Genuine Parts Company 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, effectiveApril 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 onJanuary 1, 2012, and had announced the pending agreement to acquire the remaining shares on March 11, 2013.

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.