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AutoNation, Inc. Promotes Marc L. Bourhis to Vice President and Treasurer

Feb. 17, 2000

FORT LAUDERDALE, Fla., Feb. 17 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today announced the appointment of Marc L. Bourhis, 37, as Vice President and Treasurer, reporting to Patricia McKay, Senior Vice President of Finance and acting Chief Financial Officer.

In his new position, Mr. Bourhis has expanded responsibilities for all aspects of AutoNation's Treasury function, including capital market and private funding initiatives, banking and rating agency relationships, financial risk management and liquidity optimization. Most recently, Mr. Bourhis served as Assistant Treasurer for AutoNation.

Prior to joining AutoNation, Mr. Bourhis worked for General Motors Corporation in its Corporate Treasury, first as Senior Analyst and then Manager before being promoted to Director. Over the course of his career, he has also worked for United Technologies Corporation and AT&T Corporation.

A native of New Jersey, Mr. Bourhis graduated from Columbia University in New York in 1990 with a Master of Business Administration degree in Finance and International Business. He was also a Columbia Business School Merit Fellowship Recipient. In addition, Mr. Bourhis received a Bachelor of Science degree in Chemical Engineering from Lehigh University in Bethlehem, Pennsylvania in 1984 and a Master of Science degree in Systems Engineering from the University of Pennsylvania in Philadelphia in 1987.

Mr. Bourhis succeeds Kathleen Hyle, who was recently appointed Senior Vice President and Chief Financial Officer of ANC Rental Corporation, a division of AutoNation.

Ms. McKay said, "We are fortunate to have someone with Marc's experience, professional background and education. His professional accomplishments are wide-ranging and perfectly aligned with AutoNation's current and future needs."

AutoNation, Inc. is the world's largest automotive retailer, with 412 franchises, more than 200 web sites and $20 billion in annual revenue. Led by, the Company sold more than $1 billion worth of automobiles via the Internet in 1999.

SOURCE AutoNation, Inc.
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