FOR IMMEDIATE RELEASE Contact:          Hugh Siler                                                 Brett J. Weinberg Siler & Company Public Relations      or       GMAC ResCap (949) 646-6966                                         (952) 857-6859 hugh@silerpr.com                                      brett.weinberg@gmacrescap.com

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GMAC GLOBAL RELOCATION SERVICES TO HOST WEBINAR ON DOING BUSINESS IN INDIA

June 17 Presentation Will Address Important Nuances of India’s Society and Culture

Oak Brook, Ill. (June 11, 2008) – GMAC Global Relocation Services (http://www.GMACGlobalRelocation.com) will offer a complimentary “Webinar” presentation exploring aspects of doing business and living in India. Titled “Traveling to and Working in India,” the Webinar takes place Tuesday, June 17 at 11 a.m. Eastern time.

“India’s culture is oftentimes complex, contradictory and contextual and this Webinar is an essential primer for anyone who hopes to successfully do business there,” said Scott Sullivan, senior vice president of GMAC Global Relocation Services.

The one-hour Webinar will examine the cultural attributes of India and Indians in the workplace, and will discuss the challenges expatriates face when assimilating to life in India beyond its major cities. This session has been designed to provide practical cultural information to meet the business needs of companies and individuals.

The Webinar will help companies and assignees better understand India’s unique dynamics, including the following issues and topics:

• Introduce common stereotypes and perceptions Indian nationals have of expatriates.
• Discuss the regional differences in basic business and social protocol "do’s and taboos."
• Discuss Indian psycho-cultural differences such as character traits, core country values, behaviors, attitudes and ways of viewing the world.
• Explore the system of hierarchy prevalent in Indian culture and how it relates to status, how it’s reflected with non-Indians, and strategies for bridging the hierarchy.
• Provide a framework for comparing and contrasting Indian culture with other cultures along 10 research-validated dimensions that will enable participants to identify and resolve challenges in their own communications.
• Suggest communication strategies for bridging cultural differences between personal, national and the target cultures.

Participation in the Webinar is free and limited to the first 100 registrants. To register, go to: http://gmacglobalrelocation.com/insight_support/cc2008_india_reg.asp

About GMAC Global Relocation Services
GMAC Global Relocation Services (http://www.gmacglobalrelocation.com) is a leading, full-service outsourcing partner of end-to-end employee relocation, assignment management and mobility consulting services for multinational organizations worldwide. The company serves corporations in 110 countries and manages more than $1 billion in relocation-related transactions. The company is a business unit of GMAC ResCap (Residential Capital, LLC), a leading real estate finance company focused primarily on the residential real estate market in the United States and selected international markets.

About GMAC ResCap
GMAC ResCap (http://www.gmacrescap.com) is an indirect wholly owned subsidiary of GMAC Financial Services. GMAC Financial Services is a global, diversified financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. GMAC was established in 1919 and employs approximately 26,700 people worldwide. For more information, go to www.gmacfs.com.

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