Universal Technical Institute Declares Quarterly Cash Dividend

        Universal Technical Institute Declares Quarterly Cash Dividend

PR Newswire

SCOTTSDALE, Ariz., Sept. 5, 2013

SCOTTSDALE, Ariz., Sept.5, 2013 /PRNewswire/ -- Universal Technical
Institute, Inc. (NYSE: UTI), the leading provider of automotive technician
training, announced today that its board of directors approved a quarterly
cash dividend on UTI common stock of $0.10 per share, payable on September 30,
2013, to common stockholders of record as of September 20, 2013.

Safe Harbor Statement
All statements contained herein, other than statements of historical fact, are
"forward-looking" statements within the meaning of Section 21E of the
Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933,
as amended. Such statements are based upon management's current expectations
and are subject to a number of uncertainties that could cause actual
performance and results to differ materially from the results discussed in the
forward-looking statements. Factors that could affect the Company's actual
results include, among other things, changes to federal and state educational
funding, changes to regulations or agency interpretation of such regulations
affecting the for-profit education industry, possible failure or inability to
obtain regulatory consents and certifications for new or expanding campuses,
potential increased competition, changes in demand for the programs offered by
UTI, increased investment in management and capital resources, the
effectiveness of the recruiting, advertising and promotional efforts, changes
to interest rates and unemployment, general economic conditions of the Company
and other risks that are described from time to time in the Company's public
filings. Further information on these and other potential factors that could
affect the financial results or condition may be found in the Company's
filings with the Securities and Exchange Commission. The forward-looking
statements speak only as of the date of this press release. Except as
required by law, the Company expressly disclaims any obligation to publicly
update any forward-looking statements whether as a result of new information,
future events, changes in expectations, any changes in events, conditions or
circumstances, or otherwise.

About Universal Technical Institute, Inc.
Headquartered in Scottsdale, Arizona, Universal Technical Institute, Inc.
(NYSE: UTI) is the leading provider of post-secondary education for students
seeking careers as professional automotive, diesel, collision repair,
motorcycle and marine technicians. With more than 170,000 graduates in its
48-year history, UTI offers undergraduate degree, diploma and certificate
programs at 11 campuses across the United States, as well as
manufacturer-specific training programs at dedicated training centers. Through
its campus-based school system, UTI provides specialized post-secondary
education programs under the banner of several well-known brands, including
Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine
Mechanics Institute (MMI) and NASCAR Technical Institute (NASCAR Tech). For
more information visit www.uti.edu.

SOURCE Universal Technical Institute, Inc.

Website: http://www.uti.edu
Contact: John Jenson, Vice President, Corporate Controller, Universal
Technical Institute, Inc., (623) 445-0821
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