Monro Muffler Brake, Inc. to Webcast Second Quarter Results; Company Signs Agreement to Acquire Five Stores

ROCHESTER, N.Y.--Oct. 1, 20041, 2004--Monro Muffler Brake, Inc. invites investors to listen to a broadcast of the Company's conference call to discuss second quarter results. The conference call will be broadcast live on Thursday, October 14, 2004 at 11:00 a.m. Eastern Time at www.vcall.com. An archive of the webcast will be available at this web site an hour after the live call through midnight October 21, 2004.

In addition, the Company today signed a definitive agreement to acquire five retail tire stores from Donald B. Rice Tire Co., Inc. The stores are located in the Baltimore market and have combined sales of approximately $6.5 million. The Company plans to provide further detail regarding this acquisition on the second quarter conference call.

Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Speedy Auto Service by Monro, Mr. Tire and Tread Quarters Discount Tires. The Company currently operates 602 stores and 7 kiosks, and has 16 dealer locations in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine and Michigan. Monro's stores provide a full range of services for exhaust systems, brake systems, steering and suspension systems, tires and many vehicle maintenance services.

Certain statements made above may be forward-looking and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve uncertainties, which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties include, but are not necessarily limited to, uncertainties affecting retail generally (such as consumer confidence and demand for auto repair); risks relating to leverage and debt service (including sensitivity to fluctuations in interest rates); dependence on, and competition within, the primary markets in which the Company's stores are located; the need for, and costs associated with, store renovations and other capital expenditures; and the risks described from time to time in the Company's SEC reports which include the report on Form 10K for the fiscal year ended March 27, 2004.