Published: July 29, 2010

Lithia Motors Declares Dividend of $0.05 per Share for Second Quarter 2010

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Lithia Motors, Inc. (NYSE: LAD) today announced that the Board of Directors has approved a dividend of $0.05 per share for the second quarter 2010. Lithia will pay the dividend August 27th to shareholders of record on August 13th, 2010.

About Lithia
Lithia Motors, Inc. is the ninth largest automotive retailer in the United States and a Fortune 800 company. Lithia sells 26 brands of new and all brands of used vehicles at 84 stores, which are located in 12 states. Lithia also sells used vehicles; arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations.

For additional information on Lithia Motors, contact the Investor Relations Department at (541) 776-6591 or visit www.lithia.com and click on "Investor Relations."

Sites
www.lithia.com
www.lithiacares.com
www.lithiajobs.com

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