KAR Auction Services, Inc. Announces Participation in Upcoming Investor Conference

CARMEL, IN -- (Marketwire) -- 03/20/13 -- KAR Auction Services, Inc. (NYSE: KAR) today announced its participation in the following investor conference which will also be available via live audio webcast:

• Bank of America Merrill Lynch 2013 New York Auto Summit
  Eric Loughmiller, Executive Vice President and Chief Financial Officer, and Jonathan Peisner, Vice President and Treasurer, will speak on Wednesday, March 27th at 10:20 am EDT.

Webcasts of the presentation will be made available under the investor relations section of the company's web site, www.karauctionservices.com.

About KAR Auction Services

KAR Auction Services, Inc. (NYSE: KAR) is the holding company for ADESA, Inc., ("ADESA"), Insurance Auto Auctions, Inc., ("IAA") and Automotive Finance Corporation ("AFC"). ADESA is a leading provider of wholesale used vehicle auctions with 67 North American locations and its subsidiary OPENLANE provides a leading Internet automotive auction platform. Insurance Auto Auctions is a leading salvage vehicle auction company with 163 sites across North America. Automotive Finance Corporation is a leading provider of floorplan financing to independent and franchise used vehicle dealers with 104 sites across North America. Together, KAR Auction Services provides a unique, comprehensive, end-to-end solution for our customers' remarketing needs. Visit karauctionservices.com for additional information.