MEMPHIS, Tenn., Nov. 26 /PRNewswire-FirstCall/ -- AutoZone, Inc. (NYSE:
AZO). In response to questions regarding asbestos litigation disclosures by
Advance Auto Parts Inc. in its recent quarterly report on Form 10-Q filed with
the Securities and Exchange Commission, AutoZone, Inc. said that it has been
named as a defendant along with numerous others in an insignificant number of
lawsuits regarding the sale of friction products such as brake parts.
AutoZone, Inc., as a retail seller of auto parts, has never manufactured or
installed these products, does not believe it has material liability in these
cases, and will vigorously defend each case.
About AutoZone:
As of August 31, 2002, AutoZone sells auto and light truck parts,
chemicals and accessories through 3,068 AutoZone stores in 44 states plus the
District of Columbia, 39 AutoZone stores in Mexico and online at AutoZone.com.
AutoZone also sells automotive diagnostic and repair software through ALLDATA
and alldatadiy.com.
SOURCE AutoZone, Inc.
/CONTACT: Media, Ray Pohlman, +1-901-495-7962, or e-mail,
ray.pohlman@autozone.com, or Financial, Jay Cook, +1-901-495-7005, or e-mail,
jay.cook@autozone.com, both of AutoZone, Inc./