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AutoNation, Inc. Names John M. Zimmerman Senior Vice President, Investor Relations

Apr. 17, 2000

FORT LAUDERDALE, Fla., April 17 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today announced the appointment of John M. Zimmerman, 53, as Senior Vice President, Investor Relations, reporting to Michael J. Jackson, Chief Executive Officer of AutoNation.

In his new position, Mr. Zimmerman will have full responsibility for all strategic aspects of the Investor Relations program, including contact with shareholders, buy and sell-side analysts and institutional investors. John will serve as a member of the Company's Management Committee, which oversees policy, management and strategy for all areas of the Company.

Prior to joining AutoNation, Mr. Zimmerman served as Senior Vice President, Investor Relations for Blockbuster Inc. (NYSE: BBI), where he participated in the planning and execution of that company's successful IPO in 1999.

Over the course of his career, he has also served as Vice President, Planning and Investor Relations for Union Texas Petroleum and Controller of both International Oil & Gas and Hydrocarbon Products Group. He has also worked as Senior Audit Manager for PricewaterhouseCoopers and was a founding partner in Loewer Zimmerman Sykes, CPAs.

Mr. Zimmerman has a Bachelor's degree in accounting from Indiana University and is a member of the Senior Roundtable of the National Investor Relations Institute (NIRI) and the American Institute of Certified Public Accountants.

Mr. Jackson said, "We are very fortunate to have someone with John Zimmerman's depth of experience and the degree of respect he enjoys from the financial community. I am sure that our shareholders will welcome him."

AutoNation, Inc. is America's largest automotive retailer, with 408 franchises in 19 states and $20 billion in annual revenue. Led by AutoNationDirect.com, the Company sold more than $1 billion worth of automobiles via the Internet in 1999. AutoNation is also a Fortune 100 (#63) company.

SOURCE AutoNation, Inc.
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