Asbury Automotive Group Schedules Release of First Quarter Results and Conference Call.

Business Editors & Automotive Writers

STAMFORD, Conn.--(AutomotiveWire)--April 4, 2002

Asbury Automotive Group, Inc. (NYSE: ABG) today announced that it will release first quarter financial results before the market opens on April 25, 2002.

Senior management, including Kenneth B. Gilman, president and CEO, and Thomas F. Gilman, senior vice president and CFO, will host a conference call later that morning, at 10:00 a.m. Eastern Daylight Time.

The conference will be webcast live on the Internet and can be accessed by logging onto www.asburyauto.com.

In addition, a live audio of the call will be accessible to the public by calling [phone]. International callers, please dial [phone]. Callers should dial in approximately 10 minutes before the call begins.

A conference call replay will be available from 1:00 p.m. (EDT), April 25 through midnight, Thursday, May 2 and can be accessed by dialing [phone] (domestic) or [phone] (international); confirmation code - 547185.

About Asbury Automotive Group

Asbury Automotive Group, Inc., headquartered in Stamford, Connecticut, is one of the largest automobile retailers in the U.S., with 2001 revenues of $4.3 billion. Built through a combination of organic growth and a series of strategic acquisitions over the past six years, Asbury now operates through nine geographically concentrated, individually branded "platforms." These platforms operate 91 retail auto stores, encompassing 127 franchises for the sale and servicing of 36 different brands of American, European and Asian automobiles. Asbury's product mix includes one of the highest proportions of luxury and mid-line import brands among leading U.S. automotive retailers. The company offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.