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AutoZone to Acquire TruckPro

2 March 1998

AutoZone to Acquire TruckPro

    MEMPHIS, Tenn., March 2 -- AutoZone, Inc. has
reached a definitive agreement to acquire TruckPro, L.P., John C. Adams Jr.,
chairman and CEO of AutoZone, announced today.
    TruckPro, founded as Haygood Truck & Trailer Parts in 1958, is one of the
largest independent distributors of truck and trailer parts in the United
States with 43 stores in 14 states, primarily in the South and Midwest.  Last
year, TruckPro generated sales of approximately $130 million.  AutoZone will
operate the Little Rock, AR based company as a wholly owned subsidiary.  The
transaction is subject to the satisfactory completion of certain conditions
and regulatory approvals.
    "We're already in the business of getting parts from the manufacturer to
the end user," Mr. Adams said.  "Getting into the heavy-duty parts business is
a natural extension of our strengths.  When you combine TruckPro's depth of
knowledge in heavy-duty parts with our knowledge of a similar business and our
systems expertise, you've got a winning combination.  Plus, owner/operators
and national fleet customers want the same thing our current customers do --
quality, value and impeccable service."
    "TruckPro is a leader in our industry, and having AutoZone's resources
behind us will only strengthen that position," said Dale Dawson, TruckPro
chairman and CEO.
    AutoZone sells auto parts, chemicals and accessories through its chain of
1,936 stores in 38 states.
    Certain statements contained in this press release are forward-looking
statements.  These statements discuss, among other things, successful
completion of the acquisition, expected growth, store development and
expansion strategy, business strategies, future revenues and future
performance.  The forward-looking statements are subject to risks,
uncertainties and assumptions including, but not limited to, successful
completion of the acquisition, competitive pressures, demand for the company's
products, the market for auto parts, the economy in general, inflation,
consumer debt levels and the weather.  Actual results may materially differ
from anticipated results described in these forward-looking statements.

SOURCE  AutoZone, Inc.