CARS Cars com Inc

Capital Automotive Prices Public Offering of 1,000,000 Common Shares MCLEAN, Va., March 29 /PRNewswire-FirstCall/ -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced that it has priced a public offering of 1,000,000 of its common shares at $35.15 per share. Net proceeds of the offering are expected to be approximately $35 million. All of the common shares are being sold by the company. J.P. Morgan Securities Inc. is solebookrunner for the offering. Copies of the prospectus supplement may be obtained from the offices of J. P. Morgan Securities Inc., 277 Park Avenue, New York, NY 10072, telephone: 212-552-5164. A registration statement relating to these securities hasbeen filed with the Securities and Exchange Commission and is effective. This announcement shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any offer of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. About Capital Automotive Capital Automotive, headquartered in McLean, Virginia, is a self- administered, self-managed real estate investment trust that acquires real property and improvements used by operators of multi-site, multi-franchised automotive dealerships and related businesses. Additional information on Capital Automotive is available on the Company's Web site at http://www.capitalautomotive.com/. Contact Information: David S. Kay Vice President, Chief Financial Officer and Treasurer Capital Automotive REIT 703-394-1302 DATASOURCE: Capital Automotive REIT CONTACT: David S. Kay, Vice President, Chief Financial Officer and Treasurer of Capital Automotive REIT, +1-703-394-1302 Web site: http://www.capitalautomotive.com/

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