Chrysler LLC Chairman and CEO Bob Nardelli and Chrysler Foundation Recognized by Larry King Cardiac Foundation for Dedication to Improving Lives of Others

AUBURN HILLS, Mich., -- The Larry King Cardiac Foundation (LKCF) celebrated its 20th anniversary in grand style in Washington, D.C., Saturday May 3, 2008, with Larry and Shawn Southwick-King and more than 600 friends that included Grammy-Award Winner Seal; "Saturday Night Live" comic Darrell Hammond; and Vegas illusionist Nathan Burton all with a common goal ... to save a heart a day!

As part of the evening's activities, Chrysler LLC's Chairman and CEO, Bob Nardelli accepted the Gerald S. Snyder Heart Award from owner and Chairman of the Washington Redskins, Dan Snyder. It is given to those who demonstrate commitment, leadership and dedication to improving the lives and enriching the spirit of others. The award is named after Snyder's father who lost his battle with heart disease in 2003.

"I would like to say thank you to Dan for this recognition in your father's name. I am grateful and honored for this award. And, to Larry and Shawn, for all of the hard work that you do for so many that are less fortunate. I have been blessed in my life and I want you to know that this award means I will continue to strive to be even more worthy by continuing to give back," Nardelli said. "On behalf of the 70,000 Chrysler employees and the Chrysler Foundation, we say thank you for this great honor."

The Larry King Cardiac Foundation (LKCF) was established in 1988 to provide funding for life-saving treatment for individuals who, due to limited means or no insurance would otherwise be unable to receive the treatment and care they so desperately need. The Foundation works in conjunction with hospitals throughout the nation to ensure that such patients receive proper medical attention. Doctors performing these surgeries do so at no charge. Hospitals are compensated only for the materials used to repair hearts. LKCF is a non-profit organization funded from the proceeds of Mr. King's books, speaking engagements and from entertainment galas in New York, Washington, D.C., and Los Angeles.

The Chrysler Foundation is the primary source of grants made by Chrysler LLC. The Foundation annually supports hundreds of charitable organizations with an emphasis on community growth and enrichment, arts and culture, education, and youth development programs throughout the United States are increasingly, around the world. In 2007, The Chrysler Foundation's charitable donations were approximately $21 million.