Pep Boys Forms Supply Alliance with Independent Tire Dealers Group

PHILADELPHIA--May 2, 20046, 2004--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced that it has formed a supply arrangement with the Independent Tire Dealers Group to supply aftermarket hard parts, shop equipment and tires to the group's 260 members.

"We are quite pleased to establish this mutually beneficial relationship," noted Craig Henning, Pep Boys' vice president of Commercial Sales. "It gives us the opportunity to increase sales and provide the Independent Tire Dealers Group with an alternate source for prompt, reliable deliveries of our top-quality hard parts and support them with our wide selection of tires."

The Independent Tire Dealers Group, headquartered in Juno Beach, FL, serves members primarily in California as well as Arizona, Nevada, Colorado, Montana, New Mexico and Hawaii. "By forming this strategic alliance with a leading automotive industry supplier such as Pep Boys, we are able to fulfill our mission of maximizing the competitive status of our independent tire dealer members," said Michael Cox, president of the Independent Tire Dealers Group. "We welcome the opportunity to be a Pep Boys partner."

Pep Boys will supply the Independent Tire Dealers Group through its auto parts delivery business known as Pep Express Parts (PEP). PEP reflects Pep Boys' long-standing commitment to automotive service professionals and operates out of 490 stores in the United States and Puerto Rico. With a fleet of more than 1,300 delivery trucks, PEP is among the nation's largest providers of on-demand, top-quality, name-brand parts, supplies, tires, tools and equipment for service professionals. For more information about this service, call 1-866-PEP-2345.

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.