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AutoNation Announces First Quarter Earnings Conference Call and Audio Webcast Scheduled for Thursday, April 29, 2004 at 9:00 A.M. Eastern Time

Apr. 14, 2004

FORT LAUDERDALE, Fla., Apr 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, announced today that it will release its financial results for the first quarter ended March 31, 2004 on Thursday, April 29, 2004 before 7:00 a.m. Eastern Time. Mike Jackson, chairman and chief executive officer; Mike Maroone, president and chief operating officer; and Craig Monaghan, chief financial officer, will discuss these results and the Company's outlook during a conference call and audio web cast that same morning at 9:00 a.m. Eastern Time.

The conference call may be accessed by phone at (888) 428-4474 or via the Internet (audio web cast) at www.AutoNation.com by clicking on the "About Us" link, then clicking on "Investors" and then "Web Casts". A playback of the conference call will be available after 12:30 p.m. Eastern Time on April 29 through May 6, 2004 by calling (800) 475-6701 (access code #728416) or via the Internet as outlined above.

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer. Ranked No. 97 on the 2004 Fortune 500 and a component of the Standard and Poor's 500 Index, AutoNation employs approximately 28,000 people and owns and operates 372 new vehicle franchises in 18 states. For additional information, please visit http://corp.AutoNation.com or www.AutoNation.com, where more than 100,000 vehicles are available for sale.

FORWARD-LOOKING STATEMENTS

Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company undertakes no duty to update its forward- looking statements, including its earnings outlook.

SOURCE AutoNation, Inc.

Marc Cannon, AutoNation, Inc., +1-954-769-3146, or
cannonm@autonation.com
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