ADESA, Inc. Announces Organizational Realignment, Management Changes

CARMEL, Ind., May 12, 2006 -- ADESA, Inc. , North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing, announced today an organizational realignment and management changes intended to better position the company to serve its diverse customer bases, accommodate anticipated growth and realize operational efficiencies across all business lines. The changes are effective June 1, 2006.

Cam Hitchcock, currently serving as ADESA's Executive Vice President and Chief Financial Officer, will be appointed as President, ADESA Dealer Services Group. Dealer Services is the umbrella group that was formed to include the Automotive Finance Corporation (AFC) finance business as well as other businesses and ventures the company may enter into, focusing on providing the company's dealer customers with value-added ancillary services and products. Hitchcock will report to A. R. Sales, President and Chief Operating Officer of ADESA, Inc., and will retain the Chief Financial Officer position and responsibilities until such time as the company has identified a successor.

Brad Todd, currently serving as ADESA's Executive Vice President, President of AFC and COO of ADESA Corp., LLC (U.S. wholesale auctions), will be appointed as President, ADESA Auction Services Group. Auction Services encompasses all wholesale and salvage auctions throughout North America (U.S. and Canada). Todd will continue to report to A. R. Sales, President and Chief Operating Officer of ADESA, Inc.

"We believe that this organizational realignment will accelerate our efforts to enhance customer satisfaction and operating efficiency by more effectively capitalizing on customer data, operational best practices and asset utilization across business lines," said Sales. "Our Chairman and CEO, Dave Gartzke, our board and I look to our senior leaders to play key roles in driving this realignment and executing on the company's customer, human capital and shareholder-focused initiatives."

Headquartered in Carmel, Indiana, ADESA, Inc. is North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing. The company's operations span North America with 54 ADESA used vehicle auction sites, 37 Impact salvage vehicle auction sites and 85 AFC loan production offices. For further information on ADESA, Inc., visit the company's Web site at http://www.adesainc.com/ .