CCC Announces Sale of Claims Administration Services

    CHICAGO--June 7, 2001--CCC Information Services Inc., a leading supplier of advanced software and communications systems to the automotive claims industry, today announced that its subsidiary CCC Consumer Services, Inc., has agreed to sale terms with Atlanta-based Fleming & Hall Administrators for its Southeast operations. The sale includes Claims Administration services conducted out of the CCC Consumer Services Inc. Florida-based facility.
    "We are pleased that our claims outsourcing exit strategy, which was announced in the fourth quarter of last year, is proceeding smoothly and remains on target," stated Githesh Ramamurthy, Chairman and Chief Executive Officer of CCC Information Services Inc.
    "Fleming & Hall Administrators, Inc. is pleased to continue relationships with CCC Information Services Inc.'s clients in claims administration services and continue to focus on personal and commercial claims administration," said John Fleming, Vice President of Operations of Fleming & Hall Administrators.
    CCC Information Services Inc. announced in the first quarter of 2001 that it would begin exiting its U.S.-based claims outsourcing business in order to better focus on its core technology competencies. These actions also help confirm CCC's commitment to build upon a solid core business comprised of strong cash flows and customer relationships, improving margins and future growth prospects.