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The NADA Official Used Car Guide® Company NADAguides.com and Automotive Lease Guide Form Strategic Partnership

McLean, Va., Oct. 20, 2003 — The NADA Official Used Car Guide® Company (NADA), the Recognized Authority in used vehicle values, and Automotive Lease Guide (ALG), the benchmark for used car price residual values, today announced a collaboration that brings together two leaders in the automotive used car price valuation industry.

The NADA/ALG grows out of this strategic partnership and encompasses two products: ALG's Fleet Residual Model and their Online Calculator. This is an unprecedented joining of forces that rounds out the offerings found on nada.com/b2b, making it a one-stop source for vehicle valuations.

When NADA online customers purchase an annual agreement for either ALG product promoted through the link, one free month will be added to the end of their contract. After logging on to their accounts at nada.com/b2b, customers will be able to use the promotional button to link to a specific co-branded page on ALG's site. Plus, during a one month promotional period (October 20th through November 21st ), ALG exclusively provides NADA's B2B online customers free access to either their Fleet Residual Model or Online Calculator.

"The NADA Official Used Car Guide Company's B2B web site brings a large audience to ALG's online Residual Value products," said John Blair, ALG's chief executive officer. "We are pleased to be able to be part of the product offerings and look forward to new opportunities with NADA"

NADA, the leader in the new and used car and truck market for over 70 years, will promote residual products to its customers, especially those from the leader in the residual valuation industry. "We are excited to join forces with ALG," said Scott Lilja, executive director of the NADA Official Used Car Guide Company. "Our mission through this partnership is to create additional opportunities for our customers to access the highest quality vehicle data from the leaders in both the used and residual valuation business."

Specifically designed for the fleet/lease industry, the Fleet Residual Model incorporates market factors that only impact fleet resale values, so that customers can be assured that the values truly reflect what's occurring in their industry and only their industry. With this product, customers will be able to access fleet residuals of all new vehicles on a bimonthly basis, select monthly terms of any combination between four and 48 months, customize projections with vehicle conditions of clean, average and/or rough, place the annual contract mileage between 18,000 and 45,000 and customize options. The Online Calculator is based on a broader market and can help any industry determine residual values and monthly payment calculations. While using this product, NADA online customers can access all ALG editions-either the regional dollar guides for new and used vehicles or the national percentage guide for new vehicles in all ALG regions-add and deduct options, make mileage adjustments, and calculate monthly payments and residuals, with constant updates to the data. The Online Calculator even shows the values for all available terms, from 24 to 72 months.

"The initiatives announced today are only the beginning and we look forward to jointly bringing additional leading-edge solutions to the automotive industry and our mutual clientele, " adds Lilja.

Also in development is an NADA/ALG Mapping TableTM that would link the unique NADA vehicle identification code to the ALG vehicle ID. Providing such a customized, integrated product that includes both used vehicle values and residuals would benefit both NADA and ALG's customers by giving them a seamless valuation solution.

"The automotive industry continues to need integrated data solutions especially in the area of automotive finance," said John Blair, ALG's chief executive officer. "Our mapping project with the NADA Official Used Car Guide Company will provide our mutual customers an opportunity to create efficiencies and reduce mistakes in their data processing."

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About NADA Official Used Car Guide® Company www.NADAguides.com

The NADA Official Used Car Guide® Company, a NADASC subsidiary, has provided used vehicle valuation products and services to the auto, finance, fleet/lease, government and insurance industries since 1933. In addition to the NADA Official Used Car Guide® , NADA also produces the NADA e-Valuator® valuation software family, various developer’s tools, the ATD/NADA Commercial Truck Guide® , AuctionNet® Online, consumer and business Websites (nadaguides.com and nada.com/b2b), and a full line of appraisal guides, including RVs, boats and motorcycles.

About Automotive Lease Guide

Automotive Lease Guide, a privately held company in Santa Barbara, California, has been the benchmark for used car price residual values in the United States and Canada for over 35 years. ALG's objective is to provide residual values, analytical data products and consultation to the automotive industry.

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About NADA Appraisal Guides (NADAguides.com)
NADA Appraisal Guides is the world's largest publisher of used car price vehicle valuations and specification information for new and used cars, trucks, vans, and SUVs, as well as van conversions, limousines, classic and collectible cars, boats, RVs, motorcycles, snowmobiles, personal watercraft and manufactured housing. The company's consumer website, NADAguides.com (www.NADAguides.com), offers a variety of new and used vehicle services in addition to valuation information. Throughout its 70-year history, NADA Appraisal Guides has earned the reputation as the recognized authority for vehicle valuations. Its website, NADAguides.com, is the most comprehensive vehicle information resource on the Internet today.

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Kelley Blue Book

Used Car Guide:

Consumer Edition, January-June 2004

Editorial Reviews on Kelley Blue Book

(Kelley Blue Book Used Car Guide. Consumer Edition, Vol 12, January-June, 2004)

An essential resource for anyone looking to buy, sell, or trade in a used car, this portable volume provides the general public with information that was originally restricted to the automotive industry: original list prices, vehicle identification numbers (VINs), and trade-in, private-party, and retail values for vehicles, according to condition. First published in 1926 to help auto dealers, financial institutions, and others in the trade, the Kelley Blue Book has been available to consumers since 1993. This edition covers model years 1989 to 2003. Also included are values for additional options and equipment, a table of acceptable mileage ranges by year, and tips on buying a used car.

Blue Book Consumer Edition January-June 2004 - For only $9.95! Includes values for used cars, trucks and vans covering model years 1988 to 2002. The Consumer Edition includes three values:

• Retail
• Private Party
• Trade In

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