CarMax Associates Are Recognized for Volunteerism

  CarMax Associates Are Recognized for Volunteerism

  The CarMax Foundation Provides Grants to Nonprofits on Behalf of Associate
                                Award Winners

Business Wire

RICHMOND, Va. -- December 10, 2012

CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars,
announced today that The CarMax Foundation has recognized nine CarMax
associates for the third annual CarMax Cares Community Service Award.

Associates across the country were nominated for the CarMax Cares Community
Service Award for their personal volunteer efforts and leadership in community
giving. Winners of the award were honored at the company’s largest recognition
event of the year. Each selected a nonprofit organization to receive a $5,000
grant on their behalf from The CarMax Foundation.

The CarMax Cares Community Service Award winners and the nonprofits selected
are as follows:

  *Nathan Arrazate, service consultant, Jacksonville, Fla. Nathan led CarMax
    teams in numerous volunteer events to benefit Jacksonville organizations
    like Trinity Rescue Mission, Habitat for Humanity and Catty Shack Ranch
    Wildlife Sanctuary. Other projects and donation drives led by Nathan have
    supported City Rescue Mission, which will receive the $5,000 grant in
    support of its vision of transforming lives of the homeless.
  *Kairand Bellinger, sales manager, Tucson, Ariz. Kairand received this
    award for coordinating nearly 20 volunteer projects in one year for his
    store team with organizations like the YMCA, Humane Society, Big Brothers
    Big Sisters, and Leukemia and Lymphoma Society, as well as the Children’s
    Museum of Tucson. He has chosen California YMCA Youth & Government to
    receive the $5,000 grant.
  *Justin Booker, buyer, Madison, Tenn. Justin has taken a leading role in
    his store’s community giving efforts, coordinating or being a part of
    events that benefitted Nashville Zoo, Special Olympics, Wounded Warrior
    Project and the Salvation Army Angel Tree Program.  Special Kids will
    receive the $5,000 grant on his behalf to support services for children
    with special needs.
  *Travis Kennon, sales manager, Las Vegas, Nev. Travis has mentored youth
    with  Omega Psi Phi for 20 years and chose this organization’s scholarship
    program to receive the $5,000 grant. He spends time with underprivileged
    youth preparing them for job and scholarship interviews, and helps with
    fundraising events. He also works with Omega Gents visiting the homeless
    and elderly and holding winter clothing drives.
  *Racquel Martinez, service operator, Austin, Texas Racquel has not only
    coordinated multiple volunteer projects in the past year, but she also
    puts in the extra effort to make sure that both Austin CarMax locations
    can be a part of each event to benefit local charities. She chose Foster
    Angels of Central Texas to receive the $5,000 grant to improve the lives
    of children in foster care.
  *Lauren Packett, auction services marketing coordinator, Richmond, Va.
    Lauren has dedicated her time to a diverse group of organizations like
    Special Olympics, American Heart Association, American Cancer Society,
    Habitat for Humanity, March of Dimes and Boys & Girls Clubs. Her passion
    for animals leads her to volunteer with  Richmond SPCA and she chose this
    organization to receive the $5,000 grant.
  *Tim Reeves, production technician, Greensboro, N.C. Tim has committed
    years of Saturdays to The Arc of Greensboro acting as a head baseball
    coach of a team comprised of young people with special needs. Tim has
    invited fellow CarMax employees to join him as assistant coaches, and he
    participates in additional CarMax team events that benefit other
    Greensboro charities. The Arc of Greensboro will receive the $5,000 grant
    on his behalf.
  *Rebecca Sckrabulis, location general manager, Oak Lawn, Ill. Through her
    years at CarMax, Rebecca has led countless teams in events to benefit
    organizations like American Cancer Society, Toys for Tots, Boys & Girls
    Clubs, The Bridge Teen Center and Memorial Sloan-Kettering Cancer Center.
    She has also participated in wellness-focused events hosted by  Girls on
    the Run Chicago, which she chose to receive the $5,000 grant.
  *Brittany Shytles, sales consultant, Newport News, Va. Through Brittany’s
    leadership,  FoodBank of the Virginia Peninsula has hosted CarMax
    volunteers numerous times over the last several years for programs like
    Backpacks for Kids and Kids’ Café. The FoodBank will receive the $5,000
    grant. Brittany also coordinated a team for the March of Dimes March for
    Babies charity walk.

About The CarMax Foundation

The CarMax Foundation is designed to enrich the communities where our
associates live and work and has donated more than $13 million since 2003.
Funding programs are made available through a percentage of CarMax, Inc.’s net
income from prior years. CarMax, a member of the FORTUNE 500 and the S&P 500,
and one of the FORTUNE 2012 “100 Best Companies to Work For,” is the nation’s
largest retailer of used cars. Headquartered in Richmond, Va., CarMax
currently operates 116 used car superstores in 58 markets. The consumer offer
is structured by low, no haggle prices, a broad selection of CarMax Quality
Certified used cars, and superior customer service. During the twelve months
ended February 29, 2012, the company retailed 408,080 used cars and sold
316,649 wholesale vehicles at our in-store auctions. For more information on
The CarMax Foundation, visit http://www.carmaxcares.com.

Contact:

Media Contacts
Michelle Ellwood, Public Affairs Coordinator, 804-747-0422, ext. 4139,
Twitter: @CarMaxCares
Britt Farrar, Public Relations Manager, 804-747-0422, ext. 3473, Twitter:
@CarMax