Hometown Auto Retailers has scheduled a conference call and simultaneous webcast for Monday, November 12, 2001 at 4 p.m.(ET) to discuss its third quarter 2001 results. Corey Shaker, president and CEO of Hometown, will host the call.

Brokers, financial professionals and investors can listen to the call by dialing 888/881-4892 (international participants can call 416/646-3095) or by logging onto the company's home page at www.htauto.com and clicking on the Conference Call link.

Callers are advised to dial in to Monday's call at least 10 minutes prior to the designated time, request the Hometown Auto Retailers conference call, and provide their name, affiliation and phone number.

For individuals not able to participate in the call, a telephone replay will be available at 877/289-8525 with the following access code: 152305 (for international callers, the number is 416/640-1917 and the access code is 152305). The replay will be accessible for three days following the call, beginning at 5 p.m.(ET) on Monday, November 12, 2001. Similarly, a webcast will be archived on the Hometown Web site at www.htauto.com/corporate in both Windows Media Player and Real Player formats.

About Hometown

Hometown Auto Retailers (www.htauto.com) sells new and used cars and light trucks, provides maintenance and repair services, sells replacement parts and provides related financing, insurance and service contracts through 10 franchised dealerships located in New Jersey, New York, Connecticut, Massachusetts and Vermont.

The company's dealerships offer 13 American and Asian automotive brands, including Chevrolet, Chrysler, Daewoo, Dodge, ford, Isuzu, Jeep, Lincoln, Mazda, Mercury, Oldsmobile, Plymouth and Toyota. Hometown is also active in two "niche" segments of the automotive market: the sale of Lincoln Town Cars and limousines to livery car and livery fleet operators and the maintenance and repair of cars and trucks at a Ford and Lincoln Mercury factory authorized free-standing service center.