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Bonded Motors, Inc. Schedules First Quarter Earnings Results

21 April 1998

Bonded Motors, Inc. Schedules First Quarter Earnings Results and Annual Shareholder's Meeting

    LOS ANGELES, April 21 -- Aaron Landon, Chairman of the Board
and Chief Executive Officer of Bonded Motors, Inc. announced
today that the company's annual Shareholder Meeting and first quarter 1998
earnings release will be on Monday, April 27, 1998.  Earnings will be released
at 1:00pm PT Monday.  The shareholder meeting will be held from 1:30 - 3:00pm
PT at the Renaissance Hotel, Los Angeles located at 9620 Airport Boulevard,
Los Angeles, CA 90045.  Anyone needing hotel reservations should call Deborah
Higgins at 310-337-2016.
    The company will host a conference call to discuss quarterly operations on
Tuesday April 28, at 6:00am PT / 9:00am ET.  To participate in the discussion
you may dial 402-596-0061 using the password "BONDED" a few minutes before the
commencement of the call.
    Attending the call will be Aaron Landon, CEO, Richard Funk, President,
Paul Sullivan, CFO, and Buddy Mercer, COO.  If you have any questions please
contact Ben J. Rohan, Financial Information Officer at 213-583-8631 ext. 234.
    Bonded Motors is a remanufacturer of car and light truck engines, with
headquarters in Los Angeles, manufacturing plants in California and Georgia,
and Distribution Centers in California, Washington, Colorado, Ohio, New York,
and Georgia.  The Company's principal customers are automotive parts chain
stores such as Pep Boys - Manny, Moe & Jack, Trak Automotive, CSK Automotive
(Checkers, Schucks, and Kragens), Paccar Automotive (Grand's and Al's Auto
Parts), and Genuine Parts (NAPA Auto Parts Stores).
    Safe Harbor statement under the Private Securities Litigation Reform Act
of 1995: The statements in this release regarding the business conditions of
the automotive aftermarket for remanufactured engines and the expansion of the
Company's products and markets are forward looking statements that include
risks and uncertainties, including but not limited to product demand and
development, technological advancements, impact of competitive products and
pricing, growth in targeted markets, manufacturing capacity, risks of foreign
operations, ability to integrate and leverage acquisitions, and other
information detailed from time to time in the Company's Securities and
Exchange Commission filings.

SOURCE  Bonded Motors, Inc.