Universal Automotive Industries to Report 2004 First Quarter Financial Results and Host Conference Call on May 20

ALSIP, Ill., May 17, 2004 -- Universal Automotive Industries, Inc. today announced that on Thursday, May 20, 2004, the company will release its first quarter financial results. The company plans to hold a conference call the same day at 11 a.m. ET (8 a.m. PT, 10 a.m. CT.)

To listen to the conference call, dial (888) 221-3578 approximately 10 minutes before the starting time and reference Universal Automotive Industries and the leader Arvin Scott. For those unable to participate on the live call, a telephonic replay will be available from Thursday, May 20, at 1 p.m. ET through Thursday, May 27, at 6 p.m. ET. Call (800) 642-1687 and enter the conference Passcode 7544378.

This conference call will also be broadcast live over the Internet and can be accessed at www.fulldisclosure.com. Interested parties should go to the web site at least 10 minutes prior to the start of the call to download any necessary audio software. A replay will be available at the same location for approximately one year.

About Universal Automotive Industries

Universal, headquartered in the Chicago area, specializes in the distribution and manufacture of brake rotors and other brake parts under its trademarks UBP - Universal Brake Parts, Evolution and Ultimate in the United States and Canada. The company's proprietary brands also include Autospecialty, ValuMaxx and PowerStop. Universal Automotive Industries also provides TRW-branded brake rotors and drums and suspension products.