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KAR Auction Services, Inc. Announces Filing of Form 10-K for Fiscal 2010

February 24, 2011

For Immediate Release
Jonathan Peisner
Vice President and Treasurer
(317) 249-4390
jonathan.peisner@karauctionservices.com

KAR Auction Services, Inc. Announces Filing of Form 10-K for Fiscal 2010

Carmel, Ind. – KAR Auction Services, Inc. (NYSE: KAR) announced today that it has filed its Form 10-K with the Securities and Exchange Commission. The Form 10-K details the company’s complete, audited financial statements for the fiscal year ended December 31, 2010.

The Form 10-K has been posted to the company’s website and is available at the investor relations section of www.karauctionservices.com. Investors wishing to receive a hard copy of the report free of charge may contact Investor Relations at investor_relations@karauctionservices.com.

About KAR Auction Services, Inc.
KAR Auction Services, Inc. (NYSE: KAR) is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle auctions whose operations span North America with 70 used vehicle sites, Insurance Auto Auctions, Inc., a leading salvage auto auction company whose operations span North America with 159 sites and Automotive Finance Corporation, a leading provider of floorplan financing to independent and franchised used vehicle dealers with 88 sites across North America. For further information on KAR Auction Services, Inc., ADESA, Inc., Insurance Auto Auctions, Inc. or Automotive Finance Corporation, visit the company’s Web site at www.karauctionservices.com.