SOCIETY OF AUTOMOTIVE ANALYSTS TO FEATURE AFTERMARKET LEADERS CONFERENCE IN LAS VEGAS

Southfield, Mich., Sept. 10, 2001 – Two top Wall Street analysts will round out the speaker lineup at the Society of Automotive Analysts’ first-ever conference on the $250 billion U.S. aftermarket being held during this year’s Automotive Aftermarket Industry Week in Las Vegas, Oct. 30 – Nov. 2, 2001. The annual Industry Week comprises the AAPEX Show and the SEMA Show and is the largest trade- only automotive event in the world, attracting 80,000 executives, 36,000 of whom are buyers from the U.S. and 120 foreign countries. Greg Salchow, vice president and senior automotive analyst at Raymond James & Associates, and John Daviduk, vice president of global investment research at Goldman Sachs will wrap up the “Automotive Aftermarket Outlook 2002 and Beyond” with their observations on the aftermarket’s prospects in 2002. The conference is Wednesday, Oct. 31 from 1-5 p.m. at the Venetian Hotel, adjacent to the Sands Expo Center, site of the AAPEX Show. Prior to the analysts’ closing remarks, nine aftermarket executives on three panels will have provided insights on their company’s prospects in terms of the U.S. and global aftermarket. Panel 1, "Where the Market is Headed Overall," will attempt to predict the future of the aftermarket, and the drivers for growth and change. Featured panelists include: · John F. Smith, General Motors Vice President and General Manager of GM Service Parts Operations · Steve Koch, Senior Vice President, Marketing Services and Customer Development, Pennzoil-Quaker State Company · Michael Cardone, Chairman and CEO, Cardone Industries

For Panel 2, "The Evolution of Channel Competition", the panelists will share their insights on which aftermarket channels stand to gain or lose in the coming years and how the market will be divided. Speakers include: · Ron Pyle, President, CarParts Technologies · Mike Jordan, President, Automotive Consumer Services Group, Ford Motor Company · Thomas Jennett, General Manager of the North American Aftermarket Division, Valeo, Inc.

Members of Panel 3, "The Aftermarket's Growth Potential", will discuss new markets and new technologies that will shape the aftermarket and its suppliers in coming years. Panelists include: · Rick C. Meyer, General Manager, Global Aftermarket Operations, Visteon Corporation · Dan Daniels, Senior Vice President, Light Vehicle Aftermarket, ArvinMeritor · Mark Frissora, Chairman and CEO, Tenneco Automotive, Inc.

The Wall Street analysts’ presentation, “The Big Chill: Wall Street’s View of the Aftermarket”, will provide the closing “exclamation point” to the afternoon session. The program opens with W. Van Bussmann, senior vice president, global forecasting, JD Power & Associates, giving an overview of the U.S. and global economy and how it will impact aftermarket sales. The conference will be moderated by McKinsey & Company’s Glenn Mercer, president of SAA. The SAA/AAIW "Automotive Aftermarket 2002 and Beyond" conference will be held from 1:00-5:30 p.m., Wednesday, Oct. 31 at the Venetian Hotel. Registration for the event includes the program, an evening reception, and all presentations and materials. Advance registration before September 15, 2001 is $250.00 per person. After that, registration is $300. To register, contact SAA Headquarters at 734-677- 3518; fax 734-677-2407, or e-mail info@autoanalyst.org.

About the Society of Automotive Analysts

The Society of Automotive Analysts is a not-for- profit professional association founded in 1987. The society is comprised of more than 600 automotive industry analysts. SAA's main focus is to provide state-of-the-art education and superior networking opportunities to its members. The SAA has three primary objectives: to improve the state of knowledge, analytical methods and approaches of automotive analysts; to promote professional interaction among analysts in the automotive industry; and to serve as a forum for ideas and new developments in the automotive industry. In addition to the Aftermarket Conference, SAA is holds an annual Automotive Outlook Conference in conjunction with the North American International Auto Show every January in Detroit.

Industry Week features the aftermarket’s two most important trade shows, AAPEX, the Automotive Aftermarket Products Expo sponsored by the Motor Equipment Manufacturers Association (MEMA) and Automotive Aftermarket Industry Association (AAIA), and the SEMA Show - International Tire Expo is sponsored by the Specialty Equipment Market Association (SEMA).