Universal Technical Institute, Inc. Schedules Fiscal 2004 Fourth Quarter and Year-End Earnings Release and Conference Call

PHOENIX, Oct. 29, 2004 -- Universal Technical Institute, Inc. , a provider of technical education training, announced today that it will hold a conference call on Wednesday, December 1, 2004 at 5:00 p.m. Eastern time (3:00 p.m. Phoenix time) to discuss its fourth quarter and year-end financial results, operating performance and business outlook. The Company will release its financial results for the 2004 fourth quarter and year ended September 30, 2004 after the close of the market on the same day. The conference call will feature President and Chief Executive Officer, Kimberly McWaters, and Chief Financial Officer, Jennifer Haslip.

To participate in the live call, investors are invited to dial 800-218-0713 (for domestic callers) or 303-205-0033 (for international callers) at least five minutes prior to start time.

A live webcast of the call will be available via the Investor Relations section of Universal Technical Institute's website at www.uticorp.com or at www.fulldisclosure.com. Please go to either website at least 15 minutes early to register, download and install any necessary audio software. The conference call will be archived and available for 90 days at www.uticorp.com.

About Universal Technical Institute

Universal Technical Institute, Inc. is a provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. The Company offers undergraduate degree, diploma and certificate programs at eight campuses across the United States, and manufacturer-sponsored advanced programs at 22 dedicated training centers. Through its campus-based school system, Universal Technical Institute, Inc. offers specialized technical education programs under the banner of several well-known brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) and NASCAR Technical Institute (NTI). For more information, visit www.uticorp.com.