Transpro Named As Advance Auto Parts' Radiator Supplier

    NEW HAVEN, Conn.--April 23, 2002--Transpro, Inc., a leading manufacturer and distributor of aftermarket and OEM heat transfer products for automotive, truck, and industrial applications, has announced today that it has been named as the radiator supplier to Advance Auto Parts, Inc. .
    Beginning in June of this year, Advance Auto Parts will begin to sell Transpro's complete Ready-Rad(R) Radiator line throughout its network of 2,400 automotive retail stores. The Ready-Rad(R) line has application coverage for 95% of all passenger and light truck vehicles on the road today.
    "We are extremely pleased to have Advance Auto Parts choose Transpro's Ready-Rad(R) line as its radiator brand of choice," said Charles E. Johnson, President and Chief Executive Officer of Transpro. "Advance has grown rapidly over the past few years and is now the second largest auto parts retailer in the nation. We enjoyed an excellent supply relationship with Discount Auto Parts prior to their acquisition by Advance, and we are most gratified that we have an opportunity to expand our relationship with this excellent company. This new business acquisition is an important step forward in the growth of our company."
    Advance Auto Parts, Inc. currently operates more than 2,400 stores in 38 states, primarily located in the eastern, mid-western and southeastern regions of the United States, and in Puerto Rico and the Virgin Islands. Late last year they acquired Discount Auto Parts in Florida which established them as the market leader in that state with over 450 stores there. In order to meet the demands of its customer base, Advance operates its innovative PDQ (Parts Delivered Quickly) system which allows customer access to over 250,000 automotive components within a 24-hour waiting period.

    FORWARD-LOOKING STATEMENTS

    Statements included in this news release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company's Annual Report on Form 10-K contains certain detailed factors that could cause the Company's actual results to materially differ from forward-looking statements made by the Company. In particular, statements relating to the future financial performance of the Company are subject to business conditions and growth in the general economy and automotive and truck business, the impact of competitive products and pricing, changes in customer product mix, failure to obtain new customers or retain old customers or changes in the financial stability of customers, changes in the cost of raw materials, components or finished products and changes in interest rates.