Universal Technical Institute, Inc. Amends and Restates Lease to Expand Exton, Pennsylvania Campus

Expanded Exton Facility Will Accommodate Additional Program Offerings

PHOENIX, April 14 -- Universal Technical Institute, Inc. , a provider of technical education training, today announced that it has amended and restated its long-term lease agreement to expand its campus facility located in Exton, Pennsylvania. The expanded facility will allow it to teach diesel technology as well as its current automotive training program.

UTI will offer the diesel technology training in a newly constructed 41,000 square foot facility. UTI anticipates the new Exton training program will open in late August 2005, pending state and regulatory approval, and will provide classroom and lab space for up to approximately 500 additional students, increasing total campus capacity from approximately 1,900 students to approximately 2,400 students.

"This program expansion will allow us to train both auto and diesel disciplines to support the growing technician demands of our industry customers in the northeast region," said Kimberly McWaters, President and Chief Executive Officer of Universal Technical Institute, Inc. "With the addition of this program, prospective students from the northeast will have greater diversity in selecting a program that aligns with their professional interests."

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.

Statements in this press release concerning the future business, operating results and financial condition of the company are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and are subject to a number of uncertainties that could cause actual performance and results to differ materially from the results discussed in the forward-looking statements. Factors that could affect the company's actual results include changes to federal and state educational funding, construction delays for new or expanding campuses, possible failure or inability to obtain regulatory consents and certifications for new or expanding campuses, potential increased competition, changes in demand for the programs offered by the company, increased investment in management and capital resources, and the effectiveness of the company's recruiting, advertising and promotional efforts. Further information on these and other potential factors that could affect the company's financial results or condition may be found in the company's filings with the Securities and Exchange Commission, all of which are incorporated herein by reference. The company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.