ADVISORY/CarsDirect.com to Host Conference Call and Internet Audio Broadcast to Discuss Major Announcement

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    CarsDirect.com, a leading direct online automotive provider, will host a conference call and simultaneous Internet audio broadcast to discuss a major announcement that will change the contours of the online car buying landscape, on Wednesday, Jan. 31, 2001, at 11:30 a.m. PT / 12:30 p.m. CT / 1:30 p.m. MT / 2:30 p.m. ET. ¶ Bob Brisco, chief executive officer, will host the teleconference and webcast, which will originate from CarsDirect.com headquarters in Los Angeles.

    HOW TO PARTICIPATE:

    Advance registration is not required.

    -- Please call 800/251-3051

    Calls should be placed approximately 10 minutes before the start of the teleconference. Please confirm with the operator that you wish to participate in the CarsDirect.com conference call with Bob Brisco. The call cannot be accessed without this information.

    WEBCAST INFORMATION:

    Interested parties will have the opportunity to listen to the teleconference over the Internet through Investor Broadcast Networks' Vcall website, located at http://www.vcall.com. To listen to the live call, go to the website at least 15 minutes early to download and install any necessary audio software.

    REPLAY/TRANSCRIPT INFORMATION:

    For those who cannot listen to the live broadcast, a replay will be available via telephone one hour after the call. To access the recorded conference, call 800/633-8284 and enter reservation number 17745854. A rebroadcast of the conference call also will be available on the Vcall.com website (www.vcall.com) beginning one hour after the completion of the live broadcast and for the following 60 days. Transcripts of the call will be available 24 hours after the call.

    About CarsDirect.com

    Los Angeles-based CarsDirect.com is the leading multi-brand online car buying service, providing new automobiles and related products and services, such as loan and lease financing and in-demand aftermarket products including extended warranties. As the pioneer of the direct online car buying model, CarsDirect.com offers upfront pricing to consumers, who can research, price, order, purchase and finance a vehicle online via an intuitive Web site that offers product information for nearly every make, model and style of new automobile available in the United States today. Shoppers can also simultaneously compare the specifications of competing vehicles. The company sources vehicles through a priority dealer network of more than 2,500 automotive dealer franchises nationwide.
    CarsDirect.com has received top awards and honors from Forbes Magazine, PC Computing, PC World, Time Digital, Yahoo! Internet Life magazine and Internet quality measurement firm Gomez.