HSBC Given Green Light for Advance Auto Parts' New Commercial Charge Program

Program Will Provide Flexible Financing Solutions for Advance Auto Parts' Commercial Customers

PROSPECT HEIGHTS, Ill., Sept. 8 -- HSBC - North America's business solutions group, the commercial arm of the company's Retail Services business, has partnered with Advance Auto Parts to offer a private label charge program to Advance Auto Parts' commercial customers. Advance Auto Parts is a leading automotive aftermarket retailer of parts, accessories, batteries, and maintenance items for do-it-yourself and professional installer customers.

The commercial charge program offers Advance Auto Parts' commercial customers flexibility of financing options, as well as a host of other benefits including an open credit line, expense management and detailed transaction information. Advance Auto Parts account holders will benefit from dedicated credit lines, increased buying power and affordable payments.

"Advance Auto Parts has chosen HSBC to be its partner for our commercial charge program because we believe HSBC has the people, systems and business to business experience to support our teams in providing Legendary Customer Service," said Gray Turner, vice president of commercial sales support for Advance Auto Parts. "We provide quick delivery of quality parts to our commercial customers, along with a best-in-class commercial charge program."

"We look forward to a successful alliance with Advance Auto Parts," said Brian Zempel, managing director for HSBC's business solutions group. "Our programs are designed with one goal in mind: to help Advance Auto Parts better serve its customers and achieve its sales goals by meeting customers' financing needs."

About Advance Auto Parts, Inc.

Headquartered in Roanoke, Va., Advance Auto Parts is the second-largest automotive aftermarket retailer of parts, accessories, batteries and maintenance items in the United States, based on sales and store count. As of July 16, 2005, the company had 2,708 stores in 40 states, Puerto Rico and the Virgin Islands. The company serves both the do-it-yourself and professional installer markets.

Additional information about the company, employment opportunities, services, as well as on-line purchase of parts and accessories can be found on the company's Web site at http://www.advanceautoparts.com/ .

About HSBC Business Solutions

HSBC Business Solutions focuses specifically on the business-to-business financing needs of North American companies that operate through distributorships, catalogs, Internet and traditional retail stores. HSBC Business Solutions' proprietary commercial platform is designed to deliver state of the art credit programs for its business clients. For more information, visit http://www.hsbcusa.com/business_solutions .

About HSBC - North America

HSBC - North America includes all of HSBC's U.S. and Canadian businesses, including the former Household businesses, and has more than $300 billion in assets. The company's businesses in North America serve more than 60 million customers in five key areas: personal financial services, consumer finance, commercial banking, private banking and corporate investment banking and markets. Financial products and services are offered under the HSBC, HFC and Beneficial brands. For more information, visit: http://www.hsbcusa.com/ .