Tax Basis Worksheet

Please be aware that the information contained herein is general in nature and should not be construed to be legal, business, or tax advice.  You should consult your personal tax advisor as to the particular tax consequences of each transaction highlighted here, including the applicability and effect of any state, local, and foreign tax laws.

Ford Spin-off of Visteon Corp.

On June 28, 2000, Ford Motor Company distributed all of the common stock of Visteon Corporation owned by Ford to its shareholders of record on June 12, 2000.  Shareholders of Ford received 13 shares of Visteon for every 100 shares of Ford owned.  Since this special distribution (of Visteon stock) was a tax-free distribution, the tax basis allocation of the spin-off should be: 

                        Ford Motor Company                                 96.07%

                        Visteon Corporation                                3.93%

 (Based upon the cost basis of Ford stock purchased or owned prior to 06/12/2000)

For detailed information please go to Investor Relations on the Ford website www.ford.com