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Allied Holdings Informed of Pending Legal Matters

13 June 2000

Allied Holdings Informed of Pending Legal Matters

    DECATUR, Ga. - Allied Holdings, Inc. , parent company of the world's largest
automotive distribution and logistics network, said today that the company has 
been informed of issues relating to legal proceedings involving Commercial
Carriers, Inc., which is a subsidiary of Allied Automotive Group, Inc., a 
subsidiary of Allied Holdings, Inc.

    CCI recently learned that National Union Fire Insurance Company of
Pittsburgh, PA -- an insurance carrier which is to provide coverage of
approximately $20 million regarding a $35 million judgment against CCI -- has
fully reserved its rights of insurance coverage.  CCI has filed a lawsuit
seeking a declaratory judgment that National Union has no basis for reserving
its rights and intends to vigorously pursue this claim.  CCI believes that
insurance is in place to provide sufficient coverage for the remaining amount
of the judgment.

    The judgment relates to claims for personal injury incurred as a result of
an accident involving a CCI vehicle that occurred in November 1994, prior to
the acquisition of CCI by Allied Holdings, Inc. from Ryder System, Inc. in
1997.  CCI has appealed this judgment and also intends to vigorously proceed
with its appeal rights.

    While the ultimate results of this litigation cannot be determined, Allied
Holdings, Inc. does not currently expect that the resolution of this
proceeding will have a material adverse effect on the company's consolidated
financial position or results of operations.

    Statements in this press release that are not strictly historical are
"forward-looking" statements.  Investors are cautioned that such statements
are subject to certain risks and uncertainties that could cause actual results
to differ materially.  With limitation, these risks and uncertainties include
the outcome of litigation and the results of the discovery process related to
such litigation, economic recessions or downturns in new vehicle production or
sales, the highly competitive nature of the automotive distribution industry,
dependence on the automotive industry, labor disputes involving the company or
its significant customers, the dependence on key personnel who have been hired
or retained by the company, the availability of strategic acquisitions or
joint-venture partners, changes in regulatory requirements which are
applicable to the company's business, risks associated with conducting
business in foreign countries, changes in vehicle sizes and weights which may
impact vehicle deliveries per load, the ability to increase rates charged to
customers, and problems related to information technology systems and
computations that must be made by the company or its customers and vendors in
2000 or beyond.  Investors are urged to carefully review and consider various
disclosures made by the company in this press release and the Company's
reports filed with the Securities and Exchange Commission.