Hometown Auto Retailers De-listed from Nasdaq National Market

    WATERTOWN, Conn.--Feb. 15, 2001--Hometown Auto Retailers Thursday announced that its common stock has been de-listed from the Nasdaq National Market for failure to meet quantitative listing criteria.
    The common stock is now traded on the Over the Counter Bulletin Board under the symbol OTC BB: HCAR.OB and can be looked up on the Internet at www.otcbb.com.

    About Hometown

    Hometown Auto Retailers sells new and used cars and light trucks, provides maintenance and repair services, sells replacement parts and provides related financing, insurance and service contracts through 10 dealerships located in Connecticut, Massachusetts, New York and Vermont.
    Hometown's dealerships offer 13 American and Asian automotive brands, including Chevrolet, Chrysler, Daewoo, Dodge, Ford, Isuzu, Jeep, Lincoln, Mazda, Mercury, Oldsmobile, Plymouth and Toyota. It is active in two "niche" segments of the automobile market: the sale of Lincoln Town Cars and limousines to livery car and livery fleet operators and the maintenance and repair of cars and trucks at a Ford and Lincoln Mercury factory authorized free-standing service center.