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CarMax to Present at William Blair 27th Annual Growth Stock Conference

RICHMOND, Va., June 7 -- CarMax, Inc. announced today that Tom Folliard, president and chief executive officer, will present at the William Blair 27th Annual Growth Stock Conference in Chicago, Illinois. The presentation will begin at 11:10 a.m. CT on June 21, 2007.

A live webcast will be available on the company's investor information homepage at http://investor.carmax.com/. The webcast will be archived and available for replay through July 20, 2007.

About CarMax

CarMax, a Fortune 500 company and one of the Fortune 2007 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 80 used car superstores in 38 markets. The CarMax consumer offer is structured around four core equities: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the twelve months ended February 28, 2007, the company retailed 337,021 used vehicles and sold 208,959 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

FCMN Contact: Susan_Pfeiffer@carmax.com

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