Genuine Parts Company Declares Regular Quarterly Dividend

    ATLANTA--Aug. 21, 2001--The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of 28.5 cents per share on the Company's common stock.
    The dividend is payable October 1, 2001 to shareholders of record September 7, 2001.
    Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S., Canada and Mexico through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes product nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S. and Mexico. Genuine Parts Company had 2000 revenues of $8.4 billion and net income of $385 million.