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Autoweb.com Names Dean DeBiase as Chairman

7 September 1999

Autoweb.com Names Dean DeBiase as Chairman

    SANTA CLARA, Calif., Sept. 7 -- Autoweb.com, Inc.
, the leading consumer automotive Internet service, today
announced that Dean DeBiase, president and CEO of Autoweb.com, will assume the
additional role of Chairman of the Board. Frank Zamani, a co-founder, has
stepped down as Chairman and Director of the Board to pursue a new venture.
Payam Zamani, the company's other co-founder, has been appointed Vice
Chairman.
    "We thank Frank for his vision and contribution to the great progress
Autoweb.com has made towards becoming the premier Internet automotive
service," said Dean DeBiase, president and CEO of Autoweb.com. "In a short
time, we have established the largest dealer referral network and have
provided millions of consumers a better auto buying experience. Recent steps,
such as the launch of our Direct-to-Consumer channel and the introduction of
the Autoweb Service Center that allows consumers to quickly book service
appointments on-line, position us for continued strategic expansion in this
exciting marketplace."

    Safe Harbor Statement
    The statements in this news release, other than the historical financial
information, may contain forward-looking statements that involve risks and
uncertainties that could cause actual results to differ from anticipated
results. Further information on risk factors that could affect the company's
results is detailed in the company's Registration Statement, as filed with the
Securities and Exchange Commission, and the Form 10Q for the quarter ended
June 30, 1999, filed with the Securities and Exchange Commission.

    About Autoweb.com, Inc.
    Autoweb.com(TM) is the leading consumer automotive Internet service. With
an extensive collection of automotive related community, content and commerce
offerings, Autoweb.com(TM) guides consumers through every stage of vehicle
ownership from browsing and buying, to enjoying, maintaining or selling, As a
trusted intermediary, Autoweb.com(TM) connects mass market consumers to
real-world buying alternatives through the most extensive network of Member
Dealers and other commerce partners, and ensures the consumer experience is
faster, better and easier.
    For more information, visit the company's Web site at: http://www.autoweb.com or
contact the company at 3270 Jay Street, Santa Clara, Calif. 95054;
408-330-4701.