Copart Opens Facility in Helena, Montana

FAIRFIELD, Calif.--Jan. 2, 20046, 2004--Copart, Inc. today announced that it has opened a new salvage facility in Helena, Montana. With the addition of this 22-acre location Copart now has 105 locations in the United States and Canada.

"We added the Helena facility in response to numerous requests from our national accounts to open in this market," said Willis J. Johnson, Copart's Chief Executive Officer.

Since August 2003, Copart has added three locations in Eugene, Oregon; Toronto, Canada and Helena, Montana.

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed vehicle dismantlers, rebuilders, repair licensees and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. The Company operates 105 facilities in North America. It also provides services in other locations through its national network of independent salvage vehicle processors.