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Sonic Automotive Withdraws Private Debt Offering

29 September 2000

Sonic Automotive Withdraws Private Debt Offering
    CHARLOTTE, N.C., Sept. 29 Sonic Automotive, Inc.
announced today that due to adverse market conditions, it has
withdrawn its previously announced offering of approximately $125 million of
its Senior Subordinated Notes due 2008.  Sonic had previously announced that
this offering to qualified institutional buyers pursuant to Rule 144A under
the Securities Act of 1933, as amended, was expected to close in late
September.