Auto Disposal of Memphis, Inc. Watch

from S-1/A 331 pages $1,865,000,000 Credit Agreement Kar Holdings II, LLC Holdings Kar Holdings, Inc. Borrower the Lenders Party Hereto Bear Stearns Corporate Lending Inc. Administrative Agent Ubs Securities LLC Syndication Agent Goldman Sachs Credit Partners L.P. Deutsche Bank Securities Inc. Co-Documentation Agents Bear, Stearns & Co. Inc. Ubs Securities LLC Goldman Sachs Credit Partners L.P. Joint Bookrunners Dated as of April 20, 2007 Bear, Stearns & Co. Inc. and Ubs Securities LLC Joint Lead Arrangers

from S-1/A 255 pages $1,865,000,000 Credit Agreement Kar Holdings II, LLC Holdings Kar Holdings, Inc. Borrower the Lenders Party Hereto Bear Stearns Corporate Lending Inc. Administrative Agent Ubs Securities LLC Syndication Agent Goldman Sachs Credit Partners L.P. Deutsche Bank Securities Inc. Co-Documentation Agents Bear, Stearns & Co. Inc. Ubs Securities LLC Goldman Sachs Credit Partners L.P. Joint Bookrunners Dated as of April 20, 2007 Bear, Stearns & Co. Inc. and Ubs Securities LLC Joint Lead Arrangers