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ECCO Capital Names Morton S. Robson New Director

7 August 1998

ECCO Capital Names Morton S. Robson New Director

   New York Law Partner Named to Board of Twin Cities Auto Leasing Company

    MINNEAPOLIS, Aug. 7 -- ECCO Capital Corporation
(OTC Bulletin Board: ECCP) announced today that Morton S. Robson has been
named to the Company's board of directors.
    Robson is a partner in the New York-based law firm of Robson and Miller,
where he specializes in corporate law and securities law.  Prior to
establishing his own firm, Robson served as a senior litigating partner of a
large New York law firm.  From 1953 to 1961, he served in the office of the
United States Attorney for the Southern District of New York, where he was an
assistant in the civil division, the chief of the civil division, chief
assistant U.S. Attorney and, finally, the U.S. Attorney.  The office of the
Southern District of New York is the largest office in the United States,
responsible for all civil litigation involving the United States and all
Federal criminal prosecutions for counties in the district, which include
Manhattan and Albany.
    Cullen Grandlund, Chief Executive Officer of ECCO Capital, commented, "The
addition of Mr. Robson to our board is an exciting event.  His experience and
expertise strengthens the board and enhances the Company during this time of
significant growth and opportunity."
    In 1997 Metro Fleet Sales and Leasing Inc. of St. Louis Park, Minn. merged
into ECCO Capital Corporation, a dormant public shell.  Metro Fleet Sales and
Leasing has been engaged since 1993 in the business of offering and operating
a unique leasing program featuring reliable used cars which are leased at
attractive low monthly rates.