CarMax Foundation Helps to Keep Young Drivers Safe

Donation to Safe Smart Women Advances Driving Safety Campaign in Maryland, Washington, D.C., and Virginia

RICHMOND, Va., June 7 -- CarMax, Inc. , the nation's leading specialty retailer of used vehicles and Safe Smart Women, Inc. (S2W) announced today that the CarMax Foundation has granted $100,000 to S2W, to advance S2W's driving safety campaign targeted to 16-to-26-year-old women in the Mid-Atlantic region.

"The grant from the CarMax Foundation will help S2W expand its efforts to bring young women drivers the vital information and training needed to keep them safe on our roads and highways," said S2W President Kristin Backstrom. "CarMax is a great friend to S2W and young women drivers everywhere."

In the past ten years, there have been significant changes in the driving population. NHTSA's recently released statistics show that fatal crash rates are at an all-time high and, for young women ages 15 to 20, the fatal crash rate has escalated by 42 percent since 1992.

"Nationally, young people represent less than 7% of the total driving population, but they are involved in nearly 15% of all fatal traffic crashes," points out Backstrom. "This represents an unacceptable norm that we are working aggressively to change. And, because of the generous contribution made by the CarMax Foundation, we can make a difference in young drivers' lives."

"Providing our customers with the best service has always been a company priority," says Joe Kunkel, president of the CarMax Foundation. "Sharing the message about safe driving strategies for young women drivers seems like a natural way for CarMax to support efforts that may reduce the number of accidents."

About Safe Smart Women

S2W is a Section 501(c)(3) nonprofit organization working to educate, empower and enable young women drivers with safety strategies to improve their behind-the-wheel performance and their safety. The campaign focuses on "hands on" skill building with cars and promotes safety messages through its interactive Web site, distributed materials, and free CarCare Clinics.

Visit http://www.s2w.org/ for dates and locations of upcoming CarCare Clinics.

About the CarMax Foundation

The CarMax Foundation's National Funding Program assists nonprofit organizations that either address and improve auto safety for families and children or build a competitive workforce through technical automotive training.

CarMax, a Fortune 500 company, is the nation's leading specialty retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 52 used car superstores in 25 markets. CarMax also operates 12 new car franchises, all of which are integrated or co-located with its used car superstores. During the twelve month period ended May 31, 2004, the company sold 228,407 used vehicles, which is 91 percent of the total 250,009 vehicles the company sold during that period. For more information, access the company's Web site at http://www.carmax.com/.

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