RICHMOND, Va. (October 23, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Boys & Girls Club of North Alabama a $5,000 grant as part of the Foundation’s Regional Giving Program.

The Boys & Girls Club received the funds for the Goals for Graduation program. This program is for club members ages six through 15 and encourages them to set academic goals, no matter how large or small. These goals develop greater confidence in academic ability, and improve grades, high school graduation rates, behavior, attendance, and a genuine interest in learning.

“The CarMax Foundation is honored to support the Goals for Graduation program,” said Jim Roach, Florida Regional Giving Committee member and CarMax sales manager in Huntsville. “These young people are learning that even seemingly small academic achievements today are giant steps toward academic success as they approach high school graduation and beyond.”

The CarMax Foundation’s Regional Giving Program reinforces CarMax's commitment to funding programs that improve local communities. The Regional Giving Program provides grants to qualifying nonprofit organizations that have programs focused on education and youth leadership. CarMax associates working within each of the regions select the local organizations to recommend for grants.

About the CarMax Foundation
The CarMax Foundation’s Regional Funding Program is designed to enrich the communities where our associates live and work. The Foundation is supported by CarMax and The CarMax Foundation funding programs are made available through a percentage of CarMax, Inc.’s net income from the prior years. 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., CarMax currently operates 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 on The CarMax Foundation, visit http://www.carmaxcares.com/.

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Media Contacts
Trina H. Lee, Director, Public Relations, 804- 747-0422, ext. 4197, Twitter: @CarMaxInc
Michelle T. Ellwood, Public Affairs Coordinator, 804-747-0422, ext. 4139, Twitter: @CarMaxCares