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CSK Auto Corporation Announces Initial Public Offering Of 7,500,000 Shares of Common Stock at $20.00 Per Share

12 March 1998

CSK Auto Corporation Announces Initial Public Offering Of 7,500,000 Shares of Common Stock at $20.00 Per Share

    PHOENIX, March 11 -- CSK Auto Corporation today
announced the commencement of the initial public offering of 7,500,000 shares
of its Common Stock, all of which are being issued and sold by the Company, at
$20.00 per share.
    The offering is being made through an underwriting group managed by
Donaldson, Lufkin & Jenrette, Furman Selz, Lehman Brothers, Merrill Lynch &
Co., Morgan Stanley Dean Witter and Salomon Smith Barney.
    CSK Auto has also granted the underwriting group the option to purchase an
additional 1,125,000 shares of its Common Stock to cover over-allotments.
    The Common Stock will trade on the New York Stock Exchange under the
symbol "CAO."  The Company intends to use the net proceeds of the offering for
the repayment of debt.
    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
    Copies of the final prospectus relating to the offering may be obtained
from Donaldson, Lufkin & Jenrette, 277 Park Avenue, 7th Floor, New York,
New York, 10172.
    CSK Auto is the largest retailer of automotive parts and accessories in
the western United States and one of the largest such retailers in the
country.  As of February 1, 1998, the Company operated 718 stores as one fully
integrated company under three brand names:  Checker Auto Parts, operating in
the Southwestern and Rocky Mountain states; Schuck's Auto Supply, operating in
the Pacific Northwest; and Kragen Auto Parts, operating primarily in
California.

SOURCE  CSK Auto Corporation