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November 13, 2008

THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED

                       IMPORTANT INFORMATION ABOUT THE
                         GENERAL MOTORS CORPORATION
                DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN

Effective with the trade date of November 13, 2008, the optional cash investment component of the
General Motors Dividend Reinvestment and Stock Purchase Plan (Plan) has been suspended until
further notice. Accordingly, the last stock purchase under the Plan will be on November 18, 2008, and
no purchases of General Motors common stock, $1 2/3 par value (“GM Stock”), under the Plan can be
made until further notice.

Any funds received by Computershare Trust Company, N.A. (“Computershare”), GM’s stock transfer
agent and Plan administrator, from Plan participants after November 13, 2008, for optional cash
investments will be returned without interest. If you participate in the automatic investment feature of
the Plan, the last automatic deduction from your bank account, for the November 18, 2008 investment,
was made on November 10, 2008.

The following features will continue to operate normally as set forth in the Plan: sales, transfers, and
certificate issuance. Your GM Stock remains in your stock account at Computershare and you will
continue to have access to those shares. Otherwise, no further action is required by you.

As you know, following the Board’s suspension of the payment of the dividend in July, no dividends
are currently being paid and reinvested.

If the optional cash investment feature under the Plan should resume, you will be notified in writing. It
is important always to keep your mailing address current with Computershare.
GM has determined to suspend the optional cash investment component of the Plan due to the fact that
it continues to assess the potential consequences presented by the current and difficult challenges
facing the automotive industry and the potential availability of liquidity from initiatives such as our
operating and working capital measures as well as asset sales, capital market activities or other private
financing, government funding programs or some combination of these initiatives.

If you have any questions regarding this notice, or wish to request another copy of the Plan prospectus
or update the address for your account, please contact Computershare by one of the following
methods:
               Telephone: 800-331-9922
                            781-575-3990 (from outside United States, Canada or Puerto Rico)
               Internet: www.computershare.com/gm
               Mail: P.O. Box 43078, Providence, RI 02940-3078

       REMINDER: DO NOT SEND ANY CHECKS TO COMPUTERSHARE FOR OPTIONAL CASH
       INVESTMENTS. YOUR FUNDS WILL NOT BE INVESTED AND WILL NOT EARN INTEREST.
       COMPUTERSHARE WILL RETURN ANY SUCH FUNDS WITHOUT INTEREST.

General Motors Corporation                                                                  002CS17470

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GM_Stock Information_Dividend Reinvestment and Stock Purchase Plan

  • 1. November 13, 2008 THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED IMPORTANT INFORMATION ABOUT THE GENERAL MOTORS CORPORATION DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN Effective with the trade date of November 13, 2008, the optional cash investment component of the General Motors Dividend Reinvestment and Stock Purchase Plan (Plan) has been suspended until further notice. Accordingly, the last stock purchase under the Plan will be on November 18, 2008, and no purchases of General Motors common stock, $1 2/3 par value (“GM Stock”), under the Plan can be made until further notice. Any funds received by Computershare Trust Company, N.A. (“Computershare”), GM’s stock transfer agent and Plan administrator, from Plan participants after November 13, 2008, for optional cash investments will be returned without interest. If you participate in the automatic investment feature of the Plan, the last automatic deduction from your bank account, for the November 18, 2008 investment, was made on November 10, 2008. The following features will continue to operate normally as set forth in the Plan: sales, transfers, and certificate issuance. Your GM Stock remains in your stock account at Computershare and you will continue to have access to those shares. Otherwise, no further action is required by you. As you know, following the Board’s suspension of the payment of the dividend in July, no dividends are currently being paid and reinvested. If the optional cash investment feature under the Plan should resume, you will be notified in writing. It is important always to keep your mailing address current with Computershare. GM has determined to suspend the optional cash investment component of the Plan due to the fact that it continues to assess the potential consequences presented by the current and difficult challenges facing the automotive industry and the potential availability of liquidity from initiatives such as our operating and working capital measures as well as asset sales, capital market activities or other private financing, government funding programs or some combination of these initiatives. If you have any questions regarding this notice, or wish to request another copy of the Plan prospectus or update the address for your account, please contact Computershare by one of the following methods: Telephone: 800-331-9922 781-575-3990 (from outside United States, Canada or Puerto Rico) Internet: www.computershare.com/gm Mail: P.O. Box 43078, Providence, RI 02940-3078 REMINDER: DO NOT SEND ANY CHECKS TO COMPUTERSHARE FOR OPTIONAL CASH INVESTMENTS. YOUR FUNDS WILL NOT BE INVESTED AND WILL NOT EARN INTEREST. COMPUTERSHARE WILL RETURN ANY SUCH FUNDS WITHOUT INTEREST. General Motors Corporation 002CS17470