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Published on 9/24/2008 in the Prospect News Special Situations Daily.

Lithia Motors: Howson Tattersall buys 5.4% stake

By Lisa Kerner

Charlotte, N.C., Sept. 24 - Howson Tattersall Investment Counsel Ltd. bought 894,326 shares of Lithia Motors, Inc. for approximately $21,453,902, giving the Canadian investor a 5.4% interest in the company.

The purchase was reported in a schedule 13D filed with the Securities and Exchange Commission.

Lithia Motors and its subsidiaries operate automotive franchises and retails new and used vehicles and services in the United States. The company is based in Medford, Ore.


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