DETROIT — Consumers in Detroit and Atlanta will have an
opportunity to boost their money smarts this month with the return of Money
Smart Week. Ally Financial is hosting 14 financial literacy sessions in Detroit
and four sessions in Atlanta to support the Federal Reserve Bank of Chicago's
Money Smart Week, which runs through Sunday.

Designed to help consumers better manage their personal
finances, Money Smart Week is a public awareness campaign to promote financial
literacy across all age groups. Sessions by Ally will feature the company's
free financial literacy program, Ally Wallet Wise.

"Ally's Wallet Wise curriculum is a natural fit for Money
Smart Week 2013," said Gina Proia, Ally chief communications officer and head
of community relations.

"Since the launch of our Wallet Wise program in 2011, more
than 27,000 people have attended our free financial literacy sessions and we
look forward to reaching even more consumers in the Detroit and Atlanta areas
during Money Smart Week this year," Proia continued.

Ally Wallet Wise is a free financial education program that
offers community-based, in person sessions, as well as online courses through
www.allywalletwise.com.

Topics covered include budget, credit, banking and investing
and automotive finance. The Wallet Wise sessions are part of more than 130 free
personal finance events happening during Money Smart Week.

Additional Wallet Wise event details can be found at
www.moneysmartweek.org or www.allywalletwise.com.

Ally Financial Declares Dividends on Preferred Stock

In other company news, the Ally Financial board of directors
recently declared quarterly dividend payments for certain outstanding preferred
stock.  Each of these dividends are
payable on May 15.

A quarterly dividend payment was declared on Ally's Fixed
Rate Cumulative Mandatorily Convertible Preferred Stock, Series F-2, of
approximately $134 million, or $1.125 per share, and is payable to the U.S.
Department of the Treasury. 

A quarterly dividend payment was also declared on Ally's
Fixed Rate Cumulative Perpetual Preferred Stock, Series G, of approximately $45
million, or $17.50 per share, and is payable to shareholders of record as of
May 1.

Additionally, a
dividend payment was declared on Ally's Fixed Rate/Floating Rate Perpetual
Preferred Stock, Series A, of approximately $22 million, or $0.53 per share,
and is payable to shareholders of record as of May 1.

Including the aforementioned dividend payments on the Series
F-2 Preferred Stock, Ally said it will have paid a total of approximately $6
billion to the U.S. Treasury since February 2009. This amount includes
preferred stock dividends, interest payments and proceeds received by the U.S.
Treasury in its sale of Ally trust preferred securities.

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