IAAI Insurance Auto Auctions (MM)

Insurance Auto Auctions Announces Fourth Quarter and Year-End 2003 Earnings Conference Call SCHAUMBURG, Ill., Feb. 23 /PRNewswire-FirstCall/ -- Insurance Auto Auctions, Inc. , a leading provider of automotive salvage and claims processing services in the United States, will hold a conference call with institutional investors, security analysts and other interested parties at 11:00 AM Eastern Standard Time on Friday, February 27, 2004 to discuss its fourth quarter and year-end results, which will be released earlier that day. Insurance Auto Auctions' Chief Executive Officer, Thomas C. O'Brien and Chief Financial Officer, Scott P. Pettit, will co-host the call. To participate by phone, please dial: 877-307-4802 Callers should ask to beconnected to the Insurance Auto Auctions earnings conference call. The call will also be broadcast over the Internet at http://www.streetevents.com/. *Please allow 15 minutes to register, download and install any necessary audio software. A replay will be available until midnight EST on March 5, 2004. To listen to the replay, please dial: 800-642-1687 To listen to the replay, callers should enter conference reservation code 5412994 when prompted. About Insurance Auto Auctions, Inc. Insurance Auto Auctions, Inc., founded in 1982, a leader in automotive total loss and specialty salvage services in the United States, provides insurance companies with cost-effective, turnkey solutions to process and sell total-loss and recovered-theft vehicles. The Company currently has 75 sites across the United States. Additional information about Insurance Auto Auctions, Inc. is available on the World Wide Web at http://www.iaai.com/ . Website: http://www.iaai.com DATASOURCE: Insurance Auto Auctions, Inc. CONTACT: Scott Pettit, Chief Financial Officer of Insurance Auto Auctions, Inc., +1-847-839-4040, or General Inquiries, Chris Kettmann of Ashton Partners, +1-312-553-6716

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