Group 1 Automotive to Present at Morgan Stanley Global Automotive Conference

    HOUSTON--April 8, 2003--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, announced that executive management will make a presentation at the Morgan Stanley Global Automotive Conference being held in New York City on Tuesday, April 15, 2003 at 7:45 a.m. Eastern Daylight Time. The presentation will cover Group 1's 2002 financial results and an overview of Company strategies.
    A live audio webcast, with a replay available through Oct. 15, 2003, will be accessible through Group 1's website at www.group1auto.com. Access is also available through www.streetevents.com.

    About Group 1 Automotive, Inc.

    Group 1 owns 73 automotive dealerships comprised of 114 franchises, 29 different brands, and 25 collision service centers located in California, Colorado, Florida, Georgia, Louisiana, Massachusetts, New Mexico, Oklahoma and Texas. 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 can be reached on the Internet at www.group1auto.com