Group 1 Automotive to Present at Goldman Sachs Global Retailing Conference

HOUSTON--Aug. 2, 20037, 2003--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, announced that executive management will make a presentation at the Goldman Sachs Global Retailing Conference being held in New York City on Wednesday, Sept. 3, 2003 at 8:55 a.m. Eastern Daylight Time. The presentation will cover Group 1's financial results and an overview of company strategies.

A live audio webcast, with a replay available for 30 days, will be accessible through Group 1's website at www.group1auto.com.

About Group 1 Automotive, Inc.

Group 1 currently owns 71 automotive dealerships comprised of 112 franchises, 29 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