10.04.2006 12:00:00

Lithia Motors Inc. Declares Quarterly Dividend of $0.12 Per Share for the First Quarter of 2006

Lithia Motors, Inc. (NYSE:LAD) today announced that theBoard of Directors has approved a dividend of $0.12 per share for thefirst quarter of 2006. Shareholders of record as of April 21, 2006will receive the dividend that will be payable May 5, 2006.

About Lithia

Lithia Motors, Inc. is a Fortune 1000 and Russell 2000 Companythat sells 25 brands of new vehicles and operates 94 stores and 189franchises in 12 states in the Western United States and over theInternet through "Lithia.com-America's Car & Truck Store." Lithia alsosells used vehicles; arranges finance, warranty, and credit insurancecontracts; and provides vehicle parts, maintenance, and repairservices at all of its locations.

Additional Information

For additional information on Lithia Motors, contact the InvestorRelations Department: (541) 776-6591 or log-on to: www.lithia.com - goto Investor Relations

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Lithia Motors Inc. 338,00 -0,59% Lithia Motors Inc.