2009-06-30 17:04:03 -

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.

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www.fitchratings.com : .

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