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GRANT THORNTON LLP CHOOSES GMAC GLOBAL RELOCATION SERVICES TO HANDLE NEEDS OF TRANSFERRING EMPLOYEES IN U.S.

Oak Brook, IL (January 19, 2005) - GMAC Global Relocation Services, a leading provider of global relocation and assignment management services, today announced that it has been selected to provide a full range of domestic relocation services to Grant Thornton LLP.

Grant Thornton LLP is the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations. Grant Thornton LLP has 49 offices throughout the United States, and GMAC Global Relocation Services will provide a full menu of domestic relocation services to the company's transferring employees.

"All of us at GMAC Global Relocation Services are especially pleased that Grant Thornton LLP chose us, for a few key reasons," said Rick Schwartz, president and chief operating officer of GMAC Global Relocation Services. "First, they're a very well-respected company both domestically and internationally, and their decision reflects highly on the service and professionalism we will provide to their employees. And second, they wanted to interview and select a new provider - in just one week. Our team quickly rose to the occasion and demonstrated why GMAC Global Relocation Services is known as the industry's leading provider of customer service for relocating employees domestically or globally."

Schwartz said Grant Thornton LLP signed a contract with GMAC Global Relocation Services and the company will provide a range of services, including: expense administration, home-finding assistance, household goods shipping, temporary living and rental assistance, to name a few.

"The quick response, thoroughness and professionalism of the GMAC Global Relocation Services team made our decision easy," said Anne M. Lang, HR Director of Operations - US. "Our selection committee was extremely impressed by their understanding of our needs, level of experience and their ability to seamlessly begin working with our employees who were already in the relocation process."

About Grant Thornton LLP

Grant Thornton LLP is the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations. Through member firms in 110 countries, including 49 offices in the United States, the partners and employees of Grant Thornton member firms provide personalized attention and the highest quality service to public and private clients around the globe. Visit Grant Thornton LLP at www.GrantThornton.com.

About GMAC Global Relocation Services

GMAC Global Relocation Services, a subsidiary of GMAC Home Services, is a provider of global relocation and assignment management services. Headquartered in Oak Brook, Ill., GMAC Global Relocation Services provides customized services and maintains an extensive worldwide reach, with service centers and partner companies in more than 200 locations across 110 countries through its Global Relocation Partnership. More information on the company can be found at www.gmacglobalrelocation.com.