AIADA LAUNCHES TOWN HALL CONFERENCE SERIES

AIADA Dealer Dialogues to Connect International Automobile Dealers With National Opinion Leader - Steve Forbes Announced As Lead Speaker

ALEXANDRIA, VA (July 25, 2003) - The American International Automobile Dealers Association (AIADA) today announced the launch of its new Dealer Dialogue Series. A town hall-styled conference series, AIADA's Dealer Dialogues are designed to connect international-nameplate automobile dealers with the nation's leading public policy, political and opinion leaders.

Steve Forbes, President and Chief Executive Officer of Forbes, Inc. and Editor-in-Chief of Forbes magazine, will be the first speaker to participate in the conference call series on August 4 at 2:00 pm (EDT). The former two-time Presidential candidate is expected to address topics including the direction of national economy, the current tax and energy legislative issues in Congress and the global war on terrorism.

"A core component of AIADA's mission is to connect its members to the most influential people in Washington, the media and beyond," said AIADA President Marianne McInerney. "This exciting new program will provide our members with access to exclusive information on legislation, the economy and the latest developments in the industry."

The AIADA Dealer Dialogue Series is open to AIADA dealer members, free of charge, and will be hosted monthly. Series speakers will reflect the agenda and the most compelling issues within the nation and the industry.

About AIADA AIADA represents the 10,000 American automobile dealerships that sell and service international nameplate brands including Acura, Aston Martin, Audi, Bentley, BMW, Ferrari, Honda, Hyundai, Infiniti, Isuzu, Jaguar, Kia, Land Rover, Lexus, Maserati, Mazda, Mercedes, MINI, Mitsubishi, Nissan, Porsche, Rolls Royce, Saab, Subaru, Suzuki, Toyota, Volkswagen and Volvo. These retailers have a positive economic impact both nationally and in the local communities they serve, providing nearly 500,000 American jobs. Visit AIADA online at www.aiada.org.