Pep Boys Named A 'Top 100 Corporate Citizen'

    PHILADELPHIA--April 16, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced today that it was ranked #44 on Business Ethics Magazine's list of Top 100 Corporate Citizens.
    Now in its fourth year, the ranking is based on quantitative measures of corporate service to customers, community, employees, environment, women and minorities and stockholders.
    "This is a wonderful honor for Pep Boys," says Pep Boys' Chairman and CEO, Mitch Leibovitz. "Following in the footsteps of Manny, Moe & Jack, we are committed to doing things the right way at Pep Boys."
    The top five companies for 2003, in rank order, are General Mills, Cummins Engine, Intel, Procter & Gamble, and IBM. Thirty-seven firms make their first appearance on the list, including Green Mountain Coffee (No. 8), John Nuveen (No. 9), Expedia (No. 16) Deluxe Corp. (No. 20) and Pep Boys (No. 44).
    The cutting-edge practices of these firms offer model business strategies in good corporate citizenship. Statistical analysis for the list was done by Sandra Waddock and Samuel Graves of the Carroll School of Management at Boston College in Chestnut Hill, Mass. Social ratings were provided by KLD Research & Analytics of Boston, a research firm serving socially responsible investors.
    The 100 Best Corporate Citizens study appears in the spring issue of Business Ethics, which for 16 years has been the premier publication for the movement to bring greater social responsibility to business. For more information, plus the full list and study, see www.Business-Ethics.com.
    Pep Boys has 629 stores and more than 6,500 service bays in 36 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the Company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Customers can find the nearest location by calling 1-800-PEP-BOYS or by visiting pepboys.com.