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Sonic Announces Completion of Acquisition of Don Massey Dealerships

April 3, 2002

Sonic Automotive, Inc. announced it has completed its acquisition of 15 of the 16 Don Massey Dealerships. The acquisition of the remaining dealership in the Massey organization is expected to be completed in the second quarter of 2002.

The dealerships acquired represent an estimated $1 billion in annual revenue.

"Our acquisition of the Don Massey dealerships closed ahead of schedule thanks to the cooperative efforts of Sonic's employees, the Massey organization, and General Motors," said O. Bruton Smith, Sonic's chairman and CEO. "We are delighted to be Cadillac's largest dealer at a time when Cadillac is expanding and improving its product line. Congratulations

to Mr. Massey and welcome to his many fine employees."

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