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CSK Auto Corporation Announces Sale of Stock by the Investcorp Group.


Business Editors/Automotive Writers

PHOENIX--(BUSINESS WIRE)--Sept. 9, 2003

CSK Auto CSK Auto Inc. is the largest specialty retailer of automotive parts and accessories in the western United States and one of the largest retailers of such products in the entire country.  Corporation (NYSE NYSE

See: New York Stock Exchange
:CAO) today announced that entities associated with or organized by Investcorp, S.A. (the "Investcorp Group") have entered into agreements to sell an aggregate of three million shares of CSK Auto Corporation common stock that they hold in a registered offering and pursuant to Rule 144 of the Securities Act of 1933, as amended (the "Act").

Both the registered offering and the Rule 144 transactions are expected to close on Friday, September 12, 2003. The Company will not receive any proceeds from these sales. Upon completion of the sales, the Investcorp Group entities will continue to hold approximately 6.6 million shares or 14.5% of CSK Auto Corporation's outstanding common stock.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Copies of the written prospectus meeting the requirements of Section 10 of the Act relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the sale occurring through the registered offering may be obtained from the Company at 645 E. Missouri Ave., Suite 400, Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S.  85012, Attention: Don Watson Don Watson (born 1949) is an author and public intellectual, who was speechwriter to former Australian Prime Minister Paul Keating. He lives and works in Melbourne and lectures widely on writing and language.  602-265-9200.

CSK Auto Corporation is the parent company of CSK Auto, Inc., a specialty retailer in the automotive aftermarket. As of August 3, 2003, the Company operated 1,108 stores in 19 states under the brand names Checker Auto Parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
  • Air filter
  • Automobile self starter
  • Bell housing
  • Brakes
  • Bucket seat
  • Bumper
  • Buzzer
  • Battery
, Schuck's Auto Supply and Kragen Auto Parts.

Certain statements contained in this news release are forward-looking statements. These 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.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 9, 2003
Words:291
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