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Carey International Announces Acquisition

14 January 1999

Carey International Announces Jacksonville Acquisition

    WASHINGTON, Jan. 14 -- Carey International, Inc.
announced today that it has acquired East Coast Transportation,
Inc. of Jacksonville, Florida.  East Coast is the largest chauffeured vehicle
service company in the greater Jacksonville area with fiscal year 1998 sales
of approximately $5 million.
    Founded in 1983 by Alan Melton and Greg Franks, East Coast is the
preferred chauffeured transportation service for many of the leading hotels
and resorts in North Florida, serving the Atlantic Coast as well as South
Georgia.  The company has been recognized on several occasions for its
outstanding commitment to customer service.  In 1997 and 1998, it was the
recipient of quality awards from the Florida Governor's Sterling Council.
East Coast was also nominated for Operator of the Year by the National
Limousine Association in 1993 and was a finalist for Limousine and Chauffeured
Transportation Magazine's Operator of the Year in 1998.  Messrs. Melton and
Franks were named Florida's Small Business Persons of the Year in 1994.
    "East Coast is a very strategic addition for Carey," said Vincent A.
Wolfington, Chairman and CEO of Carey International, Inc.  "Jacksonville is
one of the fastest growing metropolitan areas for business in the United
States, and the fine resorts and hotels of the nearby Atlantic Coast are a
destination for many corporate meetings and events.  Alan and Greg bring
valuable management and business development skills to Carey.  We now have
the largest company in Jacksonville with the most experienced management
team."
    Alan Melton commented, "We are excited by the prospect of building the
Jacksonville market with Carey.  This transaction enhances the opportunities
for our employees and allows us to provide service to our customers throughout
the Carey system when they leave Jacksonville."
    Carey International, a leading industry consolidator, is the world's
largest chauffeured vehicle service company.  The Company provides sedan,
limousine, van and minibus service through a worldwide network of owned and
operated companies, licensees and affiliates serving 420 cities in
65 countries.

    The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for certain forward-looking statements.  The forward-looking
statements contained in this are subject to certain risks and uncertainties.
Actual results could differ materially from current expectations.