DECISION BASED ON COMMITMENT TO CITY’S RECOVERY, EXPECTATION OF

CHICAGO (June 12, 2006) -The National Automobile Dealers Association (NADA) announced that it will hold its 2009 Convention & Exposition in New Orleans, as originally scheduled.  The unanimous decision was made by NADA's Executive Committee at its meeting in Chicago today.

"We welcome the opportunity to return to New Orleans for the automotive industry event of the year," said NADA President Phil Brady.  "This decision shows our commitment to do our part to help the city rebound from the devastation of Katrina."

NADA cited the city's steady progress in rebuilding its business and tourism infrastructure as a key factor in its decision.  The association will continue to work closely with the New Orleans Convention & Visitors Bureau, as well as city leaders, to ensure an outstanding event.

The last time NADA held its convention in New Orleans, in 2005, brought 27,000 visitors to the city, with an estimated economic impact of more than $50 million.