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The Cobalt Group, Inc. Sets Second Quarter Conference Call Date and Time

5 July 2000

The Cobalt Group, Inc. Sets Second Quarter Conference Call Date and Time

    SEATTLE - The Cobalt Group, Inc. plans to announce its second fiscal quarter 2000 financial results after the close of the market on Monday, July 24, 2000.

    The Cobalt Group will host a conference call featuring remarks by President and Chief Executive Officer, John Holt, and Executive Vice President and Chief Financial Officer, David Snyder. Participation in the conference call is by invitation only and is intended for professional money managers and analysts. A broadcast of the conference call may be heard live and via replay on the investor relations section of the company's web site at www.cobaltgroup.com. The call will take place at 5 p.m. Eastern Time (2 p.m. Pacific).

    ABOUT THE COBALT GROUP

    The Cobalt Group(TM) , based in Seattle, is a leading provider of Internet-based products and services for the automotive industry. Cobalt helps dealers, dealer groups and automobile manufacturers harness the power of the Internet to realize new efficiencies, win new prospects and better serve their customers.

    With approximately 5,600 dealer Web site clients, over 10,000 dealers using its parts locating system, and relationships with 16 automotive manufacturers and more than 50 of the 100 largest dealer groups in the United States, Cobalt is one of the leading technology companies serving the automotive industry. Cobalt operates MotorPlace.com(TM) (www.motorplace.com), a business-to-business vertical portal for the automotive industry; DealerNet(R) (www.dealernet.com), one of the best-known automotive destination sites on the Web; and PartsVoice(R) (www.partsvoice.com), a leading OEM auto parts locating and data management service. The Cobalt Group also owns IntegraLink Corporation, a leading provider of advanced data extraction and reporting services to the automotive industry.

    Cobalt offers Web site services that are endorsed by the National Automobile Dealers Association.