---

J. B. Hunt Transport Services, Inc. Makes Announcement

16 February 2000

J. B. Hunt Transport Services, Inc. Makes Announcement

    LOWELL, Ark.--Feb. 15, 2000--J. B. Hunt Transport Services, Inc. today announced that the Board of Directors has voted to discontinue its policy of paying quarterly cash dividends. The Board believes that the cash previously used to pay dividends would currently be better spent to repurchase shares of the Company's common stock.
    The Board further voted to authorize the repurchase of up to 500,000 of its outstanding shares of common stock to be held in treasury for general corporate purposes which may include acquisitions or employee stock options.
    The previously announced dividend to be paid on February 17, 2000 to shareholders of record of February 3, 2000 will be paid as scheduled.