CarMax Announces Information for Upcoming Events

October 2, 2008 -- RBC Capital Markets Consumer Conference.

Mike Dolan, Executive Vice President and Chief Administrative Officer, will speak at the RBC Capital Markets Consumer Conference in New York, on October 2, 2008, beginning at 2:55 p.m. ET. Mr. Dolan will be in a panel discussion with two other companies. A live webcast will be available on the company's investor information homepage at http://investor.carmax.com.

October 15, 2008 -- Wachovia Consumer Growth Conference.

Joe Kunkel, Senior Vice President, Marketing and Strategy, will speak at the 2008 Wachovia Consumer Growth Conference in New York, on October 15, 2008, beginning at 9:30 a.m. ET. A live webcast will be available on the company's investor information homepage at http://investor.carmax.com.

October 29, 2008 -- Credit Suisse Retail Roundup.

Richard Smith, Senior Vice President and Chief Information Officer, will participate in a series of one-on-one meetings at the Credit Suisse Retail Roundup in Chicago, Illinois, on October 29, 2008. The roundup will not be webcast.

About CarMax

CarMax, a Fortune 500 company and one of the Fortune 2008 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 98 used car superstores in 46 markets. The CarMax consumer offer is structured around four core equities: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the fiscal year ended February 29, 2008, the company retailed 377,244 used vehicles and sold 222,406 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

SOURCE: CarMax, Inc.

CarMax, Inc. Investors and Financial Media: Katharine Kenny Assistant Vice President, Investor Relations 804-935-4591 or Celeste Gunter Manager, Investor Relations 804-935-4597 or General Media: Lisa Van Riper Assistant Vice President, Public Affairs 804-935-4594 or Trina Lee Public Relations Manager 804-747-0422, ext. 4197