From Automotive Parts and Accessories to Total Lifestyle Support, AUTOBACS SEVEN CO., LTD., Launches First U.S. Mega Store in Stanton, CA

STANTON, Calif., Aug. 20, 2003 -- On Thursday, August 28, 2003, AUTOBACS SEVEN CO., LTD., a publicly traded company on the Tokyo, Osaka and London stock exchanges, is opening its first U.S. SUPER AUTOBACS "Car-Life" mega store in Orange County, California. AUTOBACS SEVEN is Japan's largest automotive aftermarket parts and accessories retailer.

The SUPER AUTOBACS store features 35,000 square feet and two floors of specialty automotive goods including tires, wheels, SUV goods, car care products, car audio and DVD, GPS and security systems, books, collectibles, apparel and thousands of car accessories. An international style cafe lounge area on the second floor allows customers to snack and relax while viewing their car repair or custom installation in the 15-bay pit service area below.

About AUTOBACS SEVEN ( www.autobacs-seven.com )

AUTOBACS SEVEN was established in 1948 as a wholesaler and retailer of automobile parts. Since the first AUTOBACS specialty automotive outlet opened in Osaka in 1974, the company has since become known as Japan's premier source for automobile parts and service. There are now more than 500 AUTOBACS franchises across Japan and overseas. AUTOBACS U.S.A., Inc., a 100% subsidiary of Autobacs Seven, was established on May 21, 2001.

As a retailer of specialty automotive products, AUTOBACS SEVEN has evolved into a business that provides comprehensive support for the car lifestyle -- a one-stop source for all automotive needs. The new SUPER AUTOBACS mega store is geared toward today's car enthusiast, offering the most in-demand and original merchandise as well as providing on-site installation, maintenance, and car customization.