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Tilden Associates Inc. Completes Reg. D Offering

6 April 1999

Tilden Associates Inc. Completes Reg. D Offering

    GARDEN CITY, N.Y.--April 6, 1999--Tilden Associates Inc. (OTC BB:TLDN), which operates under the name Tilden for Brakes Car Care Centers, Tuesday announced it had completed the final $550,000 portion of its $1,000,000 504.Reg. D Offering which was placed through Intercontinental Capital Group.
    Tilden is in the process of completing a 1998 certified audit which is expected to be available shortly.
    The proceeds of this offering will be used to further expand the company's franchise system as well as to pursue business opportunities and future acquisitions similar to its Brake World and American Brake Service acquisitions completed recently.
    Tilden for Brakes Car Care Centers have served millions of automobile owners since the Tilden family founded the company in 1923. While Tilden initially built its reputation on brakes in the New York market, Tilden currently has over 50 locations nationally which offer full auto servicing utilizing state-of-the-art diagnostic equipment, including tire brakes, tune-ups, wheel alignment, shocks/struts, air conditioning, and other services, at a time when most niche repair shops are limited to specific auto repairs.
    The company has an open invitation for Market Development Partners and individual franchises to share in their successful enterprise. Information may be obtained by contacting Tilden at 1/800-TILDENS or visiting their website at www.tildencarcare.com.

    "Safe Harbor" Statement
    Except for the historical information contained herein, certain of the matters discussed in this press release are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, which involve certain risks and uncertainties, including but not limited to, changes in general economic conditions, material prices, labor costs, interest rates, consumer confidence, competition, environmental factors, and governmental regulations affecting the company's operations.