Advance Auto Parts Named 'Best Managed Company in America' in Retail Sector by Forbes Magazine

ROANOKE, Va., Jan. 26, 2005 -- Advance Auto Parts, Inc. , a leading retailer of automotive parts and accessories, announced that it has been named the "Best Managed Company in America" in the retail sector in the January 10, 2005, issue of Forbes Magazine. This recognition is part of the annual Forbes Platinum 400 list of top-performing big corporations. The best-managed companies are those businesses that top the rankings in 26 different industries.

"As we begin a new year, we are honored to receive this prestigious honor from Forbes Magazine," said Larry Castellani, Chairman and Chief Executive Officer of Advance Auto Parts. "We're especially proud to be designated the best managed company in the retail category," he noted. "This validates our view that the automotive aftermarket industry offers excellent opportunities for growth and that Advance is capturing both market share and mindshare. What we are most proud of is this recognition is a reflection of the commitment of our over 37,000 Team Members to providing legendary service for our customers."

According to Forbes Magazine, "To create the Forbes Platinum 400 -- the Best Big Companies in America -- we ran computer screens across 26 industries for companies with at least $1 billion in revenue and high rankings for corporate practices as well as long- and short-term sales and earnings growth and stock market performance. After additional scrutiny, our writers and editors selected the best managed company in each industry." According to the Forbes ranking, the Company generated $3.7 billion in sales over the prior 12 months and boasts an average five-year sales growth of 21%.

About Advance Auto Parts, Inc.

Headquartered in Roanoke, VA, Advance Auto Parts is a leading retailer of automotive parts and accessories in the United States. At October 9, 2004, the Company had 2,612 stores in 39 states, Puerto Rico and the Virgin Islands. The Company serves both the do-it-yourself and professional installer markets.