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Tuesday September 3

Copart Acquires Public Auction Facility in Pennsylvania

Copart, Inc. has announced that its Motors Auction Group (MAG) subsidiary has acquired Greater Pittsburgh Auto Auction of West Mifflin, Pennsylvania. The acquisition expands Copart's national network of vehicle auction and storage locations to 95 sites in 40 states. Copart now operates five facilities in Pennsylvania including three Copart salvage auctions and two MAG public auction sites. In addition, Greater Pittsburgh is Copart's fifth MAG public auto auction location nationwide.

"Greater Pittsburgh is our second public auction acquisition in Pennsylvania this summer," said A. Jayson Adair, Copart's President. "This facility, along with the Mason-Dixon auction in Greencastle, PA that we acquired in July, gives us great coverage for used vehicle suppliers in western and central Pennsylvania."

Since August 2001, Copart has added 11 locations including three MAG sites in New Castle, DE; Greencastle, PA and West Mifflin, PA, and eight Copart salvage sites in Savannah, GA; Tifton, GA; Charleston, WV; Lyman, ME; Tucson, AZ; Somerville, NJ; Haslet, TX and Amarillo, TX.

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