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Carey International Announces Major Expansion In Italy

23 December 1999

Carey International Announces Major Expansion In Italy - Company Signs License Agreement for the Country of Italy -

    WASHINGTON, Dec. 23 -- Carey International, Inc.
recently announced that it has signed a License Agreement for
the country of Italy with chauffeured vehicle service provider UCS S.R.L.,
owned by Francesco Mattiazzo and Andrea Barocchi, effective January 1, 2000.
    The Mattiazzo and Barocchi families have a combined 140 years experience
in providing chauffeured services in Italy.  Operating through a centralized
reservation and control center in Venice more than 150 chauffeured vehicles
will be available in all cities in Italy including the latest models of
Mercedes limousines and sedans, executive vans and minibuses and coaches.
    Vincent A. Wolfington, Chairman and Chief Executive Officer of Carey
International, stated, "Italy is one of the largest markets for chauffeured
services in Europe.  The appointment of UCS as our licensee positions Carey
well within the Italian market and follows our corporate strategy of owning
operations in the UK and France and strengthening our franchise network in
key European markets by implementing our successful sales, marketing and
operating strategies."
    Don Dailey, President of Carey International, said, "This new franchise
arrangement will allow us to provide the finest service in any city in Italy,
whether it be for a corporate head, board meeting or incentive trip for 1,000
people.  By leveraging UCS' 140 years of experience and countrywide service
capability, we will be able to meet any requirement our customers may have for
chauffeured services."
    "We are honored to be a part of the major expansion Carey has initiated in
Europe," commented Francesco Mattiazzo and Andrea Barocchi.  "We have
successfully worked with Carey on a limited basis over the past 15 years and
are delighted to bring our resources and experience to their System."
    Carey International is the world's largest chauffeured vehicle services
company.  The company provides chauffeured sedan, limousine, van and minibus
service through a worldwide network of owned and operated companies,
licensees, and affiliates service 480 cities, 75 countries.
    The information set forth above contains forward-looking statements, which
involves risks and uncertainties.  The Company's actual results could differ
materially from the results anticipated in these forward-looking statements.
Readers should refer to discussion under "Risk Factors" contained in the
Company's Registration Statement on Form S-1 (No. 333-59599) filed with the
Securities and Exchange Commission, which is incorporated herein by reference,
concerning certain factors which could cause the Company's actual results to
differ materially from the results anticipated in the forward-looking
statements contained herein.