Aftermarket Technology Corp. Announces Continuation of Stock Repurchase Program

    WESTMONT, Ill., Jan. 30 Aftermarket Technology Corp.
today announced that the Company together with certain members
of management and directors of the Company, certain principals and affiliates
of the Aurora Capital Group and certain other shareholders of the Company,
intend to continue the previously announced share repurchase program,
commenced on January 8, 2001, so that more shares can be purchased.  As of
January 30, 2001, 847,700 shares of the Company's common stock have been
purchased under the program.  The program will continue until approximately
1.25 million total shares are purchased.
    Such purchases may be made from time to time in the open market, through
privately negotiated transactions or through block purchases.  The program
will be conducted in accordance with the Securities and Exchange Commission's
Rule 10b-18, subject to market conditions, applicable legal requirements and
other factors.
    Investment partnerships managed by Aurora currently own approximately 47%
of the Company's common shares outstanding and collectively hold approximately
66% of the voting power through their direct ownership and certain voting
arrangements.
    ATC is headquartered in Westmont, Illinois.  The Company's continuing
operations include drive train remanufacturing, third party logistics and
material recovery services. ATC also remanufactures electronic control
modules, instrument and display clusters and radios.

    The preceding paragraphs contain statements that are not related to
historical results and are "forward-looking" statements within the meaning of
the Private Securities Litigation Reform Act of 1995.  Forward-looking
statements include those that are predictive or express expectations, that
depend upon or refer to future events or conditions, or that concern future
financial performance (including future revenues, earnings or growth rates),
ongoing business strategies or prospects, or possible future Company actions.
Forward-looking statements involve risks and uncertainties because such
statements are based on current expectations, projections and assumptions
regarding future events that may not prove to be accurate.  Actual results may
differ materially from those projected or implied in the forward-looking
statements.  The factors that could cause actual results to differ are
discussed in the Company's Annual Report on Form 10-K for the year ended
December 31, 1999 and other filings made by the Company with the Securities
and Exchange Commission.