RICHMOND, Va. (October 22, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Boys & Girls Clubs of Metro Atlanta a $15,000 grant as part of the Foundation’s Regional Giving Program.

The Boys & Girls Clubs received the funds for the Power Hour homework and tutoring program. This program offers a structured environment for all club members, ages six to 18, to complete their homework and ask for one-on-one assistance when needed. Power Hour provides support and guidance allowing club members to have a better understanding of the work they are doing and to arrive at school better prepared for class and tests.

“Homework is a crucial part of the education process, especially as students get closer to college,” said Ed Ragsdale, Atlanta Regional Giving Committee chairperson and CarMax location general manager in Atlanta. “The CarMax Foundation is proud to support this program that encourages young people to take the time to commit to daily homework assignments, which will lead to great academic accomplishments.”

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