CARMAX AWARDS TWO AUTOMOTIVE SCHOLARSHIPS

Recipients Residents of Lawrenceville, Georgia and Bolingbrook, Illinois

For Media Inquiries Only Contact:

Laura Donahue
Vice President, Public Affairs
(804) 747-0422 ext. 4434
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Trina Lee
Director, Public Relations
(804) 747-0422, Ext. 4197
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Chris Wilmore
Assistant Public Relations Manager, New Media
(804) 747-0422, Ext. 4773
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Elia Imler
Assistant Public Relations Manager
(804) 747-0422, Ext. 4029
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RICHMOND, Va. (October 22, 2009) – CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, announced today that two high school graduates each received a $2,000 CarMax Service Operations Scholarship. The scholarship was established to benefit students interested in pursuing a career in Automotive Technology or Auto Collision.

The recipients of the scholarships are: Donovan Brads, a student at Nashville Auto Diesel College in Nashville, Tennessee originally from Lawrenceville, Georgia and Daniel Slouka, currently attending Universal Technical Institute in Glendale Heights, Illinois.

“Many rewarding careers can be found within the automotive industry,” says Ed Hill, vice president of service operations for CarMax. “By awarding deserving students these scholarships, we hope to see more dedicated professionals excel in our industry.”

The scholarship is open to immediate family members of CarMax associates. Other requirements include status as a high school senior or a high school graduate currently enrolled in an undergraduate course of study at an accredited two-year college, university or vocational-technical school. Scholarships recipients are not obligated to pursue employment with CarMax upon completion of their degree program.

 
About CarMax
CarMax, a Fortune 500 company, and one of the Fortune 2009 “100 Best Companies to Work For,” is the nation’s largest retailer of used cars. Headquartered in Richmond, Va., we currently operate 100 used car superstores in 46 markets. The CarMax consumer offer is structured around four customer benefits: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the twelve months ended February 28, 2009, the company retailed 345,465 used vehicles and sold 194,081 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com.


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Media Contacts
Trina Lee, Director, Public Relations, (804) 747-0422, ext.4197
Elia Imler, Assistant Manager, Public Relations, (804) 747-0422, ext. 4029, Twitter: CarMaxInc