Manheim Auctions announced it received six awards for exceptional performance as part of The One Award competition presented by Bank One at the company’s annual dinner and award presentation in Phoenix, Ariz., recently.

Bank One presented national and regional awards for the competition, which ran from August 2002 through January 2003. In total, Manheim says it won six of the 10 awards (five regional, one national) presented at the ceremony. Manheim’s award winning auctions were:

• Manheim’s Riverside Auto Auction (Riverside, Ca.)

Best Performance – Highline – National

• Manheim’s Greater Tampa Bay Auto Auction (Tampa, Fla.)

Best Performance – Lease Returns – Southeastern Region

• Manheim’s Minneapolis Auto Auction (Minneapolis, Minn.)

Best Performance – Lease Returns – Central Region

• Manheim’s Minneapolis Auto Auction

Best Performance – Repossessions – Central Region

• Manheim’s Central Florida Auto Auction (Orlando, Fla.)

Best Performance – Repossessions – Southeastern Region

• Manheim’s Greater Nevada Auto Auction (Las Vegas, Nev.)

Best Performance – Repossessions – Western Region

Introduced in September 1999, The One Award competition now involves 31 auto auctions annually. The auctions were evaluated in numerous performance categories including retention, efficiency, expenses, accuracy, sales, operations, and adherence to Bank One reconditioning standards.

“Our auction partners are the industry’s elite,” said Joe Rodi, national wholesale

remarketing manager for Bank One. “We’re gratified that the competition among them

continues to redefine auction excellence and produce new winners.”

“It’s a great honor for the auctions that have been recognized,” said Mike Russo, Manheim’s vice president of national accounts. “Bank One’s remarketing operations set very high standards, and we are extremely proud that they selected so many of our facilities for awards.”

About Manheim Auctions

Manheim Auctions says it offers services that impact every stage of a used vehicle’s life cycle. These include transaction, reconditioning and certification services, managed remarketing, end-of-lease-term management services, vehicle transportation, dealer floor planning, retail inspection and government auction services. The company also says it assists auto manufacturers, fleet and lease companies, banks and other financial institutions in selling their used vehicle inventories. A technology provider to the wholesale auction industry, Manheim says it offers technology tools that help dealers and national consignors handle their remarketing transactions more efficiently.

A wholly owned subsidiary of Cox Enterprises, Inc., Manheim Auctions has more than 32,000 employees at its 124 auctions and related businesses. Manheim is a global remarketing organization with 85 auctions in North America and additional operations in the United Kingdom, Spain, France, Australia and New Zealand. In the year 2002, the company says it auctioned 9.6 million vehicles at its North American auctions.

About Bank One

Bank One Corporation says it is the nation’s sixth-largest bank holding company, with assets of more than $270 billion. Bank One says it currently serves 53 million credit card customers, 7.1 million retail households, including 488,000 small businesses, and 20,000 middle market companies. It also says it manages $146 billion of clients’ investment assets. Bank One can be found on the Internet at www.bankone.com.