Delphi and DAAZ Win Radiator Business From Russian Automaker AVTOVAZ

MOSCOW, Aug 27 (MARKET WIRE) --
Delphi Corporation (PINKSHEETS: DPHIQ) has been awarded new business from
Dimitrovgrad Avtoagregat Plant (DAAZ) to supply engine cooling radiator
cores to the final assembly of radiator fan modules for the AVTOVAZ Lada
Kalina. In January 2009, DAAZ will begin delivering modules to the
AVTOVAZ plant in Togliatti, Russia.

"This win underscores Delphi's continued growth in the Russian market and
represents a joint design, engineering and manufacturing effort between
Delphi and DAAZ," said Jim Bertrand, president of Delphi Thermal Systems.
"Russia is an important emerging market, and as a global supplier, Delphi
has the right technology, footprint and distribution channels to meet the
needs of its Russian customers. Delphi will continue to work with DAAZ
and its parent company Industrial Holding 'AVTOCOMPONENTS' to look for
Thermal manufacturing opportunities in Russia."

Delphi has a history of supplying the Russian market with complete air
conditioning systems. In 2004, Delphi launched the first air conditioning
system on the Russian-made Chevy Niva for GM AVTOVAZ. Since 2007, Delphi
has supplied the UAZ Patriot with a complete AC system.

ABOUT DELPHI

Delphi is a leading global supplier of mobile electronics and
transportation systems, including powertrain, safety, steering, thermal,
and controls & security systems, electrical/electronic architecture, and
in-car entertainment technologies. Engineered to meet and exceed the
rigorous standards of the automotive industry, Delphi technology is also
found in computing, communications, consumer electronics, energy and
medical applications. Headquartered in Troy, Mich., Delphi has
approximately 159,000 employees and operates 153 wholly owned
manufacturing sites in 34 countries with sales of $22.3 billion in 2007.
Delphi can be found on the Internet at www.delphi.com.

FORWARD LOOKING STATEMENTS

This press release as well as other statements made by Delphi may contain
forward-looking statements that reflect, when made, the Company's current
views with respect to current events and financial performance. Such
forward-looking statements are and will be, as the case may be, subject to
many risks, uncertainties and factors relating to the Company's operations
and business environment which may cause the actual results of the Company
to be materially different from any future results, express or implied, by
such forward-looking statements. In some cases, you can identify these
statements by forward-looking words such as "may," "might," "will,"
"should," "expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue," the negative of these terms and
other comparable terminology. Factors that could cause actual results to
differ materially from these forward-looking statements include, but are
not limited to, the following: the ability of the Company to continue as a
going concern; the ability of the Company to operate pursuant to the terms
of the debtor-in-possession financing facility and its advance agreement
with GM, to obtain an extension of term or other amendments as necessary
to maintain access to such facility and advance agreement; the Company's
ability to obtain Court approval with respect to motions in the chapter 11
cases prosecuted by it from time to time; the ability of the Company to
consummate its amended plan of reorganization which was confirmed by the
Court on January 25, 2008 or any other subsequently confirmed plan of
reorganization; risks associated with third parties seeking and obtaining
Court approval to terminate or shorten the exclusivity period for the
Company to propose and confirm one or more plans of reorganization, for
the appointment of a chapter 11 trustee or to convert the cases to
chapter 7 cases; the ability of the Company to obtain and maintain normal
terms with vendors and service providers; the Company's ability to
maintain contracts that are critical to its operations; the potential
adverse impact of the chapter 11 cases on the Company's liquidity or
results of operations; the ability of the Company to fund and execute its
business plan (including the transformation plan described in Item 1.
Business "Plan of Reorganization and Transformation Plan" of the Annual
Report on Form 10-K for the year ended December 31, 2007 filed with the
SEC) and to do so in a timely manner; the ability of the Company to
attract, motivate and/or retain key executives and associates; the
ability of the Company to avoid or continue to operate during a strike,
or partial work stoppage or slow down by any of its unionized employees
or those of its principal customers and the ability of the Company to
attract and retain customers. Additional factors that could affect future
results are identified in the Annual Report on Form 10-K for the year
ended December 31, 2007 filed with the SEC, including the risk factors in
Part I. Item 1A. Risk Factors, contained therein, and the Company's
quarterly periodic reports for the subsequent periods, including the risk
factors in Part II. Item 1A. Risk Factors, contained therein, filed with
the SEC. Delphi disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events and/or otherwise. Similarly, these and other factors,
including the terms of any reorganization plan ultimately confirmed, can
affect the value of the Company's various prepetition liabilities, common
stock and/or other equity securities.

Contacts:
Delphi Russia:
Agnieszka Przymusinska
+48 12 252 10 33
Email Contact

Delphi Europe:
Marie-Pierre Ygrie
+33 1 49 90 47 52
Email Contact

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