Pep Boys To Host Investor Day; Financial Targets To Be Detailed

PHILADELPHIA--May 25, 2004--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, will hold an Investor Day in San Diego, California on Thursday, May 2, 20047, 2004, to present information about the Company's past performance and future objectives, including certain of its financial targets for the period between 2004 and 2008. The slides from the presentation will be posted on the Company's website at www.pepboys.com under the "About Pep Boys - Investors" section.

About Pep Boys

Pep Boys has 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. Customers can find the nearest location by calling 1-800-PEP-BOYS or by visiting pepboys.com.