Sir Paul McCartney's First Guitar Makes Its Debut in the United States: Press Conference Available via Satellite

Business Wire, August 10, 2006

SCOTTSDALE, Ariz. -- Barrett-Jackson Auction Co., LLC:

WHO:            Craig Jackson, president and CEO of the
                Barrett-Jackson Auction Co., LLC

WHAT:           Jackson will unveil the guitar that Sir Paul McCartney
                first learned how to play on. Jackson purchased it on
                Friday, July 28, 2006, during a Cooper Owen auction
                for $633,438. This will be the first time the guitar
                has ever been outside of London and is only the second
                time the guitar has been seen in public. Jackson will
                speak about the guitar, his thoughts, and its future,
                as well as announce the dates of the 36th Annual
                Barrett-Jackson Collector Car Event in Scottsdale.

WHEN:           Friday, Aug. 11, 2006
                10 a.m. Pacific time

SATELLITE
COORDINATES:    Aug. 11, 2006
                1700-1715 Eastern time
                Satellite: Intelsat Americas 6 (IA-6)
                Orbital Slot: 93 Degrees West
                Transponder: C-11
                Downlink Frequency: 3920 MHz
                Downlink Polarity: Vertical

WHERE:          Barrett-Jackson Showroom
                3020 N. Scottsdale Road
                (Just north of Thomas Road on the west side
                  of Scottsdale Road)
                Scottsdale, AZ 85251

MEDIA CONTACTS: Jennifer Ziegler, 480-998-3154
                Cell: 602-617-1170
                Alison Collins, 480-998-3154
                Cell: 602-793-6306

More Info: Jackson, industry leader in collector car auctions, was the highest bidder and auction winner on Friday, July 28, 2006, of an exceptionally rare guitar that music legend Sir Paul learned to play on, a REX acoustic circa 1950s. Owned by Ian James, a Liverpool Institute grammar school friend of Sir Paul's, the guitar fetched GBP 329,350 (USD 633,438.86) including all fees at the Cooper Owen Music Legends Auction at the famed Abbey Road Studios in London.

In a statement issued by Louise B. Cooper, founder and creative director of Cooper Owen, and John Collins, managing director of Cooper Owen: "Cooper Owen is delighted that the guitar is going to a collector who truly appreciates the historical value of such an important guitar that changed music history. Without this guitar, there might never have been the Beatles as we know them."

Jackson will be available for interviews following the unveiling of the guitar and all accompanying documentation, including a rare signed letter of authenticity from Sir Paul.

About Barrett-Jackson

Established in 1971 and headquartered in Scottsdale, Ariz., Barrett-Jackson specializes in providing products and services to classic and collector car owners, astute collectors and automotive enthusiasts around the world. The company produces the "World's Greatest Collector Car Events(TM)" in Scottsdale and Palm Beach, Fla. For more information about Barrett-Jackson, visit www.barrett-jackson.com or call 480-421-6694.