Pep Boys Names Transpro as Its Primary Air Conditioning Line Supplier

NEW HAVEN, Conn.--Jan. 1, 20042, 2004--Transpro, Inc., (AMEX: TPR) has announced today that Pep Boys has named Transpro as the primary supplier of its air conditioning product line.

Effective immediately, Pep Boys will sell the complete Ready-Aire(R) Air Conditioning (A/C) product line throughout its retail network. This line has application coverage for virtually all makes and models of automobiles and light trucks on the road today and includes several products such as compressors, evaporators, accumulators, filter-driers, hose-assemblies and other A/C components.

This agreement represents an extension of Transpro's already established relationship with Pep Boys whereby they currently purchase Ready-Rad(R) Radiators and Ready-Aire(R) Heater Cores and A/C Condensers from Transpro.

Pep Boys currently operates 595 stores and over 6,000 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.

"We are very excited that Pep Boys has chosen Ready-Aire(R) by Transpro as its air conditioning brand of choice," said Charles E. Johnson, President and Chief Executive Officer of Transpro. "Pep Boys is among the top five aftermarket retailers in the nation. We look forward to helping them grow their air conditioning business and believe this is a strategic step in the growth plans for our Company. This new business acquisition demonstrates the effectiveness of our Ready-Aire(R) team in serving major customers' needs."

Transpro, Inc. is a leading manufacturer and distributor of Aftermarket and OEM heat transfer and temperature control products for automotive, truck and industrial applications.