GM Statement on Shareholder Activity
DETROIT, May 5 -- General Motors today learned that Tracinda Corporation
intends to make a tender offer for approximately 4.95 percent of its shares by
Tracinda Corporation. Tracinda also disclosed a previously acquired stake of GM
shares.
The public disclosure relating to Tracinda's recent and intended
acquisitions of GM shares stated they are 'solely for investment purposes.'
GM typically does not express a view on specific investor activity. GM's
board and management are committed to enhancing shareholder value for all
of our investors.
SOURCE General Motors Corporation
-0- 05/05/2005 P
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