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Group 1 Automotive Invites You to Join Its Virtual CEO Summit Webcast

4 December 2000

Group 1 Automotive Invites You to Join Its Virtual CEO Summit Webcast

    HOUSTON, Dec. 4 Group 1 Automotive invites you
to listen to its Webcast that will be broadcast live over the Internet on
Wednesday, December 6, 2000 at 3:00 pm ET with Ben Hollingworth, Jr.,
Chairman, President & CEO, or Scott Thompson, Sr. V.P. & CFO, of Group 1
Automotive.

     What:          Group 1 Automotive Webcast

     When:          Wednesday, December 6, 2000 at 3:00 pm ET

     Where:         http://www.videonewswire.com/GPI/120600/

     How:           Live over the Internet -- Simply log on to the web at the
                    address above

     Contact:       Margie Baigh of the Financial Relations Board,
                    312-640-6690

    Group 1 is a leading operator in the automotive retailing industry. The
company has an annualized revenue run rate of over $3.5 billion, and, upon
completion of the announced acquisitions, will own 102 dealership franchises
comprised of 30 different brands, and 21 collision service centers located in
Texas, Oklahoma, Florida, New Mexico, Colorado, Georgia, Louisiana and
Massachusetts.  Through its dealerships and Internet sites, the company sells
new and used cars and light trucks, provides maintenance and repair services,
sells replacement parts and arranges related financing, vehicle service and
insurance contracts.

    If you are unable to participate during the live Webcast, the call will be
archived on these sites for 90 days.

    (Minimum Requirements to listen to broadcast: The RealPlayer software,
downloadable free from http://www.real.com/products/player/index.html, and at least a
14.4Kbps connection to the Internet.  If you experience problems listening to
the broadcast, send an email to webmaster@vdat.com.)