GMAC Inc. (“GMAC”) has scheduled a conference call to review and discuss its 2009 second quarter financial results on Tuesday, August 4th, 2009 at 9:00 a.m. Eastern Time. The conference call will be hosted by Robert Hull, GMAC Chief Financial Officer, and is expected to last approximately 60 minutes.

To access the conference call, please dial 1-800-706-7748 at least 10 minutes prior to the start time (or +1 617-614-3473 for international access) and enter the participant code 67098338.

The conference call will also be webcast live on:

GMAC’s Investor Relations website in the Presentation section. http://www.gmacfs.com/us/en/about/investor/upcoming_events.html

ResCap’s Investor Relations website in the Presentations section. https://www.rescapholdings.com/investor/presentations.htm

The press release, including financial highlights and the presentation will be posted in the Events/Presentations sections of the GMAC and ResCap Investor Relations websites on August 4th, 2009 at approximately 8:00 a.m. Eastern Time.

A taped replay of this call will be made available from 12:00 p.m. Eastern Time on August 4th 2009, until August 11th, 2009. Please dial 1-888-286-8010 (or +1 617-801-6888 for international access) and enter participant code 85877765 to access the taped replay. A replay of the webcast will also be made available on the GMAC and ResCap Investor Relations websites.