News from Kenworth: "MoneyMaker" Lease Program for Medium Duty Trucks

NEWS RELEASE

FOR IMMEDIATE RELEASE

CONTACT:    
Jeff Parietti, (425) 828-5196  jparietti@paccar.com

Kenworth Introduces "MoneyMaker" Lease Program for Medium Duty Trucks

KIRKLAND, Wash., April 23, 2001 - Kenworth Truck Company and PACCAR
Financial have introduced  the "MoneyMaker" Lease Program for medium duty
customers.    

Under the MoneyMaker program, customers can benefit from below market lease
payments combined with the low maintenance costs and high reliability of
Kenworth medium duty products.

This fair market value lease program covers new Kenworth Class 6 and 7
trucks and tractors -- including the T300 conventional and K300 cabover
models -- equipped with dry van, reefer, stake or flat bed bodies. Specialty
bodies will be quoted on an as-requested basis. The Kenworth T300 was
recognized as the industry's top-rated medium duty conventional for customer
satisfaction in 2000.

Lease terms up to 72 months are available. Orders must meet minimum
horsepower requirements.

The "MoneyMaker" fair market value lease program also provides a fixed
purchase option for customers wanting to know what the truck will cost at
lease maturity.

PACCAR Financial also offers customers the opportunity to finance any
combination of preventive maintenance, extended warranty, physical damage
and credit life insurances, which can be added into the lease contract. The
result is one simple monthly payment to cover all of a customer's needs.

In addition, PACCAR Financial offers a special discount on the Kenworth
PremierCare® preventive maintenance program when it is financed in a PACCAR
Financial loan or lease contract. This offers customers the opportunity to
reduce the preventive maintenance contract cost by 7% to 12%.

The "MoneyMaker" Lease Program expires September 30, 2001. Certain
conditions apply. This offer is subject to credit approval and dealer
availability. Contact your Kenworth dealer for more details.



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