MOTORS LIQUIDATION COMPANY

INVESTOR FAQS
 

What is Motors Liquidation Company? How does it relate to GM? • After it sold substantially all of its assets in the section 363 sale to General Motors Company to create the “new GM,” General Motors Corporation was renamed “Motors Liquidation Company.” For the operations, assets and liabilities that were not transferred to General Motors Company, the chapter 11 case will continue in order to resolve creditors’ claims and wind down remaining operations in an orderly way. What will happen to my GM stock now that the 363 sale has closed? • The stock that you hold is in the “old” General Motors Corporation (now known as Motors Liquidation Company). Motors Liquidation Company and the “new” GM are separate and distinct entities. As stated on the web sites of both Motors Liquidation Company and the new GM, the new GM currently has no publicly traded securities, and none of Motors Liquidation Company’s publicly owned stocks or bonds are or will become securities of the new GM. • On July 1, 2009, Motors Liquidation Company issued a press release reminding investors of its strong belief that there will be no value for its common stockholders in its bankruptcy liquidation process, even under the most optimistic of scenarios. On its website, www.motorsliquidation.com, Motors Liquidation Company has reiterated this statement, in keeping with its belief that even under the most optimistic of scenarios, there will be no recovery for common stockholders. Thus, while the common stock of Motors Liquidation Company has not been cancelled, investors should not interpret that as indicating that the shares have any value. • As reported in the Form 8-K filed by the company on June 3, 2009, the New York Stock exchange suspended the listing of Motors Liquidation Company’s common stock, which formerly traded under the ticker symbol “GM”. Subsequently, Motors Liquidation Company’s common stock was trading on the unlisted over-thecounter market under the ticker symbol “GMGMQ.pk”.

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computershare. please contact your broker directly. How do I sell my Motors Liquidation Company stock? • If you are the registered owner of the stock. at 1-800-3319922.sec. Representatives are available to assist you Monday through Friday from 9 a. contact Computershare.” • Trading of Motors Liquidation Company’s stock has resumed under the new ticker symbol issued by the SEC: MTLQQ. and the alert is available at http://www.MOTORS LIQUIDATION COMPANY INVESTOR FAQS   • On July 10. ET. • As noted in the alert. • If your stock is held through a broker.m.com/gm. You may also visit Computershare on the Internet at www. Motor Liquidation Company’s stock transfer agent.htm. to 5 p. There are links to the alert on Motor Liquidation Company’s website. • The SEC and FINRA have issued an alert to investors about the dangers of investing in a company in chapter 11 out of concern that there is confusion about the relationship between Motors Liquidation Company and the New GM. 2   .gov/investor/alerts/bankruptcygmalert.m. What is Motors Liquidation Company’s CUSIP number? • Motors Liquidation Company’s CUSIP number is 62010A 105. 2009 the Financial Industry Regulatory Authority halted trading in the stock in view of its belief that the trading volume represented a potential misunderstanding the that such securities may have related to interests in New GM and pending issuance of a new symbol to reflect the change of the company’s name from “General Motors Corporation” to “Motors Liquidation Company. and that investors have purchased shares of the old GM in the belief that the old common stock will have value or will be converted into shares of stock in the New GM. investors should understand that buying common stock of companies in Chapter 11 bankruptcy is extremely risky and can lead to financial loss.

at 1-800-331-9922. otherwise known as a Bar Date. Information regarding the Bar Date and the claims process can be found under the “Claims Information” section of www.computershare. or to update your address. has been set as November 30. • If you are a stockholder of record and require information on your stock account or need service such as transfer of stock ownership. approved and implemented.motorsliquidation. to 5 p. please contact your broker directly. Motor Liquidation Company’s stock transfer agent. Please note that a deadline for filing claims.MOTORS LIQUIDATION COMPANY INVESTOR FAQS   I am an unsecured bondholder in General Motors Corporation. as early as the second quarter of 2010. Representatives are available to assist you Monday through Friday from 9 a. Also. 2009. ET. however. General Motors Company may be contractually required by its new stockholders to register their stock for sale to the public. • If your stock is held through a broker. You may also visit Computershare on the Internet at www. It is too early to tell how long this may take. we 3   . contact Computershare. request tax or cost basis information. and this may involve an initial public offering. Where can I get more information? • Please continue to check this website.m.com.m. When will stock in the new GM be offered as an Initial Public Offering? • We expect that shares of the General Motors Company will be publicly traded in the future. obtain share balance. as it will be updated regularly to reflect developments in Motors Liquidation Company’s chapter 11 case.com/gm. Do I need to submit a proof of claim form? • Distribution of this equity to unsecured bondholders and other claim holders will be determined through the court process and will not occur until a plan of liquidated is submitted.

When will unsecured bondholders be provided with their equity in the new GM? • As part of the consideration for the acquisition of substantially all of the assets of the old General Motors Corporation. Distribution of this equity to unsecured bondholders and other claim holders will be determined through the court process and will not occur until a plan of reorganization is submitted.S.” and will be treated in accordance with the provisions of the U.MOTORS LIQUIDATION COMPANY INVESTOR FAQS   do not know when or if any of these stockholders will sell any of their shares. as well as warrants for an additional 15%. It is too early to tell how long this may take. 10% equity in the new GM. What will happen to GM’s stock? • All of the publicly owned stocks and bonds previously issued by General Motors Corporation are still securities of that company. Bankruptcy Code and the rulings of the Bankruptcy court. None of Motors Liquidation Company’s publicly owned stocks or bonds (including the common stock that formerly traded on the NYSE under the ticker “GM”) are or will become securities of General Motors Company (the "new GM"). will be provided to Motors Liquidation Company which is still in Chapter 11. 4   . which is an independent separate company. accepted and implemented. which has been renamed “Motors Liquidation Company.

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