Group 1 Automotive CEO & CFO to Present at Goldman, Sachs & Co. Global Retailing Conference

    HOUSTON, Sept. 4 Group 1 Automotive, Inc. , a
Fortune 500 company and a leading operator in the automotive retailing
industry, announced that B.B. Hollingsworth, Jr., the company's chairman,
president and chief executive officer, and Scott L. Thompson, senior vice
president, chief financial officer and treasurer, will make a presentation to
investors and financial analysts during the Goldman, Sachs & Co. Eighth Annual
Global Retailing Conference on Wednesday, September 5, 2001, at 1:20 p.m. EDT.
A live audio webcast, with a replay available through November 7, 2001, will
be accessible through Group 1's website at http://www.group1auto.com or
through https://www.gs.com/ir/conf with the Username: conference/conf6 and the
Password: retail.

    Group 1 has revenues of $3.8 billion, and owns 60 automotive dealerships
comprised of 102 franchises, 30 different brands, and 22 collision service
centers located in Texas, Oklahoma, Florida, New Mexico, Colorado, Georgia,
Louisiana and Massachusetts.  Through its dealerships and Internet sites, the
company sells new and used cars and light trucks, arranges related financing,
vehicle service and insurance contracts, provides maintenance and repair
services and sells replacement parts.
    Group 1 Automotive, Inc. can be reached on the Internet at
http://www.group1auto.com .

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