Redemption of Shares,etc

General Motors Corporation
7 March 2000


   GM ANNOUNCES REDEMPTION OF SERIES-D DEPOSITARY SHARES AND SERIES-D TOPrS


NEW YORK - General Motors Corp. (NYSE: GM) today announced the redemption of a
total of approximately 3 million outstanding depositary shares, each of which
represents a one-fourth interest in a GM Series-D 7.92% Preference Share (NYSE:
GM.D), and approximately 3.1 million outstanding Series-D 8.67% Trust Originated
Preferred Securities (TOPrS) (NYSE: GM.X).  The securities together have a total
face value of approximately $150 million.

The redemption date is May 2, 2000.  Investors will receive notice of the
redemptions by publication and by mail.

'These redemptions extinguish two expensive, debt-like obligations for General
Motors, while having a positive impact on GM $1-2/3 common stock earnings per
share,' said GM Vice President and Treasurer Eric A. Feldstein.

The Series-D depositary shares will be redeemed at a price of $25 per depositary
share, plus accrued and unpaid dividends of $0.18 per share, for a total
redemption price of $25.18 per depositary share.  In addition, as previously
announced, a dividend of $0.495 per Series-D depositary share for the quarter
ended March 31, 2000 will be paid on May 1, 2000 to the holders of record on
April 3, 2000.  The Series-D depositary shares, issued in July 1992, first
became redeemable at GM's option beginning Aug. 1, 1999.

The Series-D TOPrS will be redeemed at a price of $25 per security, plus an
accrued and unpaid distribution of $0.01 per share, for a total redemption price
of $25.01 per Series-D TOPrS.  Additionally, a distribution of approximately
$0.542 per Series-D TOPrS will be paid on May 1, 2000 to holders of record on
April 15, 2000 for the period beginning Feb. 1, 2000 and ending April 30, 2000. 
The Series-D TOPrS first became redeemable at GM's option beginning Aug. 1,
1999.  They were issued in July 1997.

The redemption/paying agent for the redemption of the Series-D depositary shares
and the Series-D TOPrS is BankBoston N.A., 150 Royall Street, Canton, Mass.,
02021.  Stockholders with questions about their Series-D preference shares or
Series-D TOPrS may call the information agent, Georgeson Shareholder
Communications Inc., at 1-800-223-2064.