ABRA Announces Management Reorganization

MINNEAPOLIS--July 26, 2004--ABRA Auto Body & Glass, a national damaged vehicle repair company based in Minneapolis, announced today the reorganization of its executive management team. According to Rollie Benjamin, President and CEO of ABRA, "This change is a natural response to the growth in the number of ABRA repair centers in the last 24 months. It will enable ABRA to focus on a higher level of operating performance while growing its strategic relationships with insurance partners."

Effective September 1, Tim Adelmann, ABRA's current COO, will assume the role of Executive Vice President of Client Services. In this new position, Adelmann will work strategically and operationally with ABRA's clients to deliver industry-leading results to our insurance partners. "Tim has been an integral part of ABRA's success over his nineteen years with the organization," continued Benjamin. "While performing all the duties of our Chief Operating Officer, he has become increasingly more involved in ABRA's strategic relationships. This management reorganization will allow Tim to focus on growing ABRA's relationships through performance-based results for our insurance partners and their policyholders."

Replacing Adelmann as ABRA's COO is Glenn E. Mahoney, who joined ABRA on July 20. Mahoney comes to ABRA after a successful career with Sears Automotive Group. He came to Sears in 1997 as a Regional Manager as a result of the acquisition of Western Auto. Most recently, he was Director of Operations and Administration where he oversaw the operations, administrative strategy, and leadership of 830 Sears Auto Centers. "As Chief Operating Officer of ABRA, Glenn will be responsible for collision and glass strategy, operations, and initiatives to achieve company goals and objectives," stated Benjamin.

Mahoney, his wife and three daughters will be relocating from Chicago to the Minneapolis area.

ABRA Auto Body & Glass is a national damaged vehicle repair company specializing in collision repair, paintless dent removal, and auto glass repair and replacement. Started with one repair center in 1984, they have grown to eighty-nine facilities in ten states. Their plans for accelerated national growth over the next several years include acquiring existing facilities and building new locations.