The New York Stock Exchange, Inc. has approved the listing of shares of Delphi Corp. common stock. Delphi will be able to list shares of stock to be issued upon its emergence from Chapter 11 reorganization proceedings in accordance with the previously announced confirmed plan of reorganization, subject to official notice of issuance. As a result of such approval, the restrictions on transfer and exercise of discount rights by residents of Texas, as described in Delphi's prospectus dated March 11, are no longer applicable. A copy of the Delphi's prospectus dated March 11 may be obtained by contacting Georgeson Inc., the information agent for the rights offerings, at (212) 440-9800 (banks and brokers only) or (800) 279-7134 (all others). Delphi intends to emerge from Chapter 11 as soon as practicable upon satisfaction of the conditions to emergence set forth in the First Amended Plan of Reorganization that was confirmed by the Bankruptcy Court on Jan. 25. There can be no assurances that all conditions to the consummation of the amended plan will be satisfied in a timely manner. . |
