CARMAX AWARDED MARYLAND "WORKPLACE EXCELLENCE" SEAL OF APPROVAL FOR FIFTH CONSECUTIVE YEAR

RICHMOND, Va., (June 3, 2009) – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received the 2009 Workplace Excellence Award for the fifth consecutive year. CarMax, which has more than 1,200 associates in the greater Washington, D.C. area, was selected for this award by the Alliance for Workplace Excellence.

“CarMax strives to provide an ethical, honest and transparent car-buying experience and this begins with each of our associates,” said Tom Marcey, Mid-Atlantic regional vice president for CarMax. “We are again honored to be recognized by the Alliance for Workplace Excellence for providing a diverse and enjoyable workplace. Each year, we aim to improve our programs and provide each associate with a positive work-life balance.”

The Workplace Excellence Seal of Approval recognizes visionary employers that view workplace excellence as a strategic business imperative. Award-winners are selected based on the merit of an application submitted to an Independent Review Panel.

The Alliance for Workplace Excellence is a 501(c)3 nonprofit organization committed to positioning workplace excellence as a competitive advantage in the public, private and nonprofit business community by building and recognizing Excellent Places to Work™.

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., CarMax currently operates 100 used car superstores in 46 markets. The CarMax consumer offer provides our customers the opportunity to shop for vehicles the way they shop for items at other national retailers, and it 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 its in-store auctions. For more information, access the CarMax website at http://www.carmax.com/_.

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

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