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Copart, Inc. Acknowledges Patent Infringement Claim

FAIRFIELD, Calif.--June 20, 2005--Copart, Inc. announced today that it has been named in a suit filed by Manheim Services Corp. (Manheim) in the United States District Court in the Northern District of Georgia alleging that Copart online auction services infringes on a certain patent claimed to be owned by Manheim.

The Company's preliminary assessment is that the complaint is without merit. The Company intends to vigorously defend its position.

About Copart:

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. The Company operates 113 facilities in the United States and Canada. It also provides services in other locations through its national network of independent salvage vehicle processors.