TYPE: 425
SEQUENCE: 1
DESCRIPTION: FILING OF COMMUNICATION
Filed by General Motors Corporation (GM)
Subject Company - General Motors Corporation
Pursuant to Rule 425 under the Securities Act of 1933
File No. 333-30826
The following communication contains forward-looking statements within the
meaning of the Safe Harbor Provisions of the Private Securities Litigation
Reform Act of 1995. Reference made in the following is based on management's
current expectations or beliefs and is subject to a number of factors and
uncertainties that could cause actual results to differ materially from those
described in the forward-looking statements.
The principal risk factors that may cause actual results to differ materially
from those expressed in forward-looking statements contained in this
communication are described in various documents filed by GM with the U.S.
Securities and Exchange Commission (SEC), including GM's Annual Report on Form
10-K for the year ended December 31, 1999.
* * * * * * * * *
The following is a paragraph which will be included in various GM e-newsletters
to be issued on or after May 10, 2000.
Offer to exchange GM $1 2/3 common stock expiring soon: The opportunity for
participants in GM employee savings plans to voluntarily exchange their
interests in shares of GM $1 2/3 common stock in such plans for interests in
shares of Class H common stock expires at 4 p.m., EDT, on Tuesday, May 16, three
days prior to the expiration date for shares held outside the plans. The
opportunity for GM employees who hold GM $1-2/3 stock directly, through
brokerage accounts or otherwise expires at midnight, EDT on Friday, May 19. GM
$1-2/3 shareholders are being offered 1.065 shares of Class H stock for each
share of $1-2/3 stock properly tendered in the exchange offer. The prospectus
relating to the exchange offer and other materials have been sent to homes (or
address of record). If you have questions relating to the exchange materials,
call Morrow & Co., GM's information agent at 877.816.5329 (toll-free) in the
United States or 212.754.8000 (collect) elsewhere. If you have questions
regarding how to participate in the offer through your GM stock savings plan,
contact the GM Investment Service Center at 800.489.4646 or 606.491.8257. None
of GM, its board or any other person acting as an agent of GM is making any
recommendation as to whether you should participate in the exchange offer. You
must make your own investment decision after carefully reading the prospectus
and the other exchange offer materials.
STOCKHOLDERS ARE URGED TO READ THE IMPORTANT INFORMATION IN GM'S PROSPECTUS
RELATING TO THE EXCHANGE OFFER THAT HAS BEEN MAILED TO THEIR ADDRESS OF RECORD
AND IS ALSO ON FILE AT THE SEC AND AVAILABLE FREE OF CHARGE AT ITS WEBSITE,
www.sec.gov, AT GM'S WEBSITE, www.gm.com, AND FROM GM STOCKHOLDER SERVICES. THIS
COMMUNICATION DOES NOT CONSTITUTE AN OFFER TO SELL OR SOLICITATION TO BUY IN
CONNECTION WITH THE PLANNED EXCHANGE OFFER, WHICH WILL ONLY BE MADE BY MEANS OF
THE PROSPECTUS.
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