KAR Holdings, Inc. to Announce Third Quarter 2007 Results

    CARMEL, IND, November 7 /CNW/ - KAR Holdings, Inc. announced today that
it will be releasing its third quarter 2007 financial results on Tuesday,
November 13, 2007. KAR Holdings, Inc. is the holding company for ADESA Inc.,
Automotive Finance Corporation and Insurance Auto Auctions, Inc.

    KAR Holdings, Inc. will also be hosting an earnings conference call
Wednesday, November 14, 2007 at 11:00 a.m. EDT (10:00 a.m. CDT). The call will
be hosted by KAR Holdings, Inc.'s Chairman and Chief Executive Officer Brian
Clingen and Executive Vice President and Chief Financial Officer, Eric
Loughmiller. The conference call may be accessed by calling 888-245-0987 and
entering participant passcode 4715390.

    A replay of the call will also be available for two weeks via telephone
starting approximately 30 minutes after the completion of the call. The replay
may be accessed by calling 888-203-1112 in the U.S., or 719-457-0820 for
international callers, and entering conference code 4715390.

    About KAR Holdings, Inc.

    KAR Holdings, Inc. is the holding company for ADESA, a leading provider
of wholesale used vehicle auctions whose operations span North America with 58
used vehicle sites, Insurance Auto Auctions, Inc., a leader in total
automotive loss control and specialty salvage services in the United States
whose operations span North America with 137 sites and Automotive Finance
Corporation, the premier capital funding source for the used vehicle industry
with 91 sites across North America. For further information on ADESA,
Insurance Auto Auctions, Inc. or Automotive Finance Corporation, visit the
company's Web sites at http://www.adesainc.com and http://www.iaai.com.

For further information:

For further information: KAR Holdings, Inc. Eric Loughmiller, Executive
Vice President & Chief Financial Officer, 317-249-4254

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