World Omni/CenterOne Presents National Auction Awards

DEERFIELD BEACH, Fla.--June 20, 2006--World Omni Financial Corp. (World Omni) and its division, CenterOne Financial Services LLC (CenterOne), recently presented the Region One World Class Auction of the Year, Region Two World Class Auction of the Year, and World Class Internet Auction of the Year awards to Manheim Auto Auction, ADESA Charlotte, and ABC South Tampa, respectively.

The World Class Auction of the Year award is presented annually and rewards physical auctions based on several factors which include: volume of vehicles sold, Black Book performance, percentage of vehicles certified per sale, percentage of vehicles posted to the Internet, efficiency and accuracy of transportation and condition reports, as well as overall operational performance, sales and marketing, and customer service.

The World Class Internet Auction of the Year award is also presented annually to the top performing physical auction, based on the following criteria: volume of Internet sales, Black Book performance, percentage of vehicles certified, percentage of vehicles posted to the Internet, and daily efficiency and operational success related to Internet initiatives.

The awards, which are presented annually to World Omni/CenterOne auction partners, were given to representatives of this year's winning auctions by Jay Hinchman, assistant vice president of remarketing for World Omni and Grayson Mumma, auction remarketing manager, at the annual Conference of Automotive Remarketing in Las Vegas, Nev.

"At World Omni/CenterOne, we are pleased to identify ourselves with Manheim Auto Auction, ADESA Charlotte and ABC South Tampa, three of the most hard-working and dedicated auctions in the country," said Hinchman. "These auctions have done an exceptional job servicing our account. We are happy to present them with these awards which demonstrate their diligence, professionalism and dedication to our business."

About World Omni Financial Corp.

World Omni Financial Corp. (World Omni) (http://www.worldomni.com) is a diversified financial services company headquartered in Deerfield Beach, Fla. It provides a broad range of financial products and services to consumers, dealers, and lenders. World Omni has maintained its Standard & Poor's STRONG auto servicer rating as a consumer finance, automobile loan and lease servicer since 2004. World Omni is a subsidiary of JM Family Enterprises, Inc. (JMFE) (http://www.jmfamily.com), a $9.4 billion diversified automotive company headquartered in Deerfield Beach, Fla. JMFE is ranked by Forbes magazine as the 17th-largest, privately held company in the United States. The company is also ranked on the FORTUNE(R) 100 Best Companies to Work For list, its eighth consecutive year and is No. 77 on the InformationWeek 500 listing of the nation's leading information technology innovators.

About CenterOne Financial Services LLC

CenterOne Financial Services LLC (CenterOne) (http://www.centeronefinancial.com) is a division of World Omni Financial Corp. CenterOne is headquartered in Deerfield Beach, FL, and leverages more than two decades of experience in the automotive industry. Bringing a wealth of knowledge and expertise to its clients, CenterOne's servicing solutions include originations, loan and lease servicing, collections, pro-active remarketing, vehicle remarketing, and back-up servicing. From start to finish, its services are designed to provide value-added solutions. CenterOne has maintained its Standard & Poor's STRONG auto servicer rating, the highest rating possible for a consumer finance, automobile loan and lease servicer.