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FinishMaster, Inc. Announces Acquisition

12 January 2000

FinishMaster, Inc. Announces Acquisition

    INDIANAPOLIS--Jan. 11, 2000--FinishMaster, Inc. today announced it has acquired C & H Paint & Equipment Supplies, Inc., located in Sacramento, California. Through the acquisition, FinishMaster will add two strategic locations and solidify the company's market presence in Northern California.
    "Sacramento is a new market for us and offers significant growth potential," said Wes Dearbaugh, President and Chief Operating Officer. "This acquisition is our first in 2000 and continues the implementation of our acquisition and growth strategy. During 1999, we completed six acquisitions."
    Andre B. Lacy, Chairman and Chief Executive Officer added, "I am pleased we are starting the year off with this clear signal of FinishMaster's intent."
    FinishMaster, Inc. is the leading national distributor of automotive paints, coatings, and related accessories to the automotive collision repair industry. The Company is headquartered in Indianapolis, Indiana, and now operates three distribution centers and 155 sales outlets in 24 of the 35 largest metropolitan areas in the country.
    For more information on the Company via the Internet, visit our Corporate News on the Net page at http://www.businesswire.com/cnn/fmst.htm: or via fax, through the NewsOnDemand service, call 800-411-3989.