SC 13D/A
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 21)*
AutoNation, Inc.
 
(Name of Issuer)
Common Stock, par value $0.01 per share
 
(Title of Class of Securities)
05329W102
 
(CUSIP Number)
John G. Finley, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, New York 10017
(212) 455-2000
 
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
May 8, 2008
 
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

ESL Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   50,611,998
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   50,611,998
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

ESL Institutional Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

ESL Investors, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   9,767,671
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   9,767,671
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

ESL Investments, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   68,768,704
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   68,768,704
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  CO


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

CBL Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   5,712,083
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   5,712,083
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

Tynan, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   2,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   2,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

ESL Investment Management, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   61,964
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   61,964
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102 
  Page  
  of   
25 

 

           
1   NAME OF REPORTING PERSON

RBS Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   62,834,920
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   62,834,920
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102 
  Page  
10 
  of   
25 

 

           
1   NAME OF REPORTING PERSON

RBS Investment Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102 
  Page  
11 
  of   
25 

 

           
1   NAME OF REPORTING PERSON

Edward S. Lampert
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   68,960,668
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   68,960,668
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  IN


 

                     
CUSIP No.
 
05329W102 
  Page  
12 
  of   
25 

 

           
1   NAME OF REPORTING PERSON

William C. Crowley
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   172,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   172,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  69,133,074
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  38.7%
     
14   TYPE OF REPORTING PERSON
   
  IN


 

PAGE 13 OF 25
     This Amendment No. 21 to Schedule 13D (this “Amendment”) relates to shares of common stock, par value $0.01 per share (“Shares”), of AutoNation, Inc. (the “Issuer”). This Amendment No. 21 supplementally amends the statement on Schedule 13D, as amended, filed by a group consisting of ESL Partners, L.P., a Delaware limited partnership (“ESL”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), ESL Investments, Inc. (“Investments”), CBL Partners, L.P., a Delaware limited partnership (“CBL”), Tynan, LLC (“Tynan”), ESL Investment Management, L.P., a Delaware limited partnership (“ESLIM”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), RBS Investment Management, L.L.C., a Delaware limited liability company (“RBSIM”), Edward S. Lampert, and William C. Crowley, both United States citizens, by furnishing the information set forth below. ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, RBS, RBSIM, Mr. Lampert and Mr. Crowley are collectively defined in this Amendment as the “Filing Persons.” Unless set forth below, all previous Items are unchanged. Capitalized terms used herein which are not defined herein have the meanings given to them in the Schedule 13D, as amended, previously filed with the Securities and Exchange Commission.
     The Filing Persons are filing this Amendment No. 21 to report that the number of Shares that they may be deemed to beneficially own has increased by an amount greater than one percent of the outstanding Shares of the Issuer.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is supplemented as follows:
     In open market purchases on April 28, 2008, April 29, 2008, April 30, 2008, May 6, 2008, May 7, 2008, May 8, 2008 and May 9, 2008, ESL acquired an aggregate of 1,817,228 shares for aggregate consideration of approximately $29,190,581 using working capital. In open market purchases on April 28, 2008, April 29, 2008, April 30, 2008, May 6, 2008, May 7, 2008, May 8, 2008 and May 9, 2008, an account established by the investment member of Investors acquired 389,325 shares for aggregate consideration of approximately $6,247,886 using working capital.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety to read as follows:
     (a)-(b) The Filing Persons may be deemed to beneficially own an aggregate of 69,133,074 Shares (approximately 38.7% of the outstanding Shares based on the Issuer having 178,535,962 Shares outstanding on April 21, 2008, as disclosed in the Issuer’s last quarterly report on Form 10-Q).
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
ESL Partners,L.P.
    69,133,074 (1)     38.7 %     50,611,998       0       50,611,998       0  
 
                                               
ESL Institutional Partners, L.P.
    69,133,074 (1)     38.7 %     221,701       0       221,701       0  
 
                                               
ESL Investors, L.L.C.
    69,133,074 (1)     38.7 %     9,767,671       0       9,767,671       0  
 
                                               
ESL Investments, Inc.
    69,133,074 (1)     38.7 %     68,768,704 (2)     0       68,768,704 (2)     0  
 
                                               
CBL Partners, L.P.
    69,133,074 (1)     38.7 %     5,712,083       0       5,712,083       0  
 
                                               
Tynan, LLC
    69,133,074 (1)     38.7 %     2,406       0       2,406       0  

 


 

PAGE 14 OF 25
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
ESL Investment Management, L.P.
    69,133,074 (1)     38.7 %     61,964       0       61,964       0  
 
                                               
RBS Partners, L.P.
    69,133,074 (1)     38.7 %     62,834,920 (3)     0       62,834,920 (3)     0  
 
                                               
RBS Investment Management, L.L.C.
    69,133,074 (1)     38.7 %     221,701 (4)     0       221,701 (4)     0  
 
                                               
Edward S. Lampert
    69,133,074 (1)     38.7 %     68,960,668 (5)     0       68,960,668 (5)     0  
 
                                               
William C. Crowley
    69,133,074 (1)     38.7 %     172,406 (6)     0       172,406 (6)     0  
 
(1)  This number consists of 50,611,998 Shares held by ESL, 221,701 Shares held by Institutional, 9,767,671 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 2,406 Shares held by Tynan, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS, 130,000 Shares held by Mr. Lampert and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
(2)  This number consists of 50,611,998 Shares held by ESL, 221,701 Shares held by Institutional, 9,767,671 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL and 2,455,251 Shares held by RBS.
(3)  This number consists of 50,611,998 Shares held by ESL, 9,767,671 Shares held in an account established by the investment member of Investors and 2,455,251 Shares held by RBS.
(4)  This number consists of 221,701 Shares held by Institutional.
(5)  This number consists of 50,611,998 Shares held by ESL, 221,701 Shares held by Institutional, 9,767,671 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS and 130,000 Shares held by Mr. Lampert.
(6)  This number consists of 2,406 Shares held by Tynan and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
     (c) Other than as set forth in Annex A hereto, there have been no transactions in Shares by any of the Filing Persons during the past 60 days.
     (d) Not applicable.
     (e) Not applicable.

 


 

PAGE 15 OF 25
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: May 12, 2008
         
    ESL PARTNERS, L.P.
 
       
 
  By:   RBS Partners, L.P., as its general partner
 
       
 
  By:   ESL Investments, Inc., as its general partner
 
       
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    ESL INSTITUTIONAL PARTNERS, L.P.
 
       
 
  By:   RBS Investment Management, L.L.C., as its general partner
 
       
 
  By:   ESL Investments, Inc., as its manager
 
       
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    ESL INVESTORS, L.L.C.
 
       
 
  By:   RBS Partners, L.P., as its manager
 
       
 
  By:   ESL Investments, Inc., as its general partner
 
       
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    ESL INVESTMENTS, INC.
 
       
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer

 


 

PAGE 16 OF 25
         
    CBL PARTNERS, L.P.
 
       
 
  By:   ESL Investments, Inc., as its general partner
 
       
 
  By:   /s/Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    TYNAN, LLC
 
       
 
  By:   /s/ William C. Crowley
 
       
 
      Name: William C. Crowley
 
      Title: Member
 
       
    ESL INVESTMENT MANAGEMENT, L.P.
 
       
    By: ESL INVESTMENT MANAGEMENT (GP), L.L.C., its general        partner
 
       
 
  By:   /s/ Edward S. Lampert
 
       
 
      Name: Edward S. Lampert
Title: Managing Member
 
       
    RBS PARTNERS, L.P.
 
       
 
  By:   ESL Investments, Inc., as its general partner
 
       
 
  By:   /s/Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    RBS INVESTMENT MANAGEMENT, L.L.C.
 
       
 
  By:   ESL Investments, Inc., as its manager
 
       
 
  By:   /s/Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
       
    EDWARD S. LAMPERT
 
       
    /s/ Edward S. Lampert
     
    Edward S. Lampert
 
       
    WILLIAM C. CROWLEY
 
    /s/ William C. Crowley
     
    William C. Crowley

 


 

PAGE 17 of 25
ANNEX A
RECENT TRANSACTIONS BY THE FILING PERSONS IN THE SECURITIES OF
AUTONATION, INC.
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  4/28/2008   open market purchase     3,600 (1)   $ 15.62  
ESL Partners, L.P.
  4/28/2008   open market purchase     375 (1)   $ 15.65  
ESL Partners, L.P.
  4/28/2008   open market purchase     1,350 (1)   $ 15.67  
ESL Partners, L.P.
  4/28/2008   open market purchase     1,875 (1)   $ 15.68  
ESL Partners, L.P.
  4/28/2008   open market purchase     10,725 (1)   $ 15.7  
ESL Partners, L.P.
  4/28/2008   open market purchase     1,650 (1)   $ 15.72  
ESL Partners, L.P.
  4/28/2008   open market purchase     450 (1)   $ 15.74  
ESL Partners, L.P.
  4/28/2008   open market purchase     17,252 (1)   $ 15.69  
ESL Partners, L.P.
  4/28/2008   open market purchase     4,650 (1)   $ 15.76  
ESL Partners, L.P.
  4/28/2008   open market purchase     900 (1)   $ 15.77  
ESL Partners, L.P.
  4/28/2008   open market purchase     3,970 (1)   $ 15.78  
ESL Partners, L.P.
  4/28/2008   open market purchase     2,175 (1)   $ 15.79  
ESL Partners, L.P.
  4/28/2008   open market purchase     1,050 (1)   $ 15.8  
ESL Partners, L.P.
  4/28/2008   open market purchase     150 (1)   $ 15.83  
ESL Partners, L.P.
  4/28/2008   open market purchase     15,223 (1)   $ 15.75  
ESL Partners, L.P.
  4/28/2008   open market purchase     8,211 (1)   $ 15.84  
ESL Partners, L.P.
  4/28/2008   open market purchase     7,580 (1)   $ 15.85  
ESL Partners, L.P.
  4/28/2008   open market purchase     5,102 (1)   $ 15.88  


 

PAGE 18 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  4/28/2008   open market purchase     1,050 (1)   $ 15.89  
ESL Partners, L.P.
  4/28/2008   open market purchase     225 (1)   $ 15.9  
ESL Partners, L.P.
  4/28/2008   open market purchase     2,154 (1)   $ 15.96  
ESL Partners, L.P.
  4/28/2008   open market purchase     5,025 (1)   $ 15.97  
ESL Partners, L.P.
  4/28/2008   open market purchase     10,500 (1)   $ 15.98  
ESL Partners, L.P.
  4/28/2008   open market purchase     15,323 (1)   $ 15.99  
ESL Partners, L.P.
  4/28/2008   open market purchase     158,250 (1)   $ 16  
ESL Partners, L.P.
  4/28/2008   open market purchase     75 (1)   $ 15.81  
ESL Partners, L.P.
  4/28/2008   open market purchase     150 (1)   $ 15.835  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     1,200 (1)   $ 15.62  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     125 (1)   $ 15.65  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     450 (1)   $ 15.67  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     625 (1)   $ 15.68  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     3,575 (1)   $ 15.7  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     550 (1)   $ 15.72  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     150 (1)   $ 15.74  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     5,751 (1)   $ 15.69  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     1,550 (1)   $ 15.76  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     300 (1)   $ 15.77  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     1,323 (1)   $ 15.78  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     725 (1)   $ 15.79  


 

PAGE 19 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  4/28/2008   open market purchase     350 (1)   $ 15.8  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     50 (1)   $ 15.83  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     5,074 (1)   $ 15.75  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     2,739 (1)   $ 15.84  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     2,527 (1)   $ 15.85  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     1,701 (1)   $ 15.88  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     350 (1)   $ 15.89  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     75 (1)   $ 15.9  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     716 (1)   $ 15.96  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     1,675 (1)   $ 15.97  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     3,500 (1)   $ 15.98  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     5,107 (1)   $ 15.99  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     52,750 (1)   $ 16  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     25 (1)   $ 15.81  
ESL Investors, L.L.C.
  4/28/2008   open market purchase     50 (1)   $ 15.835  
ESL Partners, L.P.
  4/29/2008   open market purchase     31,500 (1)   $ 16  
ESL Partners, L.P.
  4/29/2008   open market purchase     16,968 (1)   $ 15.99  
ESL Partners, L.P.
  4/29/2008   open market purchase     35,186 (1)   $ 15.98  
ESL Partners, L.P.
  4/29/2008   open market purchase     7,224 (1)   $ 15.97  
ESL Partners, L.P.
  4/29/2008   open market purchase     16,296 (1)   $ 15.96  
ESL Partners, L.P.
  4/29/2008   open market purchase     62,933 (1)   $ 15.95  
ESL Partners, L.P.
  4/29/2008   open market purchase     168 (1)   $ 15.945  


 

PAGE 20 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  4/29/2008   open market purchase     6,720 (1)   $ 15.94  
ESL Partners, L.P.
  4/29/2008   open market purchase     7,385 (1)   $ 15.93  
ESL Partners, L.P.
  4/29/2008   open market purchase     7,644 (1)   $ 15.91  
ESL Partners, L.P.
  4/29/2008   open market purchase     8,736 (1)   $ 15.9  
ESL Partners, L.P.
  4/29/2008   open market purchase     756 (1)   $ 15.89  
ESL Partners, L.P.
  4/29/2008   open market purchase     84 (1)   $ 15.975  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     6,000 (1)   $ 16  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     3,232 (1)   $ 15.99  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     6,702 (1)   $ 15.98  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     1,376 (1)   $ 15.97  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     3,104 (1)   $ 15.96  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     11,987 (1)   $ 15.95  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     32 (1)   $ 15.945  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     1,280 (1)   $ 15.94  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     1,407 (1)   $ 15.93  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     1,456 (1)   $ 15.91  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     1,664 (1)   $ 15.9  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     144 (1)   $ 15.89  
ESL Investors, L.L.C.
  4/29/2008   open market purchase     16 (1)   $ 15.975  
ESL Partners, L.P.
  4/30/2008   open market purchase     3,192 (1)   $ 15.89  
ESL Partners, L.P.
  4/30/2008   open market purchase     4,536 (1)   $ 15.9  
ESL Partners, L.P.
  4/30/2008   open market purchase     18,272 (1)   $ 15.92  
ESL Partners, L.P.
  4/30/2008   open market purchase     18,480 (1)   $ 15.93  


 

PAGE 21 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  4/30/2008   open market purchase     1,680 (1)   $ 15.94  
ESL Partners, L.P.
  4/30/2008   open market purchase     252 (1)   $ 15.945  
ESL Partners, L.P.
  4/30/2008   open market purchase     18,404 (1)   $ 15.95  
ESL Partners, L.P.
  4/30/2008   open market purchase     11,264 (1)   $ 15.96  
ESL Partners, L.P.
  4/30/2008   open market purchase     168 (1)   $ 15.965  
ESL Partners, L.P.
  4/30/2008   open market purchase     38,857 (1)   $ 15.97  
ESL Partners, L.P.
  4/30/2008   open market purchase     252 (1)   $ 15.975  
ESL Partners, L.P.
  4/30/2008   open market purchase     16,204 (1)   $ 15.98  
ESL Partners, L.P.
  4/30/2008   open market purchase     7,812 (1)   $ 15.99  
ESL Partners, L.P.
  4/30/2008   open market purchase     182,767 (1)   $ 16  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     608 (1)   $ 15.89  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     864 (1)   $ 15.9  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     3,480 (1)   $ 15.92  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     3,520 (1)   $ 15.93  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     320 (1)   $ 15.94  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     48 (1)   $ 15.945  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     3,506 (1)   $ 15.95  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     2,146 (1)   $ 15.96  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     32 (1)   $ 15.965  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     7,401 (1)   $ 15.97  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     48 (1)   $ 15.975  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     3,087 (1)   $ 15.98  
ESL Investors, L.L.C.
  4/30/2008   open market purchase     1,488 (1)   $ 15.99  


 

PAGE 22 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  4/30/2008   open market purchase     34,812 (1)   $ 16  
ESL Partners, L.P.
  5/6/2008   open market purchase     1,176 (1)   $ 16.09  
ESL Partners, L.P.
  5/6/2008   open market purchase     420 (1)   $ 16.15  
ESL Partners, L.P.
  5/6/2008   open market purchase     2,436 (1)   $ 16.16  
ESL Partners, L.P.
  5/6/2008   open market purchase     1,680 (1)   $ 16.17  
ESL Partners, L.P.
  5/6/2008   open market purchase     2,475 (1)   $ 16.18  
ESL Partners, L.P.
  5/6/2008   open market purchase     21,000 (1)   $ 16.19  
ESL Partners, L.P.
  5/6/2008   open market purchase     1,680 (1)   $ 16.21  
ESL Partners, L.P.
  5/6/2008   open market purchase     1,764 (1)   $ 16.22  
ESL Partners, L.P.
  5/6/2008   open market purchase     2,436 (1)   $ 16.23  
ESL Partners, L.P.
  5/6/2008   open market purchase     2,688 (1)   $ 16.24  
ESL Partners, L.P.
  5/6/2008   open market purchase     14,156 (1)   $ 16.25  
ESL Partners, L.P.
  5/6/2008   open market purchase     32,089 (1)   $ 16.2  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     224 (1)   $ 16.09  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     80 (1)   $ 16.15  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     464 (1)   $ 16.16  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     320 (1)   $ 16.17  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     472 (1)   $ 16.18  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     4,000 (1)   $ 16.19  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     320 (1)   $ 16.21  


 

PAGE 23 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/6/2008   open market purchase     336 (1)   $ 16.22  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     464 (1)   $ 16.23  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     512 (1)   $ 16.24  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     2,696 (1)   $ 16.25  
ESL Investors, L.L.C.
  5/6/2008   open market purchase     6,112 (1)   $ 16.2  
ESL Partners, L.P.
  5/8/2008   open market purchase     1,680 (1)   $ 15.81  
ESL Partners, L.P.
  5/8/2008   open market purchase     2,520 (1)   $ 15.84  
ESL Partners, L.P.
  5/8/2008   open market purchase     78,036 (1)   $ 15.85  
ESL Partners, L.P.
  5/8/2008   open market purchase     21,588 (1)   $ 15.95  
ESL Partners, L.P.
  5/8/2008   open market purchase     3,108 (1)   $ 15.99  
ESL Partners, L.P.
  5/8/2008   open market purchase     38,304 (1)   $ 16  
ESL Partners, L.P.
  5/8/2008   open market purchase     588 (1)   $ 16.02  
ESL Partners, L.P.
  5/8/2008   open market purchase     1,764 (1)   $ 16.03  
ESL Partners, L.P.
  5/8/2008   open market purchase     4,788 (1)   $ 16.04  
ESL Partners, L.P.
  5/8/2008   open market purchase     114,408 (1)   $ 16.05  
ESL Partners, L.P.
  5/8/2008   open market purchase     9,324 (1)   $ 16.06  
ESL Partners, L.P.
  5/8/2008   open market purchase     10,164 (1)   $ 16.07  
ESL Partners, L.P.
  5/8/2008   open market purchase     7,476 (1)   $ 16.08  
ESL Partners, L.P.
  5/8/2008   open market purchase     23,688 (1)   $ 16.09  
ESL Partners, L.P.
  5/8/2008   open market purchase     20,916 (1)   $ 16.1  
ESL Partners, L.P.
  5/8/2008   open market purchase     3,444 (1)   $ 16.11  
ESL Partners, L.P.
  5/8/2008   open market purchase     5,292 (1)   $ 16.12  
ESL Partners, L.P.
  5/8/2008   open market purchase     2,268 (1)   $ 16.13  
ESL Partners, L.P.
  5/8/2008   open market purchase     1,260 (1)   $ 16.14  
ESL Partners, L.P.
  5/8/2008   open market purchase     47,964 (1)   $ 16.15  


 

PAGE 24 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/8/2008   open market purchase     20,916 (1)   $ 16.16  
ESL Partners, L.P.
  5/8/2008   open market purchase     13,569 (1)   $ 16.17  
ESL Partners, L.P.
  5/8/2008   open market purchase     336 (1)   $ 16.18  
ESL Partners, L.P.
  5/8/2008   open market purchase     3,399 (1)   $ 16.19  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     320 (1)   $ 15.81  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     480 (1)   $ 15.84  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     14,864 (1)   $ 15.85  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     4,112 (1)   $ 15.95  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     592 (1)   $ 15.99  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     7,296 (1)   $ 16  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     112 (1)   $ 16.02  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     336 (1)   $ 16.03  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     912 (1)   $ 16.04  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     21,792 (1)   $ 16.05  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     1,776 (1)   $ 16.06  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     1,936 (1)   $ 16.07  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     1,424 (1)   $ 16.08  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     4,512 (1)   $ 16.09  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     3,984 (1)   $ 16.1  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     656 (1)   $ 16.11  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     1,008 (1)   $ 16.12  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     432 (1)   $ 16.13  


 

PAGE 25 OF 25

                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/8/2008   open market purchase     240 (1)   $ 16.14  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     9,136 (1)   $ 16.15  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     3,984 (1)   $ 16.16  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     2,585 (1)   $ 16.17  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     64 (1)   $ 16.18  
ESL Investors, L.L.C.
  5/8/2008   open market purchase     647 (1)   $ 16.19  
ESL Partners, L.P.
  5/9/2008   open market purchase     56,848 (1)   $ 15.99  
ESL Investors, L.L.C.
  5/9/2008   open market purchase     14,152 (1)   $ 15.99  
 
(1)   These Shares represent a portion of a single trade which was allocated between Partners and an account that was established by the investment member of Investors.