Monro Muffler Brake, Inc. To Acquire Assets of ProCare Automotive Service Solutions Out of Bankruptcy

~ Expands Store Base and Strengthens Geographic Footprint ~

ROCHESTER, N.Y., March 6 -- Monro Muffler Brake, Inc. today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of ProCare Automotive Service Solutions, L.L.C. ("ProCare"), a privately owned automotive service retailer, for approximately $14 million in cash. The transaction is to be effected under the authority of the United States Bankruptcy Court overseeing ProCare's Chapter 11 bankruptcy case, commenced March 5, 2006. The Company also has agreed to provide ProCare with a $3.65 million debtor-in-possession financing facility to be used by ProCare for its general working capital needs pending approval and consummation of the transaction. ProCare's obligations under the facility will be repaid and the facility retired upon such consummation.

ProCare operates 82 retail locations that offer automotive maintenance and repair services. The stores generate approximately $50 million in annual sales and are located in eight metropolitan areas throughout Ohio, Pennsylvania and Kentucky.

"We are excited about the potential acquisition of ProCare, as its regional heritage and industry expertise would complement our existing business and enhance our market share," commented Robert G. Gross, President and Chief Executive Officer of Monro Muffler Brake, Inc. "Moreover, it fits squarely with our stated strategy to seek attractively priced acquisitions that expand our reach within our geographic footprint."

Monro currently anticipates operating all of ProCare's existing retail locations as either service or tire stores. The Company also expects to offer employment to all ProCare store employees. The transaction is subject to certain bidding procedures which will be outlined by the Bankruptcy Court. There is no assurance that ProCare will not receive a higher or better offer for its assets in the auction process, that the Company will be the successful bidder at any auction conducted by ProCare, or that the Bankruptcy Court will approve ProCare's sale to the Company.

In light of the ProCare acquisition and corresponding integration process, Monro and Strauss Discount Automotive have agreed to amend the terms of their agreement so that Monro will now have the option to purchase the remaining 87% of Strauss on or before September 30, 2006. Monro purchased a 13% ownership stake in Strauss in October 2005 and had the option to acquire an additional 20% stake on or before March 31, 2006 and the remaining 67% anytime prior to April 1, 2007.

Mr. Gross stated, "We are pleased with our progress on the Strauss transaction and look forward to having Strauss Discount Automotive join Monro. Both companies continue to work together in order to bring the transaction to a timely conclusion. However, I have always said that it would not be prudent to attempt two large acquisitions simultaneously and the timing of ProCare's filing required our immediate attention so as not to lose the opportunity. I am thrilled with the prospect of further accelerating our growth in fiscal 2007."

Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Speedy Auto Service by Monro, Mr. Tire and Tread Quarters Discount Tires. The Company currently operates 626 stores and has 16 dealer locations in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine and Michigan. Monro's stores provide a full range of services for exhaust systems, brake systems, steering and suspension systems, tires and many vehicle maintenance services.