Precision Auto Care Inter-Company Promotions and New Hire

LEESBURG, Va., March 14 Precision Auto Care, Inc. Lou Brown, President & CEO of Precision Auto Care, Inc. (PACI), announced today that the Company has made some personnel changes. Robert R. Falconi, who had been Senior Vice President, Finance and Administration and Chief Financial Officer since August 2000, was promoted to the newly created position of Executive Vice President and Chief Operating Officer. Frederick F. Simmons, Vice President, General Counsel and Secretary was promoted to Senior Vice President, General Counsel and Secretary. Everett F. Casey, who has been providing legal services to the Company as outside counsel, was employed on a full-time basis as Vice President and Assistant General Counsel.

In making the announcement, Mr. Brown said, ``These changes will allow the Company to provide better and more efficient services to its franchisees.''

Precision Auto Care, Inc's. affiliate, Precision Franchising LLC, is one of the world's leading franchisor of auto care centers, with over 500 operating centers as of March 14, 2002. The Company franchises Precision Tune Auto Care centers around the world.