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AutoNation Announces Second Quarter Earnings Conference Call and Audio Webcast Scheduled for Thursday, July 24, 2003 at 10 a.m. Eastern Time

FORT LAUDERDALE, Fla., July 9 -- AutoNation, Inc. , America's largest retailer of both new and used vehicles, announced today that it will release its financial results for the second- quarter ended June 30, 2003 on Thursday, July 24, 2003 before 7:00 a.m. Eastern Time. Mike Jackson, chairman and chief executive officer; Michael E. Maroone, president and chief operating officer; and Craig T. Monaghan, chief financial officer, will discuss these results and the Company's outlook during a conference call and audio webcast that same morning at 10:00 a.m. Eastern Time.

To listen to the live conference call, dial (800) 288-8968 or listen to the audio webcast via the Internet at www.AutoNation.com by clicking on the "About Us" link, then clicking on "Investors" and then "Webcasts". A playback of the conference call will be available after 1:30 p.m. Eastern Time, through July 31, 2003 by calling (800) 475-6701 (access code #691101) or via the Internet as outlined above.

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest retailer of both new and used vehicles. Ranked No. 93 on the 2003 Fortune 500 and a component of the Standard and Poor's 500 Index, AutoNation employs approximately 28,500 people and owns and operates 373 new vehicle franchises in 17 states. For additional information, please visit http://corp.autonation.com/ or www.AutoNation.com, where more than 100,000 vehicles are available for sale.

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