Penske Auto Centers and Snap-On Extend Strategic Partnership

    KENOSHA, Wis., Sept. 6 Penske Auto Centers LLC and Snap-on
Incorporated are enhancing their strategic partnership by
extending the organizations' supply and equipment agreement for an additional
five years.  As part of the agreement, Penske Auto Centers will upgrade its
existing wheel service equipment with John Bean(R) V3D alignment systems.
This new system features the exclusive 3-Dimensional modeling technology,
developed and patented by Snap-on, which allows the service technician to
provide faster and more accurate wheel alignments than traditional wheel
alignment technologies currently used in the marketplace.  Also included in
the agreement are the John Bean Virtual Plane Imaging (VPI) System II wheel
balancers and Enhanced High Performance (EHP) tire changers.
    According to Jim Wheat, President and Chief Executive Officer of Penske
Auto Centers, "This supply and purchase agreement reinforces our company's
commitment to maintaining our position as a leader of preventative automotive
services nationwide.  As we continue to meet our customer's expectations, it
is equally important that we provide and equip our centers with state-of-the-
art technology in order to better service our customers' vehicles.  That
combination is critical to our overall success and our continued growth in the
marketplace."
    "Snap-on and John Bean are excited to be a part of Penske's service
strategy," said Dale F. Elliott, Snap-on President and Chief Executive
Officer.  "The agreement illustrates Snap-on's ability to provide the full
range of productivity-enhancing equipment, information and services that our
customers need and want."
    John Bean is a division of Snap-on Incorporated.  Snap-on Incorporated is
a leading global developer, manufacturer and marketer of tool, diagnostic and
equipment solutions for professional tool users.  Product lines include hand
and power tools, diagnostics and shop equipment, tool storage products,
diagnostics software and other solutions for transportation-service,
industrial, government, education and agricultural customers, and other
commercial applications, including construction and electrical.  Products are
sold through its franchised dealer van, company direct sales and distributor
channels, and the Internet.  Founded in 1920, Snap-on is a $2.2 billion, S&P
500 company headquartered in Kenosha, Wisconsin, and employs approximately
14,000 people worldwide.  For more information, go to http://www.snapon.com .
    Penske Auto Centers LLC is the largest independent tire dealer in the
United States with 630 locations nation-wide and more than 4,000 employees
committed to being the leader in preventative automotive maintenance.  In
addition to its strong presence in the marketplace for tire sales, other
services offered by Penske Auto Centers include 30-minute oil changes, wheel
alignments, ATF fluid exchanges and brake service, just to name a few.
Integral to the company's overall success is its long-term growth strategy and
strategic partnerships with organizations such as Kmart, Snap-on, Goodyear,
Mobil, NAPA and Exide Battery Company.  For more information, go to
http://www.penskeautocenters.com .

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