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CarsDirect.com Signs Agreement With Cox Interactive Media/TITLE>

2 May 2000

CarsDirect.com Signs Agreement With Cox Interactive Media; City Sites Gain Access to Comprehensive Online Car-Buying Service

    LOS ANGELES--May 2, 2000--CarsDirect.com, the leading automotive e-tailer, announced that it has been selected as the new car-buying service for city sites operated by Cox Interactive Media (CIMedia).
    As part of the agreement, visitors to the local sites will have access to details and prices on more than 2,500 makes and models of new cars available through CarsDirect.com. Each city site will feature availability and specifics of new models via specially created co-branded areas.
    "This partnership with Cox Interactive will give us the ability to reach deeply into all of the markets served by their city sites," said Bob Brisco, CEO, CarsDirect.com. "Cox is committed to serving its many communities exceptionally well, and we are delighted to offer its customers a fast, easy way to find and buy a new car at a great price."
    CarsDirect.com's information will be available on the "Auto Channels" of the Cox Interactive Media sites later this month.
    "Giving users the ability to easily search for new cars in our markets will further enhance the value of our sites to our users," commented Dave Hills, vice president, sales. "Our goal is to help consumers better manage their busy lives. As support of this goal, new car shopping online from CarsDirect.com will be a great time saver and help our users better manage their car shopping needs."
    Visitors can obtain details on new cars available from CarsDirect.com through a comprehensive series of pull-down menus. CIMedia will feature this new content on city sites in its major markets including Atlanta; Charlotte, N.C.; Dayton, Ohio; Hampton Roads, Va.; Las Vegas; Los Angeles; Miami; New Orleans; Omaha, Neb.; Orange County, Calif.; Orlando, Fla.; Phoenix; Pittsburgh; Providence, R.I.; San Diego; San Francisco; Seattle; Syracuse, N.Y.; Tampa, Fla.; West Palm Beach, Fla. and others.