AmeriCredit Board Chairman Purchases Shares

FORT WORTH, Texas, Aug. 28, 2007 -- AMERICREDIT CORP. announced today it has filed a Form 4 with the U.S. Securities and Exchange Commission that indicates Clifton H. Morris, Jr., chairman of the board of directors, has purchased 168,000 shares of the company's stock. The shares were purchased yesterday at a cost-per-share of $16.95 and a total cost of $2.85 million. Morris now has direct and indirect ownership of 1,502,210 shares of AmeriCredit common stock.

About AmeriCredit

AmeriCredit Corp. is a leading independent automobile finance company that provides financing solutions indirectly through auto dealers and directly to consumers in the United States and Canada. AmeriCredit has over one million customers and approximately $16 billion in managed auto receivables. The Company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit http://www.americredit.com/.