Aftermarket Technology Corp. Announces Increase of Stock Repurchase Program

    WESTMONT, Ill., March 1 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 increase the previously announced share repurchase program,
commenced on January 8, 2001, so that up to 500,000 more shares can be
purchased by the Company. This brings the total repurchase program to
approximately 1,750,000 shares.  As of March 1, 2001, 1,067,700 shares of the
Company's common stock have been purchased under the program, with 203,835 of
those shares purchased by ATC.
    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
67% of the voting power through their direct ownership and certain voting
arrangements.
    Mike DuBose, Chairman, President and CEO said, "Unquestionably, our stock
represents one of the best values in today's market and thus we remain
committed to a continuation of our share repurchase program."
    ATC is headquartered in Westmont, Illinois.  The Company's continuing
operations include drivetrain 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.