CarMax Home Office Receives National Green Building Designation

March 28, 2007

First Virginia Company with a LEED Silver Certified Corporate Headquarters RICHMOND, Va., March 27 /PRNewswire/ -- CarMax, Inc. (NYSE:KMX) , the nation's largest retailer of used cars, announced today that its home office in Richmond, Virginia has received Leadership in Energy and Environmental Design (LEED) Silver Certification by the U.S. Green Building Council (USGBC). LEED is the USGBC's leading edge system for designing and constructing the world's greenest and energy efficient buildings. CarMax is the first company to construct a LEED Certified building in Virginia as its corporate headquarters. Construction on the CarMax home office was complete in 2005. "Our home office is just another way in which we put our associates first," said Tom Folliard, president and chief executive officer at CarMax. "We have provided an open, and collaborative work environment, while also demonstrating our commitment to being a socially responsible company." CarMax's 250,000 square foot home office building is located on 130 acres of land in Goochland County, just outside of Richmond, Virginia in the West Creek Industrial Office Park. The building features bright colors in a vibrant, informal and non-hierarchical layout. Environmental features include the preservation of the trees, wetlands, and natural areas; the natural enhancement of daylight inside the building; and the use of recycled materials. "CarMax's achievement of LEED certification proves how much this company cares about its associates," said Rick Fedrizzi, President, CEO, Founding Chair, U.S. Green Building Council. "LEED certification ensures that CarMax's home office conserves resources and provides a comfortable indoor environment for its occupants." The CarMax home office includes office space for approximately 900 associates, a cafeteria and dining area, and training and meeting rooms. In addition to the main office building, the site features a fitness center, a multi-purpose basketball court, nearly two miles of walking trails and a parking garage. CarMax and its new home office have been recognized with several green design awards including: -- The 2006 Virginia Green Innovation Award for Best Commercial Project from the Virginia Sustainable Building Network -- The 2005 Go Green Award of Merit from the James River Green Building Council -- The 2005 Commonwealth Environmental Leadership Award for Best Green Building from the Charlottesville Waldorf Foundation The companies credited with the CarMax home office building project are ADD Inc, Cambridge, Mass., master planning, architecture and interior design; Millennium Retail Partners, LLC, Richmond, Va., owner representative; Brookwood Program Management, Atlanta, Ga., construction manager; KBS, Inc., Richmond, Va., contractor; Vanasse Hangen Brustlin, Inc., Richmond, Va. and Boston, Mass., landscape architect and civil engineer; AHA Consulting Engineers, Lexington, Mass., MEP/FP engineer; and McNamara/Salvia, Inc., Boston, Mass., structural engineer. About CarMax CarMax, a FORTUNE 500 company, and one of the FORTUNE 2007 "100 Best Companies to Work For," is the nation's largest retailer of used cars. CarMax currently operates 77 used car superstores in 36 markets. CarMax also operates seven new car franchises, all of which are co-located with its used car superstores. During the twelve month period ended November 30, 2006, the company sold 323,570 used cars, which is 94% of the total 342,482 vehicles the company retailed during that period.

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