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AutoNation, Inc. to Offer Webcast of Its Annual Meeting on Thursday, May 17, 2001

May. 16, 2001

FORT LAUDERDALE, Fla., May 16 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer on and off the web, announced today that it will webcast its 2001 Annual Meeting of Stockholders on Thursday, May 17, at 10 a.m. Eastern Time.

The webcast will feature Wayne Huizenga, Chairman of the Board of AutoNation; Mike Jackson, Chief Executive Officer; Michael E. Maroone, President and Chief Operating Officer; and Craig T. Monaghan, Chief Financial Officer. Interested parties are advised that the webcast will be a "listen and view only" presentation and that no provision has been made for webcast viewers to participate in the meeting in any way.

To listen to the presentations and review the slides via webcast, interested parties should log on to www.autonation.com and click on the "Visit Our Corporate Site" icon. From that point, webcast participants should click on the Webcast icon. A replay of the webcast will be available for two weeks commencing 3:00 p.m. Eastern Time Thursday, May 17, 2001 by visiting the "Presentations" section of the Investor Relations page of AutoNation's corporate site.

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Florida, is America's largest automotive retailer, on and off the Web. AutoNation, which is ranked #83 on the Fortune 500, employs approximately 31,000 people and owns and operates 375 automotive retail franchises in 17 states.

SOURCE AutoNation, Inc.

CONTACT: Jim Donahue of AutoNation, Inc., 954-769-7208/

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