Diamond Triumph Auto Glass, Inc. Announces First Quarter 2001 Results

    KINGSTON, Pa., May 15 Diamond Triumph Auto Glass, Inc.
announced today that net sales for the three months ended March 31, 2001
increased $5.3 million, or 11.9%, to $50.0 million as compared to
$44.7 million for the three months ended March 31, 2000.  EBITDA for the first
three months of 2001 increased by $1.0 million, or 18.2%, to $6.5 million from
$5.5 million for the first quarter of 2000.


                       Diamond Triumph Auto Glass, Inc.
                               ($ in Millions)

                                            Three Months Ended
                                                 March 31,
                                              2001        2000
                                                (unaudited)

    Net Sales                               $50.0        $44.7
    Cost of Sales                            14.3         13.9
    Gross Profit                             35.7         30.8
    Operating Expenses                       29.8         26.0
    Income From Operations                   $5.9         $4.8


    Net Income Before Extraordinary Item     $2.0         $1.2
    Extraordinary Loss on Extinguishment
     of Debt, Net of Taxes                    0.0          0.5
    Net Income                               $2.0         $0.7

    EBITDA (A)                               $6.5         $5.5

    Cash Interest                            $2.3         $2.6

    Total Long-Term Debt                   $100.0       $102.5

    (A) EBITDA represents income before taxes, interest expense, depreciation
and amortization expense.

    Rich Rutta, Diamond Triumph's Co-Chairman and Co-CEO, had the following
comments regarding the Company.  "We are very pleased that we have maintained
the strong sales and earning growth experienced in calendar year 2000 in the
first quarter of 2001.  Our first quarter results represent a record first
quarter sales and earnings volume for the Company."
    Norm Harris, Diamond Triumph's President, added, "We feel our results are
a testament to both our employees' leadership and performance as well as the
Company's sound operating structure and strategic approach.  Our challenge as
a company will be to sustain the positive business momentum we have
experienced during the last five quarters."

    Diamond Triumph Auto Glass, Inc. headquartered in Kingston, PA, is a
leading provider of automotive glass replacement and repair services.  Diamond
operates a network of 233 automotive glass service centers, over 1,000 mobile
installation vehicles and four distribution centers in 39 states.

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