Asbury (91 Dealerships) Names Robert Frank Senior VP - Automotive Operations

    STAMFORD, Conn.--Feb. 12, 2002--Asbury Automotive Group, Inc., one of the nation's largest automotive retailers, today announced that Robert D. Frank, Jr. has joined the company as senior vice president in charge of automotive operations.
    Mr. Frank, 53, is a veteran with more than 30 years in the automotive industry, mostly with DaimlerChrysler Corporation.
    In the newly created position of senior vice president, automotive operations, Mr. Frank will have corporate level responsibility for operations at Asbury's 91 auto dealerships and nine regional "platforms" across the U.S.
    Kenneth B. Gilman, president and CEO of Asbury Automotive, said, "We are delighted to welcome Bob Frank as a key senior member of our corporate team. Through his broad and deep experience in the automotive industry - encompassing the vantage points of both manufacturer and retailer - Bob brings a very valuable operating perspective to our business."
    Most recently, Mr. Frank served as a DaimlerChrysler vice president for all of Chrysler in marketing and sales throughout the Asia/Pacific region. Previously, he was president & CEO in charge of DaimlerChrysler operations in Venezuela. Mr. Frank initially joined Chrysler in 1968 and advanced through a series of sales and sales management positions, culminating as vice president of marketing for the company's Canadian operations.
    Between 1993 and 1997, Mr. Frank was chief operating officer of Larry Miller Group, a privately held conglomerate based in Salt Lake City. With annual revenues approaching $1 billion, Larry Miller's business interests include auto dealerships (24 across the western U.S.) and a rental car franchise, as well as professional basketball (the Utah Jazz and Delta Center).
    Mr. Frank received a Bachelor of Arts degree in Economics from the University of Missouri in St. Louis, Missouri.

    About Asbury Automotive Group

    Asbury Automotive Group, Inc., headquartered in Stamford, Connecticut, currently operates 132 franchises at 91 dealership locations. It offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts. Asbury Automotive franchises include a diverse portfolio of 36 American, European and Asian brands.