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FinanciaLinx And Hyundai Auto Canada Team Up to Offer Leasing

14 June 1999

    TORONTO  - FinanciaLinx, a subsidiary of Newcourt Credit Group, and Hyundai 
Auto Canada today announced the formation of Hyundai Financial Services. 
Hyundai Financial Services is being established to provide Hyundai Auto  Canada's 
customers with competitive automotive lease finance options.

    FinanciaLinx provides automobile dealers across Canada with an e-commerce
product that offers a unique, made-in-Canada auto-leasing alternative for
consumers. FinanciaLinx is one of the first auto leasing companies in Canada
to use the Internet for credit approval and provide complete documentation in
minutes.

    ``As a new company, FinanciaLinx is pleased to be chosen by one of
Canada's leading automobile companies to provide all lease financing options
for their customers,'' said Barry McMillan, President and CEO, FinanciaLinx.
``This agreement is a reflection of the strong, innovative, Internet-based
on-line dealer solutions process developed by FinanciaLinx for the automobile
leasing market.''

    ``With the creation of Hyundai Financial Services, our customers will be
able to access a wide range of financing options and with the industry leading
internet-based system our dealers can now offer Hyundai customers the fastest
credit approval process for automobile financing in Canada. This without a
doubt gives us a leg up on the competition.'' said Steve Kelleher, Vice
President Sales, Marketing, Parts and Service Hyundai Auto Canada.

    Hyundai Auto Canada is a top tier vehicle manufacturer who is dedicated to
providing the best service and value to it's customers. Hyundai Auto Canada
distributes and sells the award winning Accent, Elantra sedan and wagon,
Sonata and Tiburon sports coupe through its 142 dealers across Canada.

    FinanciaLinx is a leading provider of internet-based automobile lease
financing in Canada. Funding for the FinanciaLinx lease product is equally
shared by Newcourt Credit Group and the Bank of Montreal. The Bank of Montreal
is also providing automobile loans to consumers through Hyundai dealers.