2007-03-12 23:14:54 -

NEW YORK, March 12 /PRNewswire/ -- GMAC Financial Services has scheduled the release of its 2006 annual and fourth quarter financial results for Tuesday, March 13, 2007. The press release including financial highlights will be issued at 2:00 p.m. EDT via PR Newswire, the GMAC Financial Services Media Center website (http://www.gmacfs.com/us/en/about/media/index.html) and the Residential Capital, LLC (ResCap) News site (https://www.rescapholdings.com/news/index.htm).

GMAC Executive Vice President and Chief Financial Officer Sanjiv Khattri will host a conference call at 3:30 p.m. EDT to review the company's performance. Senior management from both

GMAC and ResCap will also be available. The call will include a review of the results, followed by a question-and-answer session for securities analysts and media. The call is expected to last approximately 90 minutes.

Conference Call Information: Dial 1-866-700-6293 (or 617-213-8835 for international access) at least 10 minutes prior to the start time and enter the participant code 79359148. The conference call will also be webcast live on GMAC's Investor Relations website (http://www.gmacfs.com/us/en/about/investor/presentations.html) in the Presentations section and on ResCap's Investor Relations website in the Presentations section (https://www.rescapholdings.com/investor/presentations.htm). The presentation will be posted at approximately 2:00 p.m. EDT.

Archive: A taped replay of this call will be made available from 6:30 p.m. EDT, March 13, 2007, until midnight, March 16, 2007. Please dial 1-888-286-8010 (or 617-801-6888 for international access) and enter participant code 30970474 to access the taped replay.

Source: GMAC Financial Services