The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

CCC Information Services Share Repurchase Plan

18 August 1998

CCC Information Services Group Announces Share Repurchase Plan
    CHICAGO, Aug. 18 -- CCC Information Services Group Inc.
, the leading provider of solutions for the automotive claims
industry, today announced that its Board of Directors has authorized the
repurchase, from time to time, of up to 2,500,000 shares of its common stock
on the open market, in privately negotiated transactions, or otherwise.
    David Phillips, Chairman and Chief Executive Officer, commenting on the
Board's actions, said, "The Board of Directors adopted the share repurchase
program because it believes the stock is an excellent investment at recent
price levels.  The Company's strong balance sheet supports this attractive
investment without limiting other investment opportunities." Phillips added,
"The primary objective of our management team is to grow CCC in accordance
with our publicly stated targets of 20% revenue growth and 25% profit growth."
    CCC currently has 25 million shares outstanding and is traded on the
Nasdaq national market under the symbol CCCG.
    Certain statements in this release may constitute forward-looking
statements which are subject to a number of risks and uncertainties and
therefore should not be relied upon as predictions of the future.  Such
statements are dependent on assumptions that may not be realized and are
subject to factors, including those mentioned in the Company's most recent
Form 10-K filed with the Securities and Exchange Commission, that could cause
actual results to differ materially.
    CCC Information Services Group, headquartered in Chicago, Ill., is the
automotive claims industry's leading supplier of advanced software and
communications systems.  Its value-added, technology-based products and
services increase efficiency and facilitate communication among more than
13,000 collision repair facilities, 350 insurance companies and a range of
business partners.  For more information about CCC Information Services Group
Inc., contact Peter Duckler of HLB Communications at 312-649-0371.