LKQ Corporation to Amend Senior Secured Credit Facility

LKQ Corporation to Amend Senior Secured Credit Facility

CHICAGO, April 29, 2013 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today
announced that it is in discussions with certain of its lenders and other
parties concerning proposed changes to its existing credit facility, which
changes, if agreed to by its lenders, are expected to include, among other
things, an increase in the aggregate amount available under LKQ's credit
agreement from $1.4 billion to approximately $1.7 billion ($1.25 billion under
the revolving credit facility and $450 million of term loan availability). The
Company expects the pricing of the amended facility to be similar to the
existing facility and anticipatesmodest modifications to the covenants which
could provide the Company with additional operating flexibility.

These discussions are still ongoing, so there are no assurances that these
discussions will be successful or that a definitive amendment will be executed
or that our credit facility will be increased or extended or as to the
specific terms of any amendment. The proposed amendment is subject to market
and other customary conditions and is expected to be consummated in May 2013.

About LKQ Corporation

LKQ Corporation is the largest nationwide provider of aftermarket, recycled
and refurbished collision replacement parts, anda leading provider of
recycled transmissions and remanufactured engines, all in connection with the
repair of automobiles and other vehicles. LKQ also has operations in the
United Kingdom, Canada, Mexico and Central America.

Forward Looking Statements

Certain statements in this press release that are not historical facts are
forward looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward looking statements generally
include expectations, beliefs, hopes, intentions or strategies regarding our
future, including with respect to proposed offering of the senior unsecured
notes and our ability to complete such offering. Forward looking statements
are subject to risks, uncertainties and other factors some of which are not
currently known to us. Actual events or results may differ materially from
those expressed or implied in the forward looking statements as a result of
various factors. Some of such risks, uncertainties and other factors are
described in our Form 10-K for the period ended December 31, 2012 and in our
Form 10-Q for the period ended March 31, 2013, and are described in other
periodic filings with the Securities and Exchange Commission. We assume no
obligation to publicly update any forward looking statement to reflect events
or circumstances arising after the date, on which it was made, except as
required by law.

CONTACT: Joseph P. Boutross
         LKQ Corporation
         Director, Investor Relations
         (312) 621-2793

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