Ugly Duckling Announces Upcoming Financial Results for First Quarter 2001, Conference Call

    PHOENIX--April 18, 2001--Ugly Duckling Corporation, , announced today that members of the public are invited to the Company's live quarterly call on the Internet, on Wednesday, April 25, 2001 at 8:30 AM MST/11:30 EST. The one-hour conference call will feature Greg Sullivan, CEO, and Steven Darak, CFO in a discussion of financial results for the first quarter of 2001 and recent operating developments.
    Financial results will be released over the news wires before the market opens on Wednesday, April 25, 2001. The press release will also be posted on Ugly Duckling's corporate Web site at http://www.uglyduckling.com/. Investors wishing to hear the conference call may log onto the Web site and click on "Investor Information" (or go directly to http://www.uglyduckling.com/investor/index.asp) and then click on "1st quarter earnings call." The online re-broadcast will be available for 30 days.
    Headquartered in Phoenix, Arizona, Ugly Duckling Corporation is the largest operator of used car dealerships focused exclusively on the sub-prime market. The Company underwrites, finances and services sub-prime contracts generated at its 77 Ugly Duckling dealerships, located in 11 metropolitan areas in eight states.