Fitch to Rate Honda Auto Receivables 2009-3 Owner Trust; Presale Issued

NEW YORK--(Business Wire)--
Fitch Ratings expects to assign the following ratings to Honda Auto Receivables
2009-3 Owner Trust:

--$401,165,000 class A-1 'F1+';

--$332,000,000 class A-2 'AAA'; Outlook Stable;

--$594,000,000 class A-3 'AAA'; Outlook Stable;

--$172,835,000 class A-4 'AAA'; Outlook Stable.

The presale report is available to all investors on Fitch's web site at
www.fitchratings.com. For more information about Fitch's comprehensive
subscription service FitchResearch, which includes all presale reports,
surveillance, and credit reports on more than 20 asset classes, contact product
sales at +1-212-908-0800 or at webmaster@fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on
the agency's public site, www.fitchratings.com. Published ratings, criteria and
methodologies are available from this site, at all times. Fitch's code of
conduct, confidentiality, conflicts of interest, affiliate firewall, compliance
and other relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Benjamin Tano, +1-212-908-0871
Hylton Heard, +1-212-908-0214
John H. Bella, Jr., +1-212-908-0243 (New York)
Media Relations:
Sandro Scenga, +1-212-908-0278 (New York)
sandro.scenga@fitchratings.com.

Copyright Business Wire 2009