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Miller Industries Reports 1999 Fiscal Q1 Results

12 August 1998

Miller Industries Completes Acquisitions in the 1999 Fiscal First Quarter Adding $17.2 Million in Annualized Revenues

    CHATTANOOGA, Tenn., Aug. 12 -- Miller Industries, Inc.
today announced that its RoadOne subsidiary added 17 towing
service companies during the first quarter of fiscal 1999 with annualized
revenues totaling $17.2 million.  The consideration paid for the acquisitions
was a combination of 490,000 shares of Miller Industries common stock and
approximately $8 million in cash.
    The inclusion of these acquisitions raises the total number of towing
service companies operated by RoadOne to 93, with historical annual revenues
of over $160 million.  The Company has also entered into letters of intent to
purchase an additional 23 companies.  If all these acquisitions under letters
of intent are completed, RoadOne would consist of 116 operating companies with
historical annual revenues of approximately $185 million.
    With acquisitions in cities such as Orlando, Fort Worth and Phoenix, the
Company's actions are strengthening its positions in the Southeast and
Southwest.  As a result of these acquisitions, RoadOne now maintains a
presence in 52 of the top 209 markets in the country.  The Company also
announced that the number of participants in its affiliate program expanded to
over 1,050 members, with approximately 7,400 vehicles in operation.
    Jeffrey I. Badgley, Chief Executive Officer of Miller Industries,
commented, "RoadOne's commitment to service and quality continues to attract
to our ranks premier towing operators in leading national markets.  This marks
the fifth consecutive quarter in which we have acquired historical revenues
in excess of our goal of $15 million per quarter.  Looking ahead, we are
focused on continuing to strengthen this national network through further
acquisitions and expansion of our affiliate program.  With our progress in the
first quarter, we are well on our way to achieving our goal of having one
owned towing services company in each of the 209 top U.S. cities as we
position RoadOne to provide comprehensive services to national accounts."
    Miller Industries is the world's leading integrated provider of vehicle
towing and recovery equipment and services.  The Company markets its towing
services under the national brand name RoadOne and its towing equipment under
a number of well-recognized brands.

    Except for historical information contained herein, the matters set forth
in this news release are forward-looking statements.  The Company noted that
forward looking statements set forth above involve a number of risks and
uncertainties that could cause actual results to differ materially from any
such statement, including the risks and uncertainties discussed under the
caption "Risk Factors" in the Company's Form 10-K for fiscal 1998, which
discussion is incorporated herein by this reference.