U.S. Bank Selected as Indenture Trustee for Isuzu's First Publicly Issued Motor Vehicle Asset-backed Note Financing

    MINNEAPOLIS, May 22 U.S. Bank today announced that Isuzu
Motors Acceptance Corporation ("IMAC") has selected the bank as indenture
trustee for their first publicly issued motor vehicle asset-backed note
financing.  In its role as indenture trustee for the $440,897,000 Isuzu Auto
Owner Trust 2001-1, Asset Backed Notes, U.S. Bank will be responsible for
compliance oversight, noteholder communication and processing of interest and
principal payments.
    IMAC is the wholly owned finance subsidiary of Isuzu Motors America, Inc.
("ISZA"), which is a subsidiary of Isuzu Motors Limited ("Isuzu").  Isuzu is a
widely held Japanese company that manufactures and sells trucks, passenger
vehicles and diesel engines.
    Diane Thormodsgard, president of U.S. Bank Corporate Trust Services, said,
"We are pleased to be selected as indenture trustee for this prestigious
appointment.  We believe we are positioned to deliver the high-quality
services that this financing demands."
    U.S. Bank is one of the leading providers of corporate trust services in
the United States.  The bank administers a diverse portfolio of more than
95,000 bond issues representing more than $750 billion in outstanding
securities.
    Minneapolis-based U.S. Bancorp , with $160 billion in assets,
is the eighth largest financial service holding company in the United States.
The company operates 2,242 banking offices and 5,208 ATMs, and provides a
comprehensive line of banking, brokerage, insurance, investment, mortgage,
trust and payment services products to consumers, businesses and institutions.
U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.
    This announcement is not an offer to sell or a solicitation of an offer to
buy any securities.  The offering is made only by means of the prospectus.

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