AmeriCredit Announces a $1.5 Billion Asset-Backed Securitization.

FORT WORTH, Texas -- AMERICREDIT CORP. (NYSE: ACF) announced today the pricing of a $1.5 billion offering of automobile receivables-backed securities through lead managers Lehman Brothers, Deutsche Bank Securities and JPMorgan. Co-managers are Barclays Capital, Credit Suisse and UBS Investment Bank. AmeriCredit uses net proceeds from securitization transactions to provide long-term financing of its receivables.

The securities will be issued via an owner trust, AmeriCredit Automobile Receivables Trust 2007-B-F, in five classes of Notes:

Note Class    Amount         Average Life      Price     Interest Rate
A-1       $ 275,000,000      0.22 years      100.00000         5.3196%
A-2       $ 435,000,000      1.00 years       99.99370           5.31%
A-3-A     $ 150,000,000      2.04 years       99.98095           5.16%
A-3-B     $ 190,000,000      2.04 years      100.00000   LIBOR + 0.02%
A-4       $ 450,000,000      3.31 years      100.00000   LIBOR + 0.05%
        $ 1,500,000,000

The weighted average coupon on the Notes to be paid by AmeriCredit is 5.2%.

The Note Classes are rated by Standard & Poor's, Moody's Investors Service and Fitch Inc. The ratings by Note Class are:

Note Class       Standard & Poor's      Moody's         Fitch
A-1                    A-1+             Prime-1          F1+
A-2                    AAA               Aaa             AAA
A-3-A                  AAA               Aaa             AAA
A-3-B                  AAA               Aaa             AAA
A-4                    AAA               Aaa             AAA

Financial Security Assurance Inc. will provide bond insurance for this transaction. Initial credit enhancement will total 9.0% of the original receivable pool balance building to the total required enhancement level of 13.0% of the then outstanding receivable pool balance. The initial 9.0% enhancement will consist of 2.0% cash and 7.0% overcollateralization.

Since 1994 AmeriCredit has issued approximately $49 billion of automobile receivables-backed securities.

Copies of the prospectus relating to this offering of receivables-backed securities may be obtained from the lead managers and co-managers. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described in this press release, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such State.

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 $14 billion in managed auto receivables. The Company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.