Dividend Declaration

GENERAL MOTORS CORPORATION
2 August 1999


PLEASE BE ADVISED THAT THE BOARD OF DIRECTORS OF GENERAL MOTORS CORPORATION ON
AUGUST 2, 1999, DECLARED THE FOLLOWING DIVIDENDS:

Class/Series               Quarterly        Record Date        Payable Date
                          (per share)

Common - $1 2/3               $0.50       August 12, 1999    September 10,1999
Series D 7.92% Preference     $1.98        October 4,1999     November 1,1999
  (Series D 7.92% Depositary  $0.495)      October 4,1999     November 1,1999
Series G 9.12% Preference     $2.28        October 4,1999     November 1,1999
  (Series G 9.12% Depositary  $0.57)       October 4,1999     November 1,1999