Group 1 Automotive Announces a 7.7 Percent Dividend Increase

"We are pleased to be able to share our improving performance withour shareholders," said Earl J. Hesterberg, Group 1's president andchief executive officer. "We continue to look for ways to reward ourshareholders, and this dividend increase is the latest example."

About Group 1 Automotive, Inc.

Group 1 owns 95 automotive dealerships comprised of 138franchises, 32 brands and 30 collision service centers in California,Colorado, Florida, Georgia, Louisiana, Massachusetts, New Hampshire,New Jersey, New Mexico, New York, Oklahoma and Texas. Through itsdealerships, the company sells new and used cars and light trucks;arranges related financing, vehicle service and insurance contracts;provides maintenance and repair services; and sells replacement parts.

Group 1 Automotive can be reached on the Internet atwww.group1auto.com.