Chrysler Not Assuming Certain Liabilities to Dealers Whose Franchise Agreements are not Assumed

The Company Disclosure Letter (the "Letter") annexed to the Master Purchase Agreement filed with the Bankruptcy Court on May 12, identifies liabilities under dealer and consumer incentive programs and liabiltiies under dealer support programs as Assumed Liabilities. However, explicitly excluded from the category of Assumed Liabilities are incentive program payments and dealer support program payments to dealers whose franchise agreements are not being assumed themselves.