---

AmeriCredit Corp. Announces $900,000,000 Asset-Backed Securitization

14 October 1999

AmeriCredit Corp. Announces $900,000,000 Asset-Backed Securitization

    FORT WORTH, Texas--Oct. 13, 1999--AmeriCredit Corp. announced today the pricing of a $900 million offering of automobile receivables-backed securities through Credit Suisse First Boston, Banc of America Securities LLC, Chase Securities Inc., and Morgan Stanley Dean Witter.
    The securities will be issued via an owner trust, AmeriCredit Automobile Receivables Trust 1999-D, in three classes of Notes:

Note   Class Amount       Average Life       Price       Interest Rate
----   ------------       ------------       -----       -------------
A-1     450,000,000        0.75 years      99.999742          6.41%
A-2     192,000,000        2.00 years      99.997332          6.79%
A-3     258,000,000        3.23 years      99.986847          7.02%
       ------------
       $900,000,000
       ------------
       ------------

    The Notes will be rated AAA by Standard & Poor's and Aaa by Moody's. Principal and interest payments on the Notes are guaranteed by an insurance policy provided by Financial Security Assurance Inc.
    The transaction represents AmeriCredit Corp.'s nineteenth securitization of automobile receivables in which a total of over $7.7 billion of automobile receivables-backed securities have been issued.
    AmeriCredit is a national consumer finance company specializing in purchasing, securitizing and servicing automobile loans and originating and selling mortgage loans. AmeriCredit maintains a Web site at www.americredit.com that contains further information on the Company.