STAMFORD, Conn., Feb. 6 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it plans to release financial results for the fourth quarter and full year ended December 31, 2003 prior to the market open on Wednesday, February 11, 2004.

The Company also noted that because it is currently in registration for a secondary offering it would not be hosting its customary conference call to discuss financial results.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities have not been sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Asbury Automotive Group

Asbury Automotive Group, Inc., headquartered in Stamford, Connecticut, is one of the largest automobile retailers in the U.S., with 2003 revenues of $4.8 billion. Built through a combination of organic growth and a series of strategic acquisitions, Asbury now operates through nine geographically concentrated, individually branded "platforms." These platforms currently operate 99 retail auto stores, encompassing 142 franchises for the sale and servicing of 35 different brands of American, European and Asian automobiles. Asbury believes that its product mix contains a higher proportion of more desirable luxury and mid-line import brands than most public automotive retailers. The Company 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.
-0- 02/06/2004
/CONTACT: Investors: Stacey Yonkus, Director, Investor Relations of
Asbury Automotive Group, Inc., +1-203-356-4424, or syonkus@asburyauto.com;
Media: David Shein of RFBinder Partners, +1-212-994-7514, or
david.shein@rfbinder.com, for Asbury Automotive Group, Inc. /
(ABG)