S&P Asgns AmeriCredit Automobile Rec Tr 2003-B-X Rtgs

NEW YORK--June 4, 2003--Standard & Poor's--Standard & Poor's Ratings Services assigned its ratings to AmeriCredit Automobile Receivables Trust 2003-B-X's $825 million automobile receivable-backed notes series 2003-B-X (see list).
The ratings are based on the insurance policy provided by XL Capital Assurance Inc. (XLCA; 'AAA' insurer financial strength rating). Under this policy, XLCA unconditionally and irrevocably guarantees payment of scheduled principal and interest. While XLCA is also insuring the class A-1 notes, Standard & Poor's rating on these notes reflects internal credit support and conservative cash flow projections and is not based on the policy.


RATINGS ASSIGNED
AmeriCredit Automobile Receivables Trust 2003-B-X

Class                 Rating       Amount (mil. $)
A-1                   A-1+                   147.0
A-2-A                 AAA                    201.0
A-2-B                 AAA                    115.0
A-3                   AAA                    119.0
A-4-A                 AAA                    143.0
A-4-B                 AAA                    100.0