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Group 1 Acquires Four Additional Auto Stores

September 1, 2006

HOUSTON—Group 1 Automotive Inc., recently announced the acquisition of the Pat Peck Honda, Kia and Nissan dealerships in Gulfport, Miss., and the Pat Peck Nissan dealership in Mobile, Ala, according to Auto Channel. The four dealerships are expected to generate approximately $176 million in annual revenues.

Over the last year Group 1 has acquired 11 franchises that are expected to generate $579.2 million in estimated annual revenues, including two Toyota/Scion, three Nissan, and Lexus, Honda, Kia, Suzuki franchises.

Group 1 anticipates acquiring a total of at least $750 million in annual revenues during 2006.

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