Asbury Automotive Group Announces Secondary Common Stock Offering

New York, NY, May 9, 2007 - Asbury Automotive Group, Inc. (NYSE: ABG) (the "Company") today announced that certain funds and certain affiliates of funds (collectively, the "Funds") affiliated with Freeman Spogli & Co. have agreed to sell an aggregate of 3,922,187 shares of Asbury's common stock, par value $0.01 per share, in a public offering underwritten by Merrill Lynch, Pierce, Fenner & Smith Incorporated, representing the Funds' remaining stake in the Company. The Company is not offering any of its shares in the offering and will receive none of the proceeds from the offering. The Funds' shares will be offered pursuant to an effective registration statement filed with the Securities and Exchange Commission.

A prospectus supplement relating to the offering may be obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated, 4 World Financial Center, New York, NY 10080, phone: 212-449-1000.

This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, any of the securities, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale is not permitted.

About Asbury Automotive Group

Asbury Automotive Group, Inc. ("Asbury"), headquartered in New York City, is one of the largest automobile retailers in the U.S. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 88 retail auto stores, encompassing 115 franchises for the sale and servicing of 33 different brands of American, European and Asian automobiles. Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.

SOURCE Asbury Automotive Group, Inc.

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