PacLease Announces New PacTracTM Solution for Improved Fleet Performance

BELLEVUE, Wash., July, 25, 2006 - PACCAR Leasing Company (PacLease) today announced the immediate availability of PacTrac, an innovative telematics system which reduces customer operating costs, improves productivity and enhances service in private fleet logistics.

"PacLease is one of the leading commercial truck leasing companies in North America and our customers increasingly demand real-time information to efficiently run their businesses," said Bob Southern, PacLease president. "PacTrac cost-effectively delivers logistics information to the desktops of fleet managers through a user friendly interface."

The PacTrac telematics solution utilizes GPS technology, a reliable network of over 100 wireless carriers, and an Internet connection to deliver real-time data from customers' vehicles. Modular hardware includes the PacTrac onboard computer, keyboard and handset to deliver several key benefits:

- Real-time GPS vehicle position reports help maximize supply chain efficiency to meet changing customer demands.

- Management reports monitor driver and vehicle efficiency using important performance metrics.

- Paperless data collection cuts administrative time by automating driver hours of service logs and automatically populating tax, payroll and compliance reports.

- Data and voice communication provides a direct link between drivers, dispatchers and customers.

- Exception-based arrival and departure reporting tightens security and provides automated notification when trucks move within allowable geographic boundaries.

PacTrac was developed for PACCAR Leasing by PeopleNet of Chaska, Minnesota. Ron Konezny, Chief Operating Officer at PeopleNet stated, "Our alliance with PacLease brings tremendous value to the market. PacTrac features will enhance PacLease customer service and provide fleet managers with an effective way to reduce operating costs and improve the safety of their fleet. The packages are designed to make it easy to choose and implement the right solution for a diverse customer base."

For more information on PacTrac visit www.pactrac.com.

About PacLease and PACCAR

PACCAR Leasing Company (PacLease) is one of the fastest-growing commercial truck leasing companies in the transportation industry. PacLease has 250 independent and company-owned full-service leasing locations throughout the United States, Canada and Mexico. PacLease's locations provide customized full service lease, rental and contract maintenance programs designed to meet the specific needs of customers. A combination of reliable, custom-built trucks and complete service offerings allows customers to maximize the value of their transportation resources. For more information about PacLease, visit www.paclease.com.

PACCAR Leasing is a part of the financial services group of PACCAR Inc, a $14 billion global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR, and its homepage can be found at www.paccar.com.
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For more information, contact: Brian McLaughlin, (888) 346-3486 ext. 211 bmclaughlin@peoplenetonline.com