UnitedAuto Announces Quarterly Dividend

BLOOMFIELD HILLS, Mich.--Jan. 2, 20048, 2004--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.10 per share payable on March 1, 2004 to shareholders of record on February 9, 2004.

UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 138 franchises in the United States and 83 franchises internationally, primarily in the United Kingdom. UnitedAuto dealerships sell new and used vehicles, and market a complete line of after-market automotive products and services.