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Delphi Corp.



We are investigating Delphi Corp. ("Delphi" or the "Company") (NYSE:DPH) for violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). The investigation focuses on investments in Company stock by the Delphi Savings-Stock Purchase Program for Salaried Employees, the Delphi Personal Savings Plan for Hourly-Rate Employees, the Delphi Mechatronic Systems Savings-Stock Purchase Program, the ASEC Manufacturing Savings Plan, and the Income Security Plan for Hourly-Rate Employees (the "Plans") from January 1, 1999, through the present (the "Class Period").The investigation focuses on concerns that Delphi Corp. and other fiduciaries for the Plans may have breached their ERISA-mandated fiduciary duties of loyalty and prudence by, among other things, continuing to offer their own Company stock as a Plan investment option and investing and holding employee and matching contributions in the stock at a time when they knew or should have known that the stock was not a suitable and appropriate investment option.

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