MANHEIM'S DALLAS FT. WORTH AUTO AUCTION HOSTS FIRST OIL RIG AND EQUIPMENT AUCTION

FOR IMMEDIATE RELEASE                        Contact:           Amanda
King
November 20, 2006
McNeely Pigott & Fox
 
(615) 259-4000
 

Manheim's Dallas fort worth auto auction HOSTs 
oil rig and equipment AUCTIONs
 
            ATLANTA - Manheim's Dallas Fort Worth Auto Auction is
gearing up for its second oil rig and equipment auction on Nov. 30, in
Grayville, Ill.
 
            "Venturing into this market is a great new way for the
auction to expand and grow our revenue sources," said John Swofford,
Dallas Fort Worth Auto Auction assistant general manager. "As the price
of gas and drilling activity in the U.S. continues to rise, this market
is going to grow exponentially."
 
            The auction partnered with San Antonio-based BC Auctioneers
to host Manheim's first oil rig and equipment auction in Henryetta,
Okla., on Nov. 9.
 
            The first auction, which offered 500 lots of oil drilling
rigs and well-servicing equipment, attracted 150 buyers from across the
U.S. and Mexico. Buyers were able to view the rigs and equipment through
a slideshow of photographs. The auction sold $1.2 million worth of rigs
and drilling equipment. 
 
            "These oil field auctions allow Manheim to reach out to a
new customer base and provide the opportunity to further diversify the
specialty products and services we can offer," said Frank Post, Dallas
Fort Worth Auto Auction general manager. "Manheim will bring the same
level of customer service and professionalism to these new kinds of
auctions as it has for more than 60 years for car auctions."
 
 

About Manheim 

 
Manheim is the world's leading provider of automotive remarketing
services.  Through its live auctions and array of technology products,
Manheim impacts every stage of a used vehicle's life cycle, helping
commercial sellers and automobile dealers realize the full value of
their vehicles. 
 
The company's services include reconditioning, certification,
inspections, dealer financing, transport, title management and
marshaling, among others.  Manheim is also the leader in remarketing
technology, using its online tools to connect buyers and sellers around
the globe to the world's largest, most comprehensive wholesale
marketplace.  In 2005, Manheim handled nearly 10 million used vehicles -
and sold more than 5 million - representing more than $50 billion in
value. 
 
Manheim's subsidiary companies provide value-added remarketing products,
including paintless dent removal (Dent Wizard), Auto Body Repair, and
salvage vehicle remarketing (Total Resource Auctions).  
 
A wholly owned subsidiary of Cox Enterprises, Atlanta-based Manheim is a
global organization with 32,000 employees at its 139 U.S. and
international locations. For more information, visit www.manheim.com.
 
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