The Cobalt Group Sets First Quarter Financial Results Announcement Date and Time

    SEATTLE--April 3, 2001--The Cobalt Group , a leading provider of e-business products and services to the automotive industry, today announced that it will release financial results for its first quarter 2001 after the close of regular market trading on Tuesday, April 24, 2001.
    The Cobalt Group will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 24, 2001 to discuss these results. The call will feature remarks by President and Chief Executive Officer, John Holt, and Executive Vice President and Chief Financial Officer, David Snyder. A live webcast of the call may be found in the Investor Relations section of the Company's website, www.cobaltgroup.com. A replay will also be available following the conclusion of the call.

    ABOUT THE COBALT GROUP

    The Cobalt Group(TM) , headquartered in Seattle, is a leading provider of e-business products and services that help automotive dealers and manufacturers effectively manage their businesses online. Cobalt's suite of e-business solutions includes Web services, Web site hosting, e-commerce applications, Internet-based customer relationship management applications, data management, and best practices training and consulting.
    Nearly half of the nation's auto dealers use Cobalt's technology, including nearly 8.500 Web services clients, and approximately 9,300 PartsVoice(R) (www.partsvoice.com) clients. Cobalt's e-business products and services are endorsed by 14 automotive manufacturers and more than 50 of the 100 largest dealer groups in the United States. Cobalt is the only e-business provider endorsed by the National Automobile Dealers Association.

    Cobalt operates MotorPlace.com(TM) (www.MotorPlace.com), an on-line business management and industry information resource for auto dealers. At MotorPlace.com, dealers utilize Cobalt tools to manage their Web sites, buy wholesale used vehicles through MotorPlace Auto Exchange, locate and market OEM parts, purchase leads through Pick-or-Pass, and access industry information, news, events, and stock quotes. Cobalt also operates DealerNet(R) (www.dealernet.com), one of the most widely visited consumer automotive information portals on the Web. IntegraLink Corporation, a Cobalt company, is the auto industry's premier provider of automotive data collection and reporting services.

    Cobalt has offices in Seattle, Wash.; Portland, Ore.; Detroit, Mich.; Columbus, Ohio; and Austin, Texas. For more information, please visit www.cobaltgroup.com or call 1-800-909-8244.