ADESA, Inc. Announces Appointment of New Transfer Agent, Implementation of Dividend Reinvestment Plan

CARMEL, IN – ADESA, Inc. has named Mellon Investor Services LLC, as its new transfer agent, effective June 26, 2006. In conjunction with this appointment, ADESA, Inc. will now offer a dividend reinvestment and direct stock purchase plan, which will be administered by Mellon.

"In addition to providing new investors with the ability to make their initial investment in ADESA common stock directly through our new transfer agent, Mellon, Mellon's Investor Services Program offers existing stockholders of record a convenient and economical way to automatically reinvest their dividends and purchase additional shares of ADESA common stock," said ADESA, Inc. Chairman and CEO David Gartzke.