MOTORS MECHANICAL REINSURANCE COMPANY, LIMITED
Supplement dated January 26, 1999
to
Prospectus Dated May 12, 1998
1. The fourth paragraph on the cover of the Prospectus is deleted in its
entirety and replaced with the following:
"The Shares are being sold, on a continuous basis, by registered
representatives of GMAC Securities Corp. Neither the registered
representatives nor GMAC Securities Corp. is specifically compensated
for their services in this regard."
2. "Plan of Distribution" contained under "Summary" on page 6 of the
Prospectus is deleted in its entirety and replaced with the following:
"The Shares are being offered, on a continuous basis, by registered
representatives of GMAC Securities Corp., a broker-dealer affiliate of
MIC. Neither the registered representatives nor GMAC Securities Corp.
is specifically compensated for their services in this regard, and no
commissions are charged or paid in connection with sale of the
Shares."
3. "Plan of Distribution" on pages 24-25 of the Prospectus is deleted in its
entirety and replaced with the following:
"The Shares are being offered, on a continuous basis, by registered
representatives ("Registered Reps.") of GMAC Securities Corp. GMAC
Securities Corp. is an affiliate of MIC and is registered as a
broker-dealer under the Securities Exchange Act of 1934 and in each of
the states in which Shares are being offered. It is also a member of
the National Association of Securities Dealers, Inc. The Registered
Reps. receive no commissions or other compensation related directly to
their sale of Shares. In addition, GMAC Securities Corp. receives no
compensation in connection with the distribution of the Shares. All
sales of Shares are subject to approval by the Company. (See
"Eligibility to Purchase the Shares")."
