Asbury Automotive Group Schedules Release of Second Quarter Financial Results and Conference Call

NEW YORK, June 24 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that it will release its second quarter financial results before the market opens on July 30, 2008. Charles R. Oglesby, President and CEO, and Craig T. Monaghan, Senior Vice President and CFO, will host a conference call later that day, at 10:00 a.m. Eastern Time.

The conference call will be simulcast live on the Internet and can be accessed by logging onto www.asburyauto.com or www.ccbn.com. A replay will be available at these sites for 14 days.

In addition, a live audio of the call will be accessible to the public by calling (888) 256-9152 (domestic), or (913) 981-5546 (international); no access code is necessary. Callers should dial in approximately 5-10 minutes before the call begins.

A conference call replay will be available two hours following the call for seven days, and can be accessed by calling (888) 203-1112 (domestic), or (719) 457-0820 (international); access code 8749744.

About Asbury Automotive Group

Asbury Automotive Group, Inc. ("Asbury"), headquartered in New York City, is one of the largest automobile retailers in the U.S. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 90 retail auto stores, encompassing 122 franchises for the sale and servicing of 36 different brands of American, European and Asian automobiles. Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.