



| As you may remember, I donated my performance bonuses from years past to charity, giving half to various community organizations and half to fund the William Clay Ford, Jr., Scholarship Program, providing tuition assistance for children of Ford employees. I am pleased to report that the program is sufficiently funded to continue this year. It offers $1,500 scholarships to children of U.S. Ford employees. Students must be classified undergraduate sophomores for the 2010 fall term. Details about the program are provided online at www.hronline.ford.com under Policies and Programs and on @Ford Online www.at.ford.com/B2B/Pages/HourlyEmployeeLandingPage.aspx. I encourage all of you who can take advantage of the 2010 William Clay Ford, Jr. Scholarship Program to submit an application. I am encouraged that the scholarships have had such a positive impact. Thanks to all of you who took the time to write me personally to describe the assistance the scholarship program had on your family's tuition expenses. Together we are building a better world. William Ford Clay |