Lithia Motors Inc.

Sid DeBoer has served as the Chairman, Chief Executive Officer and Secretary since 1968. He also is a member of various automobile industry organizations, including the President's Club of the National Automobile Dealers Association, state auto dealers associations and the DaimlerChrysler National Dealer Council. Mr. DeBoer has earned several awards including the Time Magazine Quality Dealer Award in 1997, the Sports Illustrated All-Star Dealer Award in 1990 and Medford Chamber of Commerce Awards in 1986, 1991, 1993, 1998, 2000 and 2003. Mr. DeBoer is active with several community and charitable organizations, including Southern Oregon University Foundation Board, Oregon Community Foundation and Oregon Shakespeare Festival. Mr. DeBoer attended Stanford University and the University of Oregon.

M.L. Dick Heimann, Director, Vice Chairman. Mr. Heimann had served as the Chief Operating Officer and Director of the Company since 1970. In 1997 Mr. Heimann was appointed President and COO. In 2006, as part of Lithia’s succession planning, Mr. Bryan DeBoer was appointed President and COO, and Mr. Heimann served as President of Corporate Affairs. In March of 2007 Mr. Heimann was appointed Vice Chairman where he continues to focus on operations, franchise affairs, legal, compliance and special projects. Prior to joining the Company, Mr. Heimann served as a service representative and then as district manager for Chrysler Corporation from 1967 to 1970. Mr. Heimann is a graduate of the University of Colorado with a Bachelor of Arts in Pre-med and Language.

Jeffrey B. DeBoer, Senior Vice President and Chief Financial Officer. Mr. DeBoer has been with Lithia since March 1997, serving as Vice President, Finance/Investor Relations. Mr. DeBoer was promoted to Senior Vice President and Chief Financial Officer of the Company in March 2000. Prior to joining the Company, Mr. DeBoer was an equity analyst and sector fund manager at Fidelity Investments Japan from 1994 to 1997 and a Credit Officer at Fuji Bank, Ltd. in Tokyo, Japan from 1988 to 1992. He received his undergraduate degree cum laude from Pomona College in 1988 and a Masters of Business Administration from London Business School in 1994, with a specialty in finance and investment management. Jeff also attended the National Auto Dealers Association's Dealer Academy in 1998 where he was trained in all operational aspects of auto retailing management.

R. Bradford Gray, Director and Executive Vice President. Mr. Gray has served as Executive Vice President of the Company since 1996 and became a Director of the Company in 1996. From 1981 to 1995, he served in various capacities with the Company, including as General Manager of the Company’s Grants Pass (1991-1995) and Lithia Dodge (1989-1991) dealerships. Since 1975, Mr. Gray has held various positions in the automobile sales industry, including sales representative, sales manager and general manager.

Kyra Drennan has been with Lithia since 1980. She worked in Accounting, Service and Sales Support prior to moving into Information Systems. She was promoted to her current role of Vice President, Information Systems in 2000.

Gerald F. Taylor Director since 1998 Retired in 1998 as Senior Vice President and Chief Financial Officer of Applied Materials, Inc., a manufacturer of semiconductor equipment. He was employed by Applied Materials since 1984. He is also a director of Lithia Motors Inc.

Ms. Keller served as an automotive industry analyst with Kidder Peabody & Co. Inc. and Paine Webber from 1972 to 1983. She was a portfolio manager with Vilas-Fischer Associates from 1983 to 1986. She then served as a managing director of Furman Selz, an investment-banking firm, from 1986 to 1999. Ms. Keller also served as the Chairman of the Society of Automotive Analysts from 1994 to 1999. From July 1999 to November 2000, Ms. Keller served as the President of the Automotive Services unit of Priceline.com. Ms. Keller currently serves as the principal of Maryann Keller and Associates, a firm providing consulting services to automotive clients. She also, serves as a director of Dollar Thrifty Automotive Group, Inc., a publicly traded rental car company.

Tom Becker became a Director in March 1997. Mr. Becker is the Chief Executive Officer of Pacific Retirement Services, Inc. and Rogue Valley Manor, a continuing care retirement community, in Medford, Oregon. Pacific Retirement Services, Inc. is the parent corporation of over 30 retirement, senior housing and healthcare facilities in Oregon, California and Texas and provides management, operations and development services to non-profit retirement committees owned by others. Mr. Becker began his career with Rogue Valley Manor in January 1978. Mr. Becker holds a Bachelor of Science degree from the University of Oregon and serves on the Board of Directors of PremierWest Bancorp, Medford, Oregon.