford Motor Co
01 August 2007

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FOR IMMEDIATE RELEASE

FORD ANNOUNCES RESULTS OF CONVERSION OFFER RELATED TO TRUST PREFERRED SECURITIES

DEARBORN, Mich., Aug. 1, 2007 - Ford Motor Company (NYSE: F) ('Ford') today
announced the results of its offer related to the 6.50% Cumulative Convertible
Trust Preferred Securities of Ford's wholly owned subsidiary trust, Ford Motor
Company Capital Trust II. Ford had offered to pay a premium consisting of 1.7468
shares of Ford common stock valued at $14.25 to holders who elected to convert
their trust preferred securities to shares of Ford common stock in accordance
with the terms of the offer. The conversion offer expired at 5:00 p.m., New York
City time, on Tuesday, July 31, 2007.

On Aug. 1, 2007, Ford accepted for conversion all trust preferred securities
that were validly tendered and not withdrawn as of the expiration of the
conversion offer. Based on a final count by Computershare Shareholders Services,
Inc., the conversion agent for the conversion offer, 42,543,071 trust preferred
securities, with an aggregate liquidation preference of about $2.1 billion and
representing approximately 43% of the issued and outstanding trust preferred
securities, were tendered and accepted for conversion. This will result in the
issuance of an aggregate of 194,494,157 shares of Ford common stock, consisting
of 120,179,921 shares issued pursuant to the conversion terms of the trust
preferred securities and 74,314,236 shares issued as the premium paid for
conversion. Delivery of the shares of common stock in exchange for accepted
trust preferred securities will be made by Computershare Shareholders Services,
Inc. on Aug. 3, 2007. Upon settlement of the conversion offer, 57,455,429 trust
preferred securities with an aggregate liquidation preference of about S2.9
billion will remain outstanding.


 
 
Ford Motor Company Capital Trust II, a statutory business trust, was formed in
2001 under the laws of the state of Delaware and is a wholly-owned subsidiary of
Ford Motor Company. Ford Motor Company, a global automotive industry leader
based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets
across six continents. With about 260,000 employees and about 100 plants
worldwide, the company's core and affiliated automotive brands include Ford,
Jaguar, Land Rover, Lincoln, Mercury, Volvo and Mazda. The company provides
financial services through Ford Motor Credit Company LLC.



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