Asbury Automotive Accelerates Planning and Performance Reporting With Hyperion

SUNNYVALE, Calif., July 27 -- Asbury Automotive Group , the fourth largest automotive retailer in the United States, is implementing Hyperion Business Performance Management solutions to support its dynamic growth and decentralized management structure. Asbury Automotive has chosen Hyperion Financial Management to enhance operational performance by improving the accuracy and timeliness of its financial reporting and analysis of how individual dealerships and regional divisions are performing relative to one another, to manufacturers' requirements and to operational goals. The company expects that ad hoc reports, which once required two weeks to pull together, should take about a day with Hyperion Financial Management.

Asbury Automotive has also chosen Hyperion Planning to streamline its companywide budgeting process, formerly executed with Excel spreadsheets, which are widely used for budgeting but can be problematic. The company chose Hyperion Planning for its sophisticated features that go beyond basic budgeting, to help support dynamic planning across the enterprise.

Profits for Asbury Automotive are among the best in its industry. The company has grown organically, as well as through acquisition, and it has achieved success through an innovative management structure that gives its strong local and regional managers the flexibility to continue running day-to-day operations, yet with all the support and economies of scale of a larger corporate infrastructure. Asbury's strategy is to maintain local control over operations because local people understand their local markets better.

"Hyperion will support our business model by drawing information from among our local dealer management systems and providing more consistent and accurate reports for corporate and regional management," said Jill Sentivany, director of financial systems for Asbury Automotive. "Where we have been spending a significant amount of time just trying to pull information together, we plan on being able to spend more time analyzing and understanding the business. We chose Hyperion software because we clearly saw that it would take us quickly from Point A to Point B."

About Hyperion

Hyperion is the global leader in Business Performance Management software. More than 9,000 customers -- including 91 of the Fortune 100 -- rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading Business Intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the company's innovative and specialized solutions and services.

Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,500 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $622 million for the 12 months that ended June 30, 2004. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www. hyperion.com, www.hyperion.com/contactus or call 800-286-8000 (U.S. only).

Safe Harbor Statement

Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on August 13, 2003 and the Report on Form 10-Q filed on May 10, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.

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