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CarMax to Announce Growth in California

             Painted L.A. Personality Cars Unveiled at Event

  WHAT   CarMax, Inc., the nation's leading specialty retailer of used cars,
         will announce its growth in the Los Angeles area and the state of
         California on Friday, April 1, at noon.

         The retailer will make the announcement during a grand opening
         celebration event at its new Irvine store. CarMax now has five
         stores in the Los Angeles area, with the recent opening of two new
         stores, in Irvine and Ontario.

         To celebrate CarMax's growth in California, the retailer
         commissioned five emerging Southern California-based artists to
         paint five different styles of cars that reflect well-known L.A.
         personalities.  All five painted personality cars will be on
         display at the grand opening event.

         CarMax was created more than 11 years ago when the company surveyed
         thousands of consumers to find out what they liked and disliked
         about car shopping.  CarMax was designed according to the survey
         responses, which included:  Make car buying hassle-free, sell all
         makes and models on one lot and stand behind every car we sell.

         The grand opening event will include:
         *  A grand opening lunch featuring remarks from local dignitaries
            and an announcement by CarMax President and CEO Austin Ligon
         *  The official unveiling of the five painted personality cars, a
            new trend for L.A.; Fine art has been taken off the gallery
            walls and turned into rolling works of art

  WHEN   Friday, April 1 at noon

  WHO    -CarMax President and CEO Austin Ligon
         -L.A. based artists who painted five personality cars -- plus the
          cars they created

  WHERE  CarMax at Irvine
         9501 Research Drive
         Irvine, CA 92618

NOTE: CarMax President and CEO Austin Ligon available for interviews before and after the event.

(Logo: http://www.newscom.com/cgi-bin/prnh/20011214/CARMAXLOGO )

PRNewswire -- March 31

Photo: http://www.newscom.com/cgi-bin/prnh/20011214/CARMAXLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com