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AutoNation To Present At Bear Stearns Conference

FORT LAUDERDALE, Fla., Feb. 20, 2004 -- AutoNation, Inc. , America's largest automotive retailer announced today that it will air a live audio web cast on Wednesday, February 25, 2004 of its upcoming investor presentation at the Bear Stearns Tenth Annual Retail, Restaurants & Apparel Conference in New York City.

AutoNation's Investor Relations Vice President, John M. Zimmerman, will be the featured presenter during the live audio web cast at approximately 11:15 a.m., Eastern Standard Time.

To listen to the live audio web cast via the Internet at www.autonation.com, click on the "About Us" link, then click on "Investors" and then "Web Casts."

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer. Ranked #93 on the Fortune 500, AutoNation employs approximately 28,000 people at 372 new vehicle franchises in 18 states. Additional information is available at http://corp.autonation/ or www.autonation.com where more than 100,000 vehicles available for sale.

Forward-Looking Statements

Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company undertakes no duty to update its forward- looking statements, including its earnings outlook.

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