DALLAS — July 22, 2010 — Hunton & Williams LLP acted as counsel for Texas-based independent auto-finance company AmeriCredit Corp. (NYSE:ACF) in connection with AmeriCredit's entering into a definitive merger agreement providing for its sale to General Motors Co. for $3.5 billion. AmeriCredit is a leading independent automobile finance company that provides financing solutions indirectly through auto dealers across the United States.

"This is a cornerstone transaction for AmeriCredit, joining with GM to help meet customer demand for leasing and non-prime financing for GM vehicles" said L. Steven Leshin, who led the Hunton & Williams team.

In addition to Leshin, the Hunton & Williams team included mergers and acquisition partners Gregory J. Schmitt and Douglas M. Berman and associates Lindsay H. Ferguson and Steven M. Haas; partner Jeffry M. Blair for tax-related issues; partner L. Scott Austin for employee benefits concerns; and Alan J. Marcuis for labor law matters.

Under the terms of the agreement, AmeriCredit shareholders will receive $24.50 in cash for each share of stock held as of the transaction closing date. Headquartered in Fort Worth, Texas, AmeriCredit Corp. provides financing solutions indirectly through auto dealers across the United States. AmeriCredit has approximately 3,000 employees in the United States and Canada, 800,000 customers and $9 billion in auto receivables.