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Gilman and Pastor Files Suit Against National Auto Finance Company

8 December 1998

Gilman and Pastor Files Suit Against National Auto Finance Company, Inc.

    BOSTON, Dec. 7 -- The following is being issued by the law
firm of Gilman and Pastor, LLP on behalf of persons who purchased National
Auto Finance Company, Inc. ("National Auto") stock between January 29, 1997
and July 8, 1998 (the "Class Period"):
    You are hereby notified that a class action has been commenced in the
United States District Court for the Southern District of Florida, on behalf
of all purchasers of National Auto stock during the Class Period, which
asserts claims under the federal securities laws.
    The complaint alleges that defendants violated the Securities Act of 1933
and the Exchange Act of 1934 by making false and misleading statements about
National Auto's revenues and earnings and by concealing losses through
improper and deceptive accounting practices.
    If you purchased shares of National Auto stock during the Class Period,
you may, but not later than December 28, 1998, move the Court to serve as lead
plaintiff of the Class, if you so choose.  To serve as lead plaintiff,
however, you must meet certain legal requirements.  If you have any questions
regarding this Notice, the lawsuit, or your rights and interests, please
contact Peter A. Lagorio of Gilman and Pastor, at One Boston Place, Boston,
Massachusetts 02108, by telephone 617-589-3750, by facsimile 617-589-3749, or
by e-mail at pl@gilmanpastor.com.
    Gilman and Pastor, LLP has extensive experience in prosecuting securities,
consumer protection and other class action litigation, and has successfully
represented many defrauded investors and consumers.  Visit the firm's website
at http://www.gilmanpastor.com