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Honda Breaks Ground for Mid-Atlantic Financial Services Facility

October 23, 2007

NEWARK, Del. — Honda Financial Services (HFS) recently marked the groundbreaking for its new 26,000-square-foot Mid-Atlantic regional offices that will support Honda's growing family of customers in Pennsylvania, Delaware and New Jersey. HFS will lease the space and serve as the anchor tenant at The Commons at Little Falls, a new office park to be constructed in Newark, Del.

"We look forward to the positive contributions our new home will make to the further growth and economic success of this area," said Jim Stevens, HFS regional manager. "Most importantly, we look forward to continuing our mission to serve our Honda and Acura customers in the Mid-Atlantic region with financial products and services of the highest quality and value."

HFS is pursuing the development of a sustainable interior design that will seek to reduce energy use and conserve natural resources. The company will seek to certify the facility's interior to the U.S. Green Building Council's Leadership in Energy Efficient Design (LEED) standards.

Newark is already home to HFS's current regional offices. The office's 130 associates will relocate to the new facility once it is completed in the fall of 2008. HFS's Mid-Atlantic office currently serves more than 350,000 Honda and Acura automobile customers with new-vehicle financing and lease programs, as well as many Honda and Acura automobile dealers in the region with financing of new-vehicle inventories.

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