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GMAC REDEEMS 7.80 PERCENT NOTES

 GMAC REDEEMS 7.80 PERCENT NOTES
 DETROIT, May 1 /PRNewswire/ -- General Motors Acceptance Corporation


announced today that it will exercise its option to redeem on June 1, 1992, all of its outstanding 7.80 percent Notes due to mature Oct. 1, 1993. The Notes will be redeemed at 100 percent of their principal amount plus accrued interest.
 The Notes were sold in October 1986 in the principal amount of $50 million, all of which are presently outstanding.
 The Notes may be presented and surrendered for payment to Morgan Guaranty Trust Company of New York, Corporate Trust Operations Department, Tellers and Mail Unit, 55 Exchange Place, Basement A, New York, NY 10260-0023. Interest on the Notes will cease to accrue on and after June 1, 1992.
 -0- 5/1/92
 /CONTACT: Chris Rutkowski of GMAC, 313-974-1223/
 (GM) CO: General Motors Acceptance Corporation ST: Michigan IN: FIN AUT SU:


ML -- DE033 -- 5569 05/01/92 15:35 EDT
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Publication:PR Newswire
Date:May 1, 1992
Words:156
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