UnitedAuto Group, Inc., an automotive specialty retailer, will host a

conference call discussing financial results for its third quarter

2002 on Tuesday, October 29, at 2 pm ET/ 1 pm CT/ 12 pm MT/ 11 pm PT.

The call will follow the release earlier that morning of third

quarter 2002 earnings for UnitedAuto Group.

Advanced registration is not required.

-- Domestic, please call (800) 230-1096

-- International, please call (612) 332-0107

Calls need to be made shortly before 2 pm ET on the 29th of

October. Please provide the leader's name - Roger Penske - as well as

the code UAG3Q. The call cannot be accessed without this information.

This call will also be simultaneously broadcast on the Internet.

This simultaneous webcast may be accessed through the UnitedAuto Group

website at www.unitedauto.com. It is recommended access be gained to the webcast

15-20 minutes prior to the scheduled start time. To listen to the

webcast, participants will need a computer with speakers and Real

Player or Windows Media Player software. Links to download the free

Players software will be available on the UnitedAuto Group website.

There will be an instant replay of the call with reverse, pause,

and fast forward features available from Tuesday, October 29, at 5:30

p.m. ET, until 11:59 pm ET, Tuesday, November 5. Following are the

numbers to call to listen to the playback:

-- Domestic, please call (800) 475-6701 (access code 655061)

-- International, please call (320) 365-3844 (access code 655061)

A rebroadcast of the conference call will also be available on the

Company's website beginning one hour after the completion of the live

broadcast and for the following thirty days.

A copy of the transcript of the call can be e-mailed. Please

e-mail nvermillion@unitedauto.com with this request beginning Tuesday,

November 5.