The Pep Boys – Manny, Moe & Jack (NYSE:PBY),
the nation’s leading automotive aftermarket
retail and service chain, announced that its Board of Directors approved
the payment of the next quarterly dividend of $.0675 per share payable
on October 27, 2008 to shareholders of record on October 13, 2008. The
annual dividend of $.27 per share currently yields approximately 4.3%.
About Pep Boys
Pep Boys has over 560 retail stores and approximately 6,000 service bays
in 35 states and Puerto Rico. Along with its full-service vehicle
maintenance and repair capabilities, the Company also serves the
commercial auto parts delivery market and is one of the leading sellers
of replacement tires in the United States. Customers can find the
nearest location by calling 1-800 -PEP-BOYS or by visiting www.pepboys.com.
Pep Boys, Philadelphia
Investor Contact:
Ray Arthur,
215-430-9720
or
Media Contact:
Peter Robinson,
215-430-9553
http://www.pepboys.com
