Diamond Triumph Auto Glass, Inc. Announces Second Quarter 2005 Results

KINGSTON, Pa., Aug. 15, 2005 -- Diamond Triumph Auto Glass, Inc. announced today that net sales for the six months ended June 30, 2005 increased $2.1 million, or 1.9%, to $112.4 million as compared to $110.3 million for the six months ended June 30, 2004. Net sales for the second quarter ended June 30, 2005 increased $2.0 million, or 3.5%, to $58.9 million as compared to $56.9 million for the second quarter of 2004. Net income for the six months ended June 30, 2005 increased by $5.0 million to $5.4 million from $0.4 million of net income for the six months ended June 30, 2004. Net income for the second quarter ended June 30, 2005 increased by $4.3 million to $4.7 million as compared to $0.4 million for the second quarter of 2004. EBITDA for the six months ended June 30, 2005 increased by $1.3 million to $8.8 million from $7.5 million for the six months ended June 30, 2004. EBITDA for the second quarter of 2005 increased by $0.2 million to $5.4 million from $5.2 million for the second quarter of 2004.

                     Diamond Triumph Auto Glass, Inc.
                             ($ in Millions)

                            Six Months Ended          Three Months Ended
                                June 30,                    June 30,
                           2005        2004           2005         2004
                              (unaudited)                 (unaudited)

  Net Sales               $112.4       $110.3        $58.9        $56.9
  Operating Expenses       104.7        103.9         54.0         52.2
  Income From Operations    $7.7         $6.4         $4.9         $4.7

  Net Income                $5.4         $0.4         $4.7         $0.4

  EBITDA (1)                $8.8         $7.5         $5.4         $5.2

  Total Long-Term Debt     $74.5        $80.0        $74.5        $80.0

Norm Harris, Diamond Triumph's Chief Executive Officer, had the following comments regarding the Company. "Despite increased sales during the second quarter of 2005 as compared to 2004, the Company's earnings from operations were relatively flat due to certain rising costs. As a company, we must continue to seek opportunities to leverage costs throughout the organization and capitalize on opportunities to become more efficient in all facets of our business."

Douglas Boyle, Diamond Triumph's Chief Financial Officer added, "Our increased sales and positive cash flow enabled us to further reduce our long- term debt during the second quarter. We will continue to seek opportunities to broaden our revenue base in order to strengthen our cash flow which will allow us to further de-lever the Company."

Diamond Triumph Auto Glass, Inc., headquartered in Kingston, PA, is a leading provider of automotive glass replacement and repair services. Diamond Triumph currently operates 240 company owned automotive glass service centers, approximately 1,000 mobile installation vehicles and five distribution centers in 44 states. For more information about Diamond Triumph, visit the website at http://www.diamondtriumph.com/.

  Reconciliation of EBITDA to net income follows for the periods indicated:

                             Six Months Ended          Three Months Ended
                                 June 30,                   June 30,
                            2005         2004         2005         2004
                          (dollars in millions)      (dollars in millions)
  Net income (loss)        $ 5.4        $ 0.4        $ 4.7        $ 0.4
  Interest expense           2.3          4.1          0.2          2.1
  Depreciation and
   amortization              1.1          1.2          0.5          0.5
  Provision (Benefit)
   for income taxes            -          1.8            -          2.2
     EBITDA                $ 8.8        $ 7.5        $ 5.4        $ 5.2