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  1. Allison Transmission

  2. Business Activities • Design, manufacture and sale of commercial duty automatic transmissions and hybrid propulsion systems • On-highway - commercial trucks and buses • Off-highway - hauling and specialty vehicles • Military vehicles • Engineering Services • Sales of remanufactured transmissions (ReTran®) • Product support through worldwide distribution network • Replacement parts • Technical support 7-26-04 3

  3. 465 70 70 70 70 74 70 465 465 65 69 74 N . . . with headquarters located within Indianapolis . . . 30th Street Indianapolis Motor Speedway Eagle Creek Technology Center Electric Drives Tech Center 16th Street Meridian Street Main St. Main Headquarters 10th Street Grande Ave. Cossel Rd. Lynhurst Drive 38th Street 30th Street 16th Street Washington Street 10th Street Washington Street Downtown Indianapolis Airport Expressway Indpls. Int’l Airport Plant 15 Kentucky Ave. Adams Mark Hotel Plant 17 . . . within 15 minutes of an international airport. 7-26-04 4

  4. We’ve been around more than 85 years . . . 1915 - Allison Speedway Team Company founded 1917 - Incorporated as the Allison Experimental Company 1920 - Name changed to Allison Engineering Company 1929 - Purchased by General Motors 1934 - Transferred to status of Allison Division 1946 – First transmission (CD850) developed for military tanks 1970 - Detroit Diesel and Allison Divisions merged 1983 - Allison Gas Turbine Division created 1987 - Detroit Diesel sold 1988 - Allison Transmission Division created 1990 - 75th Anniversary Celebration 2003 – Combined with GM Powertrain 7-26-04 6

  5. President & C.E.O. G. Richard Wagoner GM Powertrain Thomas G. Stephens Group Vice President AllisonTransmission Lawrence E. Dewey President . . . and we are a unique business sector within General Motors. 7-26-04 7

  6. Some key numbers for Allison Transmission $1,440 Mil 184,674 3,853 11 250 4,000 1,374 Revenues (2003) . . . . . . . . . . . . . . . . . . Unit Sales (2003) . . . . . . . . . . . . . . . . . . . . Employees (12-31-03) . . . . . . . . . . . . . . . . . . Transmission Product Lines . . .. . . . . . . . . . . . . . OEMs Served . . . . . . . . . . . . . . . . . . . . . . . . . . Fleet Accounts Served . . . . . . . . . . . . . . . . . Distributor/Dealer Network . . . . . . . . . . . . . . . Allison Transmission Confidential 7-26-04 8

  7. We are a global company with sales into all regional markets. 2003 Sales ($) Allison Transmission Confidential 7-27-04 9

  8. . . . supported by an extensive distribution network. Latin Europe Asia U.S.CanadaMexicoAmericaM.E. & AfricaPacificTotal Distributors 23 5 1 12 20 11 72 Dist. Branches 124 25 4 3 14 22 192 Service Dealers 832 79 17 21 82 24 1,055 Direct Dealers 4 0 0 23 13 15 55 7-26-04 12

  9. Allison Transmission Confidential 2-12-03 20

  10. Typical Markets Served • Refuse • Services • Mining • Military • Construction • Recreation Vehicles • Line Haul • Buses • Short Haul • Fire & Emergency • Distribution • Oil Field Services 7-26-04 29

  11. To participate more fully in global markets, we are continuing to make additional investments in people and products. • Products being tailored to better serve the needs of customers • Continually improving our manufacturing system • Expanding relationships with key OEMs • Pursuing strategic alliances to capitalize better on opportunities • Improve relationship/collaborate with government, educational providers and our labor union 7-26-04 44