Filed by Toks Inc. Pursuant to Rule 425
                                            under the Securities Act of 1933 and
                                            deemed filed pursuant to Rule 14a-12
                                            under the Securities Exchange Act of
                                                                            1934

                                     Subject Company: GENERAL MOTORS CORPORATION
                                     Commission File No. 001-00143

                                     Date: October 8, 2001


Toks  Announces  Proposal to Combine With  General  Motors  Corporation,  Hughes
Electronics  Corporation,  General  Electric  Company,  AT&T  Corporation,  AT&T
Wireless Services,  Inc., AOL Time Warner and Marriott International for a rough
estimate  of over $2  Trillion  or more in stock.  Including  assumption  of all
outstanding debts. There will be amendment of full value that will be calculated
by professional  accountants.  This is just an initial proposal. This is not the
whole  picture of. At the same time Toks Inc. will stick to its original plan to
issue its Class A Common Stock in heavy premium to the  shareholders of targeted
entities.

Combination  Would  Establish  Only Toks Inc. as the "Parent" of General  Motors
Corporation,  Hughes  Electronics  Corporation,  General Electric Company,  AT&T
Corporation,  AT&T  Wireless  Services,  Inc.,  AOL Tiime  Warner  and  Marriott
International,  Inc. as "Wholly" owned  subsidiaries.  This will compliment each
subsidiary under one "roof."

Synergies  Could Create Up To Additional  over $300 Billion in annual  revenues,
even after  liquidation  of assets or spinoffs  recommended  by  regulators  and
initiated  by  the  Company.  Also  a  business  plan  will  include  aggressive
expansions of Toks Inc. into other industry  sectors and its  subsidiaries.  The
potential to make Toks Inc. the largest U.S public entity. Or the largest public
entity in the world.  Expansion will cover all corners of the globe. Our Company
listing will cover different  exchanges around the globe to gain access to their
capital markets. This will include developing countries as well.

LOS  ANGELES,  CA.--October  8,  2001--Toks  Inc.  (PROPOSED  NYSE:  TOKS) today
announced that it has made a proposal to General Motors  Corporation (NYSE: GM),
Hughes Electronics Corporation (NYSE: GMH), General Electric Company (NYSE: GE),
AT&T Corporation ( NYSE: T), AT&T Wireless Services, Inc. ( NYSE: AWE), AOL Time
Warner (NYSE: AOL) and Marriott  International,  Inc. (NYSE: MAR) in a tax-free,
all  stock-transaction.  The holders of General Motors Corporation Common Stock,
Hughes Electronics  Corporation  Tracking Stock, General Electric Company Common
Stock, AT&T Corporation Common Stock, AT&T Wireless Services, Inc. Common Stock,
AOL Time Warner Common Stock and Marriott International, Inc. Common Stock would
receive  Toks  Class A Common  Stock  after the  United  States  Securities  and
Exchange  Commission (the  "Commission")  has declared the Company's  registered
securities "effective" for sale to the public. The registration of the Company's
offering  prospectus and related  documents have  previously been filed with the
Securities  and Exchange  Commission  by Toks Inc. You may obtain a free copy of
the  document/prospectus  filed by Toks  Inc.  at the  Commission's  Web site at
http://www.sec.gov.  Toks Inc.  has  requested in writing to the  Commission  to
declare the Company's registered  securities  "effective" for sale to the public
within 30 days in order to issue such  securities  to conduct  acquisitions  and
capital raising activities.


A Toks/General  Motors  Corporation,  Hughes  Electronics  Corporation,  General
Electric  Company,  AT&T  Corporation,  AT&T Wireless  Services,  Inc., AOL Time
Warner Inc. and Marriott International combinations would:

     -    Provide superior  opportunities for the shareholders of General Motors
          Corporation, Hughes Electronics Corporation, General Electric Company,
          AT&T Corporation,  AT&T Wireless  Services,  Inc., AOL Time Warner and
          Marriott  International to maximize the value of their  investments in
          these entities.

     -    Provide  opportunities  for  others to own  assets  that will be sold,
          instead of high and concentrated ownership.

     -    Provide opportunity to reduce debts significantly through new currency
          issues of "equity" and "debt" instruments of "parent" company.

          o    Each  subsidiary  will be able to  compliment  each other through
               creative  integration.  Warner  Brother  Studios  will be able to
               complement NBC Networks;  Marriott  International will be able to
               complement  General  Motors  Corporation  by  using  products  as
               incentives  to  attract  potential  customers  vice-versa;   AT&T
               Wireless  will  be able to take  advantage  of  Warner  Brothers'
               entertainment  and  media  contents;  so  is  AT&T  Corporation's
               broadband and cable systems. Endless ideas and room for employees
               to work in creative  environment  that can complement each other,
               even  though if such  employees  are  spread  all over the World.
               General Electric Company's appliance products will complement the
               real  estate  division  of  Toks.  Toks  will  build  low  income
               apartments in neglected and suburbs.  This will allow  discounted
               products  that can be  included  through  GE's  products,  AT&T's
               broadband products and services, etc.

Highlights of Tok's proposal include:

Toks Inc. filed  registration  for its initial  public  offering with the United
States Securities and Exchange Commission (the "Commission") on August 31, 2001.
There was a glitch and the second  amendment was filed with the same document on
September  7, 2001.  The  September  7, 2001  document is the one the Company is
recommending  for  the  shareholders  of  General  Motors  Corporation  and  its
subsidiaries,  Hughes Electronic Corporation, General Electric, AOL Time Warner,
AT&T Corporation,  AT&T Wireless  Services,  Inc. and Marriott  International to
review.  The Company  registered  only 20 Class A Common Shares at $5,000.00 per
share,  with the  opportunity  in the future for  shareholders  to vote on stock
split of 10-1 or 20-1, or just retain the share price at whatever it's trading.

Toks Inc.  received a preliminary  issued response from United States Securities
and Exchange  Commission (the  "Commission")  on October 4, 2001 and the Company
responded on October 4, 2001 as well, and requested its registered securities be
declared  "effective"  within 30 days.  The  Company  decided to file its tender
offer due to the long process of this magnitude of this  particular  transaction
to acquire these entities to become "wholly" owned  subsidiaries of Toks Inc. as
a "parent"  company.  The  securities  will be issued after the  securities  are
declared  "effective" for sale to the public. The founder is buying all 20 Class
A  Common  Shares  registered  at  $5,000.00  per  share  after  the  registered
securities  are declared  "effective"  for sale to the public.  The Company will
also hire a legal firm with no ties with these  entities  in order to  eliminate
any potential  conflicts of interest.  This legal firm will be available to work
with the United States  Securities and Exchange  Commission  (the  "Commission")
regarding  the  process  to get the  Company's  registered  securities  declared
"effective"  for  sale  to  the  public  in  order  to  issue  them  out  to the
shareholders that tendered their shares. The same legal firm will also guide the
Company through all legal issues to close the acquisitions in the future. Again,
the Company  will stick to the request of within 30 days to make our  securities
"effective."  The  Company  has every  right to use its  securities  to  conduct
capital raising activities and acquisitions of entities be it private or public.

While the process to get the securities  declared  "effective"  is ongoing,  the
Company will also get the opportunity to close the $10 billion loan syndication,
and at the same time  interested  shareholders  of General  Motors  Corporation,
Hughes Electronics Corporation, General Electric Company, AT&T Corporation, AT&T
Wireless,  AOL Time Warner and Marriott  International can start tendering their
shares  through  their  Transfer  Agents,  while  Toks Inc.  will be  working to
determine the overall  shares  tendered and be prepared to issue its own Class A
Common Stock through the Transfer Agents of the targeted entities.

Toks Inc.  cannot  determine the total dollar amount in stock to be issued.  The
amendment will determine that  calculation as in rough estimate.  On Toks Inc.'s
side,  the Class A Common  Stock will not be able to trade until after all stock
acquisition  close.  This means the Company's share price of $5,000.00 per share
will  remain the same  until  after the  securities  are  declared  "effective,"
closing  of the  acquisition  transaction.  The  targeted  entities'  stock will
continue to change according to typical market volatility.

The Blue Sky law will only be applied to the Company only in California,  at the
same time the legal firm will advice the Company if Blue Sky law in other states
will apply to issuing our Company's securities to the shareholders that tendered
their shares.

Toks Inc. will not engage in any  solicitation of proxies from the  shareholders
of General Motors Corporation, Hughes Electronics Corporation,  General Electric
Company,  AT&T Corporation,  AT&T Wireless Services,  Inc., AOL Time Warner Inc.
and Marriott  International.  The Company is paying a little over  $4,000.00 per
share in stock,  even though  shareholders  are  required to tender  shares.  An
estimate  calculation will result in a little over $4,000.00 per share in stock.
The only vote the Company requires from a potential shareholder is to tender his
or her shares through the Transfer Agent.  That's the real vote.  There's a fine
line between "ambition" and "desperation." Toks Inc. is an "ambition" entity not
a "desperate"  entity.  Meaning the Company  doesn't have to fight to convince a
shareholder to tender his or her shares. The Company will take its securities to
others if those we first seek rejected our offer.  The Company is not interested
in wasting  resources to seek proxy votes.  The resources can be better spent to
issue securities to those that want them.

Every investment carries certain degree of risks, the Company's securities carry
such risks as well. At the same time, not enough to seek proxies. Give and Take.
The Company is paying huge premium here.

President  Bush declared  America to move on. Toks Inc.  wants to set an example
that great things can still be accomplished.  Marriott International World Trade
Center was destroyed,  but Toks Inc. did not take Marriott  International out of
its  proposal.  No one knows  about such deal.  The  Company  could  scratch out
Marriott  International off the list.  Instead the Company feels that that's not
enough. Bad things happen. PASSION keeps people going, not HATE.



 GENERAL MOTORS CORPORATION AND ITS SUBSIDIARIES, HUGHES ELECTRONICS CORPORATION
 -------------------------------------------------------------------------------


Toks  Inc.  will  issue 1 Class A  Common  Share  for  every 12  General  Motors
Corporation Common Shares tendered.

Toks Inc.  will issue 1 Class A Common  Shares  for every 42 Hughes  Electronics
Corporation Common Shares tendered.

Toks Inc. will only liquidate  outside  equity stakes that will carry  conflicts
from our own operations.

Toks Inc. will not sell Hughes Electronics Corporation and DirecTV Inc.

Toks  Inc.   will  also  consider   future  tender  offers  to  either   acquire
DaimlerChrysler  AG for its Mercedes Benz  division and liquidate  Chrysler auto
division; or contact the BMW Family with the right offer; or Toyota.



                            GENERAL ELECTRIC COMPANY
                            ------------------------


Toks  Inc.  will  issue 1 Class A Common  Share for  every 15  General  Electric
Company Common Shares tendered.

Toks Inc. will liquidate what regulators  recommended;  also MSNBC Cable Channel
and CNBC Cable  Channel  will be  liquidated;  Stake in PAX Network will be sold
(and no  buyer,  Toks  will  either  force PAX to buy back the stake or take PAX
public  and  liquidate  all its stake;  outside  equity  stakes  that will carry
conflicts from our own operations.

Toks Inc.  will  liquidate  GE Capital  because the company  doesn't  want to be
compete with banks and other  financial  institutions.  The medical and aircraft
divisions will be sold.

Toks Inc.  will not sell NBC  television  network  and its  television  stations
because both Warner Brother Studio and NBC will compliment each other.



                                AT&T CORPORATION
                                ----------------


Toks Inc. will issue 1 Class A Common Share for every 30 AT&T Corporation Common
Shares tendered.

Toks Inc. will liquidate what regulators  recommend;  outside equity stakes that
will carry conflicts from our own operations.

Toks Inc. will not sell Broadband operations, Long Distance operations as well.


                                 AOL TIME WARNER
                                 ---------------


Toks Inc.  will issue 1 Class A Common Share for every 16 AOL Time Warner Common
Shares tendered.

Toks Inc. will liquidate what regulators recommend.

Toks Inc. will liquidate all AOL Time Warner Cable Systems.

Toks Inc. will sell all Cable  Channels.  By either  selling the original  Cable
Channels Mr. Ted Turner  founded  back to Mr. Ted Turner,  with a deal that will
either call for Ted Turner to  relinquish  part of all the Class A Common Shares
of Toks Inc.  he received in the tender  offers,  or borrow  money from banks by
pledging the very Class A Common Shares of Toks Inc. he received from the tender
offer.  Or to group of  investors  if Mr. Ted Turner  declined  to buy the cable
channels.

Toks Inc. will also sell HBO Cable Channels to group of investors.

Toks Inc.  will sell AOL  division  to any  entity or group of  investors  as in
buyout firms.

Toks Inc. will also liquidate  outside  equity stakes that will carry  conflicts
from our own operations.

Toks Inc.  will also sell the WB Network  television.  If no buyer,  the company
will shut the Network down or spin it off or finance group of minority investors
that haven't had the chance to own a network  television.  And if sold,  the new
buyer must change the name.

Toks Inc.  will  retain the sports  franchise  as in  baseball  and  basketball.
Because Mr. Ted Turner did not invent  both  sports.  He acquired  just like any
entrepreneurs. Also the publishing divisions will be retained

Toks Inc. will not sell Warner Brothers Studio, entertainment and media contents
as in library,  and the recorded  music  operations.  Toks Inc.  will use Warner
Brothers and the  entertainment and media contents to compliment NBC Network and
television stations; and DirecTV.

Toks  Inc.  will also fill the void of all the  cable  channels  liquidation  by
expanding  AT&T cable  systems  into  developing  countries  in Africa and Latin
America to launch  Cable  Systems  with Cable  Channels.  This will be very vast
ventures as part of the company's  expansion.  The company's  goal is to sign up
over 200 million subscribers from this expansion of cable systems/cable channels
operations in developing countries.


                          AT&T WIRELESS SERVICES, INC.
                          ----------------------------


Toks Inc. will issue 1 Class A Common Share for every 36 AT&T Wireless Services,
Inc. Common Shares tendered.

Toks Inc. will liquidate what regulators  recommend;  outside equity stakes that
will carry conflicts from our own operations.

Toks Inc.  will also reserve the potential or  possibility  to file an all stock
tender  offer to acquire NTT DoCoMo Inc. due to their large equity stake in AT&T
Wireless  Services,  Inc., a $9 billion  investment.  This notion to acquire NTT
DoCoMo Inc. is eminent on Toks Inc.'s agenda.


                             MARRIOT TINTERNATIONAL
                             ----------------------

Toks Inc. will issue 1 Class A Common Share for every 16 Marriott  International
Shares Common Shares tendered.

Toks Inc.  will not  liquidate  any  assets,  except  the ones  regulators  will
recommend if any.


                              ADDITIONAL OFFERINGS
                              --------------------

Toks Inc.  will allow  shareholders  of targeted  companies  with less shares to
purchase  additional shares at the price of the company's shares when trading at
announcement to make up for the numbers of shares required to be tendered.  This
will only apply to a  shareholder  with less  shares to receive 1 share of Toks.
Shareholders  with leftover  shares will only be allowed to convert those shares
to Class B Common  shares when such issue  occurs.  A note of the Stock Split of
10-1 or 20-1 vote by  shareholders  will  still  allow  shareholders  to get the
opportunity  to  vote  in  the  future.  For  example  if  an  AT&T  Corporation
shareholder  has 22 AT&T common  shares,  such  shareholder  will not be able to
tender his or her  shares.  So,  the  shareholder  will have to  purchase 8 AT&T
Common  shares at the price the stock was  trading at the  announcement.  Or the
shareholder  can just mail the check to Toks Inc.  in the  future in order to be
issued 1 Toks Inc.'s Class A common share. It is very important that Toks Inc.'s
Class A common share is priced at  $5,000.00  per share.  And as a  shareholder,
even  holding one share will allow you to gain access to future  incentives  the
company will introduce to its shareholders be it one share in your possession or
one million shares in your possession. A shareholder is a shareholder.

                                    EXPANSION
                                    ---------


Toks Inc.  will  expand  its  operations  into  hotel and  casino,  real  estate
acquisitions and developing as in commercial and multiunit residential apartment
complex  (in  both  United  States--affluent  and  neglected  neighborhoods  and
developing  countries),  movie  exhibition  (mostly  in foreign  and  developing
countries),  oil & energy  operation (if regulators allow the company to acquire
one as in tender offer in stock or cash) and theme parks  (mostly in foreign and
developing countries).

Due to the  founder's  status as a British  Subject by birth,  the company  will
explore ownership criteria in England as in Great Britain to launch a television
network, cable systems and channels and other ventures.


                                   INCENTIVES
                                   ----------

Toks Inc. will consult with  securities  attorneys and United States  Securities
and Exchange Commission (the "Commission")  about issuing convertible  preferred
shares convertible into Class B Common shares before the initial public offering
of Class B common shares. If allowed, the company will conduct such offering.

Toks Inc.  will  also  conduct  future  rights  offerings  of Class A & B common
shares.

Toks Inc. will also create "Tracking Stock" for certain divisions.



                                   STOCK SPLIT
                                   -----------

Toks Inc. will propose a stock split of the  company's  Class A common shares of
10-1 or 20-1 for a vote by shareholders in the future,  if the shareholders want
such stock split. Or to give  shareholders  better  liquidity  options as in the
stock price. Or the shareholders may just retain the current share price as it's
trading.


                            EQUITY INVESTMENTS FREEZE
                            -------------------------

Toks Inc. will freeze all equity  investments into other entities for the next 5
years to evaluate  the  reduction  of heavy  debts,  restructuring,  expansions,
potential dividends payment, stock buyback program, etc.


                               MANAGEMENT TEAM(S)
                               ------------------

Toks Inc.  cannot  guarantee  retainer of most of the executives of the acquired
entities of  management  teams.  Some  executives  will be retained,  while some
executives will be let go. This is inevitable.


                               BOARD OF DIRECTORS
                               ------------------

Toks Inc.  will consult with the board of directors of acquired  entities to see
how they can be  retained.  Also  this is not  guaranteed.  Toks  Inc.  may just
request top managers of each wholly owned  subsidiary to take over the functions
of the board of directors.  The company will consult with  consultants and board
of directors of acquired entities for this particular sensitive issue.



                                LOAN SYNDICATION
                                ----------------

Toks  Inc.  made  initial  contact  to Mr.  Rod Banks of Bank of  America,  Head
Commercial  Lending  to arrange a  short-term  $10  billion in loan  syndication
through 50 or more banks  after the filing of tender  offers  Schedule  14A Rule
14-12 becomes  public  record.  His secretary  referred me to Don's office,  and
followed  by a call from Kevin  Trieber.  Which was  followed  by  e-mail,  with
"attachment"  about the $10 billion  loan  syndication  structure  to both Kevin
Trieber and James Deane that the company will send them an e-mail as soon as the
tender offers filing is dessimated and become a public  record.  The $10 billion
loan syndication  will serve as working capital,  start production and financing
of 100 feature  films with  budget  ranging  from $10  million to $100  million,
conduct real estate properties, hire management team and employees, retain legal
firms,  lease an office  building  and cover all  expenditures  associated  with
tender  offer  filings.  The $10  billion  short-term  loan will be paid back by
issuing new notes as in high yield to pay off the loan.

This cover letter wasn't sent, except a one-page cover letter sent via facsimile
transmission  to the General  Motors  Corporation  chairman and chief  executive
officer  notifying  him that the cover  letter  attached is the full text of the
August 8, 2001 letter From Ade Ogunjobi, chairman and chief executive officer of
Toks, to General Motors Corporation's Board of Directors:

Board of Directors
General Motors Corporation
300 Renaissance Center
Detriot, MI 48265
Attention: John Smith, Jr.., Chairman

Dear Members of the Board:

Toks Inc. filed its registration for its initial public offering for one purpose
to conduct acquisitions of publicly traded entities in stock regardless of size.
The Company  received a written  response  from  United  States  Securities  and
Exchange  Commission  (the  "Commission")  on  October  4,  2001  via  facsimile
transmission.  The  Company  responded  the  same  day  with  a  request  to the
Commission to declare the Company's registered securities  "effective" within 30
days.

Toks Inc.  has  decided  to make the  announcement  to  acquire  General  Motors
Corporation and Hughes  Electronics  Corporation while waiting for the Company's
securities  declared  "effective."  The Company has no reason why our securities
should  not be  approved  regardless  of our  status  in terms of lack of sales,
products,  revenues and  operating  history.  Companies are not required to have
sales, revenues or operating history before they can file registration for their
initial public offering.

We are  approaching  this  acquisition in an all stock  tax-free  transaction by
giving the  shareholders the opportunity to evaluate our proposal to acquire the
entities.  The shareholders  paid to buy their shares and they have the power to
determine if they want to tender their shares or not. Not the board of directors
or the management team should  determine who can buy publicly  traded  entities.
Only  shareholders  are allowed to tender their shares.  Also in our document we
used to file the  registration  with the Commission,  the Company states that we
will take our  securities  to other  potential  shareholders  of other  publicly
traded  entities if the  shareholders  of General Motors  Corporation and Hughes
Electronics  Corporation  rejected  our bid.  This is the reason why the Company
believes that we have every right to register our securities, and it has nothing
to do with any particular public entity. No one should take it personal.  At the
same time General Motors  Corporation and Hughes  Electronics  Corporation  just
happen to be part of the targeted entities.

We will comply with regulators'  recommendation  in terms of assets to sell. And
we will also  initiate  assets we want to sell if we become the legal  owners of
both  General  Motors  Corporation  and Hughes  Electronics  Corporation  in the
future.

Thank you.

Sincerely,

 /s/  Ade O. Ogunjobi
---------------------
      Ade O. Ogunjobi
      Chairman and Chief Executive Officer


Legal Advisors

Toks Inc. has not retained any legal firm yet. The Company will entertain offers
from legal firms that can display non  conflict of interest or  associated  with
the targeted entities Toks Inc. proposed to acquire in an all stock tax free.

About Toks Inc.

The Company was founded and incorporated February 12, 1996 to sorely produce and
finance entertainment and media contents as in feature films, recorded music and
television/cable  projects.  The unsuccessful five-year marathon capital raising
activities  turned the founder to become so determined that he became  extremely
creative to make Toks Inc.  into  something.  That  attitude  resulted  into the
founder to prepare a prospectus,  file  registration for initial public offering
with SEC, for one purpose: to conduct acquisitions.  That statement was outlined
in the prospectus  from the very first page of the document.  This is the reason
why Toks Inc. filed registration to conduct acquisitions in stock. Period.

Caution Concerning Forward-Looking Statements

This press release contains  "forward-looking  statements" within the meaning of
the  Private  Securities  Litigation  Reform Act of 1995.  Such  forward-looking
statements involve known and unknown risks, uncertainties and other factors that
could  cause our  actual  results to be  materially  different  from  historical
results or from any future results expressed or implied by such  forward-looking
statements. The factors that could cause actual results of Toks Inc. ("Toks") or
a combined  Toks and  General  Motors  Corporation  ("GM"),  Hughes  Electronics
Corporation  ("Hughes"),  General  Electric  Company  ("GE"),  AT&T  Corporation
("AT&T"), AT&T Wireless Services, Inc. ("AT&T Wireless"),  AOL Time Warner, Inc.
("AOL  Time  Warner")  and  Marriott   International   ("Marriott")   to  differ
materially,  many of which are beyond the control of Toks  include,  but are not
limited to, the following:  (1) the  businesses of Toks and "Targeted  Entities"
may not be integrated  successfully  or such  integration may be more difficult,
time-consuming or costly than expected; (2) expected benefits and synergies from
the  combination  may not be realized  within the expected time frame or at all;
(3) revenues following the transaction may be lower than expected; (4) operating
costs,  customer loss and business  disruption  including,  without  limitation,
difficulties in maintaining relationships with employees,  customers, clients or
suppliers,  may  be  greater  than  expected  following  the  transaction;   (5)
generating the incremental growth in the subscriber base of the combined company
may be more costly or difficult  than  expected;  (6) the  regulatory  approvals
required for the transaction may not be obtained on the terms expected or on the
anticipated schedule; (7) the effects of legislative and regulatory changes; (8)
an  inability  by Toks to  obtain  certain  retransmission  consents;  (9) Toks'
inability to retain necessary  authorizations  from the FCC; (10) an increase in
competition  from  cable as a result  of  digital  cable  or  otherwise,  direct
broadcast  satellite,  other satellite system operators,  and other providers of
subscription  television services; (11) the introduction of new technologies and
competitors into the subscription  television  business;  (12) changes in labor,
programming,  equipment and capital costs; (13) future  acquisitions,  strategic
partnership and divestitures; (14) general business and economic conditions; and
(15) other risks described from time to time in Toks' periodic reports that will
be filed with the Securities and Exchange Commission.  You are urged to consider
statements  that include the words "may," "will,"  "would,"  "could,"  "should,"
"believes,"    "estimates,"   "projects,"   "potential,"   "expects,"   "plans,"
"anticipates,"  "intends,"  "continues"  or the negative of those words or other
comparable words to be uncertain and forward-looking.  This cautionary statement
applies to all forward-looking statements in this press release.

Financial Analyst Meeting, Teleconference, and Webcast:

Toks at present will not host an in-person  financial analyst meeting on Monday,
October 8, 2001 at anytime to discuss its proposal.  The meeting will be held in
the  future  with a complete  and full  advance  notice  through  another  press
release.  Such meetings will encourage investors,  and others that are unable to
attend the meeting to  participate  by dialing a  toll-free  number that will be
provided for such  occasion.  Also numbers for  international  will be provided.
Instructions  will be  provided  in terms of such  calls.  And a replay  will be
provided also.


A live  Internet  broadcast of the meeting will also be available  that same day
with information on Toks Inc.'s web site by clicking on an available audio link.
The meeting will also be archived on the company's web site for replay  purposes
for two working days after the live  broadcast.  Real  Network's  Real Player or
Microsoft  Media  Player  will be required  to access the  Webcast.  They can be
downloaded from www.real.com or www.microsoft.com on that day.

Press Teleconference Information:

Toks may not be able to host a press teleconference  Monday,  October 8, 2001 at
anytime to discuss its proposal. But the founder will encourage people dial this
telephone  number  1-323-732-0960.  This will be a voicemail  massage  center to
leave a message  number or return  number.  The founder  will return such calls.
Patience must be exercised, because the founder is the only one that will return
these calls until the team the founder is gathering  become  available to handle
these calls live.

Other Information:

Toks will continue to update additional information like analysts, media person,
etc will be  provided  in the future  needed for anyone to use or see  regarding
this proposal.


INFORMATION REGARDING PARTICIPANT(S)

Toks and the following  person(s) may be deemed to be "participant(s)" on behalf
of Toks in the  solicitation  of proxies from the  shareholders  of GM, GMH, GE,
AT&T,  AT&T  Wireless,  AOL  Time  Warner  and  Marriott.  If such  proxies  are
determined to be necessary due to the Company's initial lack of interest to seek
such solicitation of proxies from  shareholders.  The Company will not guarantee
such solicitation of proxies will be implemented if deemed necessary.  This is a
matter of principle.  The Company will rather seek other potential  entities and
their shareholders that will be amenable to the Company's  business  combination
proposal of all stock tax free acquisition.

Ade O. Ogunjobi            Chairman and Chief Executive Officer


As of October 8, 2001 Toks owned no shares of General Motors  Corporation Common
Stock, shares of Hughes Electronic Corporation Tracking Stock, shares of General
Electric Company Common Stock,  shares of AT&T Corporation Common Stock,  shares
of AT&T Wireless Services,  Inc. Common Stock,  shares of AOL Time Warner,  Inc.
Common Stock, and shares of Marriott International Common Stock.

Other than as set forth herein,  as of the date hereof,  neither Toks nor any of
the other participant(s)  listed above has any substantial  interest,  direct or
indirect,  by security  holdings or otherwise,  in General  Motors  Corporation,
Hughes Electronics Corporation, General Electric Company, AT&T Corporation, AT&T
Wireless Services, Inc., AOL Time Warner Inc. and Marriott International.

Subject to future  developments,  Toks may file with the Securities and Exchange
Commission  a  registration  statement at a date or dates  subsequent  hereto to
register the Toks shares after declared "effective" to be issued in the proposed
transaction.

Investors  and  security  holders are urged to read the  registration  statement
(when and if available) and any other relevant  documents filed with the SEC, as
well as any  amendments or  supplements  to those  documents,  because they will
contain important information.  Investors and security holders may obtain a free
copy of the  registration  statement  (when and if available) and other relevant
documents  at the  SEC's  Internet  web site at  www.sec.gov.  The  registration
statement  (when and if  available)  and other  relevant  documents  may also be
obtained  free of charge from Toks in the future by  directing  such request to:
Toks Inc., 4234 Montclair Street # 103, Los Angeles,  California  90018.  Please
note that this is a temporary  location.  When address  changes,  the Commission
will be notified and others will be notified as well through  press  release and
other means of communications.