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Risk Retention Group, Inc. Receives A.M. Best Excellent Rating

23 March 2000

Interstate National Dealer Services, Inc. Announces Its Affiliated Insurance Company, National Service Contract Insurance Company Risk Retention Group, Inc., Receives A.M. Best Excellent Rating

    MITCHEL FIELD, N.Y.--March 23, 2000--Interstate National Dealer Services, Inc. today announced that A.M. Best, the number one ranked insurance rating agency, has initiated coverage of Interstate's affiliated insurance company, National Service Contract Insurance Company Risk Retention Group, Inc. ("NSC") with an A- rating (Excellent).
    Best's Ratings are derived from a detailed analysis of a company's financial strength, operating performance and market profile. Only a select group of insurance companies fall in the A- or higher category. Over the years Best's Ratings have been shown to be highly predictive of the financial problems attendant to companies with lower ratings.
    Mr. Chester Luby, Chairman and CEO of Interstate National Dealer Services, Inc., stated, "We are very proud of the success of NSC. Since its inception in April 1995, NSC has been a stellar performer and we are pleased that its performance has now been recognized by the premier rating agency in the insurance business."
    Interstate is a leading nationwide provider of service contracts and extended warranties, primarily for new and used cars and recreational vehicles, as well as watercraft, manufactured housing, motorcycles and other power sport vehicles. Please visit our websites: http://www.inds.com for information on the Company and http://www.uautobid.com for the most comprehensive listing on the Internet of everything auto-related.

    This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Report on Form 8-K filed with the Securities and Exchange Commission on December 23, 1996.