---

CSK Auto Corporation Amends its Senior Credit Facility

21 December 2000

CSK Auto Corporation Amends its Senior Credit Facility

    PHOENIX, Dec. 21 CSK Auto Corporation , the
parent company of CSK Auto, Inc., announced today that it has amended its
$545.7 million senior credit facility.  The amendment extends the term of the
existing $125 million revolving credit facility from October 31, 2001 to
October 31, 2002 and provides for more favorable financial covenant tests for
the remaining term of the entire senior credit facility.
    Borrowings under the senior credit facility will be priced subject to a
pricing grid that varies based upon the Company's reported Leverage Ratio, as
defined in the senior credit facility.  The current rate on the effective date
of the amendment will be LIBOR plus a spread of 300 basis points.  This
pricing is higher than the existing rates under the facility, but given
current conditions in the credit markets and the nature of the amendments that
have been secured, the Company believes that the rates are favorable.
Additionally, the spread can be reduced in the future as the Leverage Ratio is
reduced.
    The current consensus of analysts' estimates for the Company's fiscal 2001
earnings, as compiled by First Call, would be reduced by approximately
$0.12 per diluted common share as a result of the increase in interest
spreads.  Notwithstanding the estimated increase in interest expense, the
Company expects that the extension of this credit facility, combined with
forecasted operating performance, will produce sufficient free cash flow
during fiscal 2001 to invest in its future, support its operations and satisfy
its financing requirements.

    CSK Auto Corporation is the parent of CSK Auto, Inc., a specialty retailer
in the automotive aftermarket.  As of October 29, 2000, the Company operated
1,147 stores in 19 states under the brand names Checker Auto Parts, Schuck's
Auto Supply and Kragen Auto Parts.

    Certain statements contained in this release are forward-looking
statements.  They discuss, among other things, expected growth, future store
development and relocation strategy, business strategies, future revenues and
future performance.  The forward-looking statements are subject to risks,
uncertainties and assumptions, including, but not limited to, competitive
pressures, demand for the Company's products, the state of the economy,
inflation, consumer debt levels and the weather.  Actual results may differ
materially from anticipated results described in these forward-looking
statements.