Copart Expands in Florida

FAIRFIELD, Calif.--July 25, 2005--Copart, Inc. , the largest provider of vehicle salvage disposition services in the United States, today announced the opening of its eighth salvage facility in the state of Florida. Located in Tallahassee, the new yard is a 34-acre greenfield facility and will provide service between other Copart yards in Mobile, Ala. and Jacksonville, Fla.

"The new Tallahassee facility fills the tow zone between other yards while helping us build our footprint in the region," said Copart CEO Willis Johnson.

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles, principally to licensed dismantlers, rebuilders and used vehicle dealers, through Internet sales utilizing its proprietary VB2 technology. 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 115 facilities in the United States and Canada. It also provides services in other locations through its national network of independent salvage vehicle processors.