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Teleconference Alert: Insurance Auto Auctions Third Quarter 2000 Earnings

19 October 2000

Teleconference Alert: Insurance Auto Auctions Third Quarter 2000 Earnings

    SCHAUMBURG, Ill., Oct. 19 Insurance Auto Auctions, Inc.
, will hold a conference call with institutional investors,
security analysts and other interested parties at 2:00 EDT on October 24, 2000
to discuss its third quarter results which will be released earlier that day.
Insurance Auto Auctions' Chief Executive Officer, Christopher G. Knowles and
Vice President and Chief Financial Officer, Stephen L. Green will co-host the
call.

    To participate by phone, please dial:
    800-482-5567 or 303-224-6998

    Callers should ask to be connected to the Insurance Auto Auctions earnings
conference call.
    The call will also be broadcast over the Internet at http://www.vcall.com.
      * Please allow 15 minutes to register, download and install any
        necessary audio software.

    A replay will be available until midnight EDT on October 31, 2000.  To
listen to the replay, please dial:
    800-696-1588 or 303-804-1727

    To listen to the replay, callers should enter conference reservation code
828875 when prompted.

    About Insurance Auto Auctions, Inc.
    Insurance Auto Auctions, Inc., founded in 1982, a leader in automotive
total loss and specialty salvage services in the United States, provides
insurance companies with cost-effective, turnkey solutions to process and sell
total-loss and recovered-theft vehicles.  This is a $3 billion per year
industry.  The company currently has 56 auction sites across the United
States.
    For additional information regarding Insurance Auto Auctions free of
charge via fax, dial 1-800-PRO-INFO and use the company's stock symbol,
"IAAI."  Additional information about Insurance Auto Auctions, Inc. is
available on the World Wide Web at http://www.iaai.com