Genuine Parts Company Completes Acquisition of Remaining 70% of Exego Group and Announces 1st Quarter 2013 Earnings Release Date

 Genuine Parts Company Completes Acquisition of Remaining 70% of Exego Group
   and Announces 1st Quarter 2013 Earnings Release Date and Conference Call

PR Newswire

ATLANTA, April 2, 2013

ATLANTA, April 2, 2013 /PRNewswire/ --Genuine Parts Company (NYSE: GPC)
announced today that it has completed the purchase of the remaining 70% stake
of Exego Group for approximately $650 million (US$) in cash and the assumption
of approximately $160 million (US$) in net debt, effective April 1, 2013. The
purchase was financed using a combination of cash on hand and borrowings under
existing credit facilities. The Company had previously purchased a 30% stake
in the Exego Group on January 1, 2012, and had announced the pending agreement
to acquire the remaining shares on March 11, 2013.

(Logo: http://photos.prnewswire.com/prnh/20081002/CLTH108LOGO)

Exego Group, headquartered in Melbourne, Australia, is a leading aftermarket
distributor of automotive replacement parts and accessories in Australasia,
with annual revenues of more than $1 billion (US$) and a company-owned store
footprint of more than 430 locations across Australia and New Zealand.

The Company also announced today that it plans to release First Quarter
Earnings on April 19, 2013. Management will also conduct a conference call on
this date at 11:00 a.m. Eastern time. The public may access the call on the
Company's website, www.genpt.com, by clicking "Investor Services", or by
dialing 877-331-5106. The conference ID is 29857123. If you are unable to
participate during the call, a replay of the call will be available on the
Company's website or toll-free at 855-859-2056, ID 29857123, two hours after
the completion of the conference call until 12:00 a.m. Eastern time on May 4,
2013.

About Genuine Parts Company

Genuine Parts Company is a distributor of automotive replacement parts and
accessories in the U.S., Canada and Mexico. The Company also distributes
industrial replacement parts in the U.S., Canada and Mexico through its Motion
Industries subsidiary. S. P. Richards Company, the Office Products Group,
distributes business products nationwide in the U.S. and in Canada. The
Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic
components throughout the U.S., Canada and Mexico. Genuine Parts Company had
2012 revenues of $13.0 billion.

SOURCE Genuine Parts Company

Website: http://www.genpt.com
Contact: Carol B. Yancey, Executive Vice President and CFO - (770) 612-2044;
Sidney G. Jones, Vice President-Investor Relations - (770) 818-4628
 
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