Paccar Financial Corp – ‘10-Q’ for 6/30/00 – EX-2

On:  Friday, 8/11/00, at 3:13pm ET   ·   For:  6/30/00   ·   Accession #:  912057-0-36593   ·   File #:  1-11677

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Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                      11     59K 
 2: EX-2        Plan of Acquisition, Reorganization, Arrangement,      1      9K 
                          Liquidation or Succession                              
 3: EX-12.1     Statement re: Computation of Ratios                    1      8K 
 4: EX-12.2     Statement re: Computation of Ratios                    1      8K 
 5: EX-12.3     Statement re: Computation of Ratios                    1      8K 
 6: EX-27.1     Financial Data Schedule (Pre-XBRL)                     2     12K 
15: EX-27.10    Financial Data Schedule (Pre-XBRL)                     2     12K 
16: EX-27.11    Financial Data Schedule (Pre-XBRL)                     2     12K 
 7: EX-27.2     Financial Data Schedule (Pre-XBRL)                     2     12K 
 8: EX-27.3     Financial Data Schedule (Pre-XBRL)                     2     11K 
 9: EX-27.4     Financial Data Schedule (Pre-XBRL)                     2     12K 
10: EX-27.5     Financial Data Schedule (Pre-XBRL)                     2     12K 
11: EX-27.6     Financial Data Schedule (Pre-XBRL)                     2     12K 
12: EX-27.7     Financial Data Schedule (Pre-XBRL)                     2     12K 
13: EX-27.8     Financial Data Schedule (Pre-XBRL)                     2     12K 
14: EX-27.9     Financial Data Schedule (Pre-XBRL)                     2     12K 

EX-2   —   Plan of Acquisition, Reorganization, Arrangement, Liquidation or Succession

EX-2
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                                                                   EXHIBIT 2

PLAN OF MERGER
OF
 PACCAR LEASING CORPORATION, A DELAWARE CORPORATION,
 AND
PACCAR FINANCIAL CORP., A WASHINGTON CORPORATION

 This Plan of Merger shall be effective as of May 1, 2000, by the Boards
of Directors of PACCAR Leasing Corporation, a Delaware corporation ("PLC"), and 
PACCAR Financial Corp., a Washington corporation ("PFC"), for the purpose of    
merging PLC with and into PFC.                                                  

   1.  MERGER. PLC and PFC are both wholly-owned subsidiaries of PACCAR Inc,
a Delaware corporation. PLC will be merged with and into PFC, and PFC will be   
the surviving corporation.                                                      

2.  MANNER AND BASIS OF CONVERTING SHARES AND TERMS AND CONDITIONS OF 
MERGER. As of the effective date of the merger, which is the date of which the  
Articles of Merger are filed with the Washington Secretary of State, (a) all of 
the outstanding shares of common stock of PLC shall be canceled; (b) the        
separate corporate existence of PLC shall cease; (c) all right, title, and      
interest of PLC in any real or personal property, both tangible and intangible, 
shall be vested with PFC without reversion or impairment; and (d) PFC shall have
all liabilities of PLC.                                                         

   3.  TAX FREE MERGER. For federal income tax purposes, the merger shall be
accounted for as a tax free merger pursuant to Sections 368(a)(1)(A) of the     
Internal Revenue Code of 1986, as amended, and the applicable regulations       
issued under such Code.                                                         

Dated ___________________, 2000.                                        

                         PACCAR Leasing Corporation,
                    a Delaware corporation

                   By: /s/ Mark C Pigott
                                   -------------------------------
                            M. C. Pigott, Chairman

                     PACCAR Financial Corp.,
                      a Washington corporation

                   By: /s/ Mark C Pigott
                                   -------------------------------
                            M. C. Pigott, Chairman

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing		Date		Other Filings
Filed on:		8/11/00
For Period End:		6/30/00
		5/1/00		424B3
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