CarMax, Inc. Announces Details of Fourth Quarter Earnings Conference Call

RICHMOND, Va., March 19 -- CarMax, Inc. today announced details of its investor conference call to be conducted in conjunction with the release of sales and earnings for the fourth quarter and fiscal year ended February 29, 2008.

  What:  Fourth Quarter and Fiscal Year 2008 Earnings Conference Call.

  When:  9:00 a.m. ET on Wednesday, April 2, 2008.

  How:   Dial 1-888-298-3261 (international callers dial 1-706-679-7457).
         The conference ID for both domestic and international callers is
         26911377.

  Where: A live webcast is also available on CarMax's investor information
         home page at http://investor.carmax.com/ or at www.streetevents.com.

A webcast replay of the call will be available on the company's investor information home page beginning at approximately 1:00 p.m. ET on April 2, 2008, through May 2, 2008. A telephone replay also will be available through April 9, 2008, and may be accessed by dialing 1-800-642-1687 (international callers dial 1-706-645-9291). The conference ID for both domestic and international callers is 26911377.

About CarMax

CarMax, a Fortune 500 company and one of the Fortune 2008 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 90 used car superstores in 41 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 fiscal year 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.

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