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Autoweb.com Launches Online Consumer Automotive Magazine

21 March 2000

Autoweb.com Launches Online Consumer Automotive Magazine
    Fast Lane Offers Visitors a Look at News, Features From the Wild Side
                                  Of Driving


    SANTA CLARA, Calif., March 21 Autoweb.com ,
the leading consumer automotive Internet service, announced today the launch
of a new weekly online publication -- Fast Lane. As part of an ongoing effort
to provide consumers with the best resources for online car research and
purchase, Autoweb.com's Fast Lane offers visitors a wide range of automotive
content -- from late-breaking automotive news to columns and editorials that
explore the fun side of driving.
    Fast Lane will reinforce Autoweb.com's standing as the most popular
consumer car site on the Internet by drawing more traffic, motivating return
visits and providing a much-needed source of comprehensive and entertaining
automotive content.
    The magazine will be updated weekly with feature articles, photos and
columns from contributing Autoweb.com editors and TheCarConnection.com.
TheCarConnection.com is "the Web's Automotive Authority," a leading source of
independent and unbiased news, reviews, photos and features.
    "Fast Lane is a continuation of our ongoing effort to make car buying and
car ownership fun," said Cathy Gordon, vice president of product development
for Autoweb.com. "We believe that the depth and diversity of
TheCarConnection.com content, combined with articles from our automotive
editors will delight not only automotive enthusiasts but anyone interested in
the wild world of automobiles."
    Fast Lane is part of Autoweb.com's Enjoy section, devoted to building
community around the enjoyment of everything related to automobiles. Fast Lane
will consist of three distinct sections:  Headlight News(TM), Caught in the
Web(TM) and Autoweird(TM). Headlight News will provide late-breaking news from
around the automotive world, while Caught in the Web will provide consumers
with "Spy Photos" of the latest concept vehicles and upcoming cars and trucks.
Autoweird, devoted to the cutting-edge aspects of driving, will feature
fascinating profiles including a look at Moller International's experimental
flying commuter car -- The Moller 400.
    In addition to its "hassle-free" new and used car purchasing system,
Autoweb.com continues to position itself as the Internet site for the life of
the consumer's vehicle. According to Gordon, Autoweb.com will continue to
offer a wide range of services to consumers-from research and
comparison-shopping to buying, maintaining and enjoying their purchase. Fast
Lane contributes to the enjoyment and celebration of car ownership while
building a strong base of return Internet visitors.

    About Autoweb.com
    Autoweb.com is the leading consumer automotive Internet service, guiding
consumers through every stage of vehicle ownership. From research and buying,
to enjoying, maintaining and selling, Autoweb.com delivers what consumers
want. Starting with comprehensive, unbiased automotive research, Autoweb.com
also provides many options to buy new and used vehicles through its auction
and dealer referral commerce channels. Autoweb.com works with more than
5,000 Member Dealers and other commerce partners to provide the best
experience at every stage of vehicle ownership. For more information, please
visit http://www.autoweb.com.
    NOTE:  Headlight News(TM) and Caught in the Web(TM) are trademarks of
TheCarConnection.com. Autoweb.com, Autoweb and Autoweird are service marks of
Autoweb.com.
    Statements in this news release, including statements that include words
such as "expects," "believes" or other future-oriented statements, contain
forward-looking statements that involve risks and uncertainties that could
cause actual results to differ from anticipated results. These risks and
uncertainties include unanticipated changes in competitive behavior, changes
in consumer preferences over time, and an inability to forecast future traffic
and transactions. Further information on risk factors that could affect the
company's results is detailed in our filings with the Securities and Exchange
Commission, including our Registration Statement on Form S-1 (No. 333-71177)
and our Form 10-Q for the quarter ended September 30, 1999.