iAutoparts.com Subsidiary of Hahn Automotive Warehouse, Inc. Retains Investment Bank

1 December 1999

iAutoparts.com Subsidiary of Hahn Automotive Warehouse, Inc. Retains Investment Bank

    ROCHESTER, N.Y.--Nov. 30, 1999--iAutoparts.com, Inc., the Internet based subsidiary of Hahn Automotive Warehouse, Inc., has engaged Capital Formation Group of Rochester, L.P. to advise management in exploring strategic alternatives for its auto parts e-commerce business.
    Eli N. Futerman, president and C.E.O. of Hahn Automotive Warehouse, Inc. and iAutoparts.com stated "Management has been undertaking a strategic review of the internet property in an effort to maximize shareholder value. The Internet has presented interesting opportunities in the marketplace which we plan to pursue."
    Capital Formation Group of Rochester, L.P. is a privately-owned, full service financial advisory, investment and merchant banking company specializing in the fields of merger and acquisitions and private corporate financing.
    Hahn Automotive Warehouse is a distributor of automotive aftermarket parts through its 14 strategically located distribution centers to 79 Company-owned Advantage Auto Stores, more than 1,100 independent jobbers, and eight Professional Auto Warehouse direct distribution centers, in the Midwest and along the Eastern Seaboard.

    Safe Harbor Statements Under the Private Securities Litigation Reform Act of 1995:

    The statements contained in this press release which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth. Investors are cautioned that forward-looking statements are inherently uncertain. Actual results may differ materially from the future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include those risks and uncertainties identified in Hahn Automotive Warehouse, Inc.'s ( the Company) Annual Report on Form 10-K, dated December 22, 1998, which has been filed with the United States Securities and Exchange Commission. Other risks and uncertainties which may affect actual results, include but are not limited to, failure of the auto parts e-commerce industry to develop at anticipated rates, failure of the Company's e-commerce products and services to gain significant market acceptance, competition, the ability of the Company to protect its proprietary rights and the continued development and viability of the Internet. There is no assurance that any strategic alternative involving iAutoparts.com will be adopted and implemented or that if any transaction is effected involving iAutoparts.com that it will ultimately enhance Hahn Automotive Warehouse, Inc.'s shareholder value. The Company assumes no duty to update information contained in this press release at any time.
    iAutoparts, Inc. is a subsidiary of Hahn Automotive Warehouse, Inc. and iAutoparts.com is a service mark owned by Hahn Automotive Warehouse, Inc.