Lou Brown, Chairman of PACI, said, "The Board of Directors is pleased with the Company's continued progress and the prospects for continued growth."

Precision Auto Care, Inc.'s affiliate, Precision Franchising LLC, is one of the world's leading franchisors of auto care centers, with 379 operating centers as of November 13, 2008. The Company franchises Precision Tune Auto Care centers around the world.

Cautionary Statement: The statements in this press release contain forward-looking statements within the meaning of the Securities Act of 1933 or the Securities Exchange Act of 1934. These statements are based on the Company's current expectations, estimates and projections. Statements that are not historical facts are forward-looking statements and typically are identified by words like "believe," "anticipate," "could," "estimate," "expect," "intend," "plan," "project," "will" and similar terms. These statements are not guarantees of future performance, events or results and involve potential risks and uncertainties. Accordingly, actual results may differ from current expectations, estimates and projections. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that may impact the Company's actual results include: (i) business conditions and the general economy; (ii) the federal, state and local regulatory environment; (iii) increased competitive pressure in the automotive after-market services business; (iv) significant automotive technology advances; (v) management's ability to execute the Company's business plan; and (vi) the Company's ability to sell franchises in each state. Additional information concerning risks and uncertainties that could cause actual results to differ materially from those projected or suggested in the forward-looking statements is in the Company's postings to the Pink Sheets website for the year ended June 30, 2008. The forward-looking statements contained in this prospectus represent the Company's judgment as of the date of this prospectus, and you should not unduly rely on these statements.

                                            Three Months Ending September 30th

    000s except per share amounts

                                                       2008           2007
    Revenue                                           $3,207         $3,081
    Net (loss) income                                   $(6)           $191
    Diluted income per share                           $0.00          $0.01
    Shares outstanding - diluted                      28,994         29,044

SOURCE Precision Auto Care, Inc.

http://www.PrecisionTune.com

Lou Brown, Chairman of PACI, said "The Board of Directors continues to be pleased with the Company's operating results and the prospects for FY 2009. The Company's financial position is strong and looks better every quarter. The Board of Directors feels confident that the Company will grow in the upcoming year."

Precision Auto Care, Inc.'s affiliate, Precision Franchising LLC, is one of the world's leading franchisor of auto care centers, with 382 operating centers as of September 26, 2008. Precision Franchising LLC franchises Precision Tune Auto Care centers around the world.

Cautionary Statement: The statements in this press release contain forward-looking statements within the meaning of the Securities Act of 1933 or the Securities Exchange Act of 1934. These statements are based on the Company's current expectations, estimates and projections. Statements that are not historical facts are forward-looking statements and typically are identified by words like "believe," "anticipate," "could," "estimate," "expect," "intend," "plan," "project," "will" and similar terms. These statements are not guarantees of future performance, events or results and involve potential risks and uncertainties. Accordingly, actual results may differ from current expectations, estimates and projections. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that may impact the Company's actual results include: (i) business conditions and the general economy; (ii) the federal, state and local regulatory environment; (iii) increased competitive pressure in the automotive after-market services business; (iv) significant automotive technology advances; (v) management's ability to execute the Company's business plan; and (vi) the Company's ability to sell franchises in each state. Additional information concerning risks and uncertainties that could cause actual results to differ materially from those projected or suggested in the forward-looking statements are in the Company's postings to the Pink Sheets website for the year ended June 30, 2008. The forward-looking statements contained in this prospectus represent the Company's judgment as of the date of this prospectus, and you should not unduly rely on these statements.

                                                   Three Months Ending June 30

    000s except per share amounts

                                                     2008           2007
    Revenue                                          $ 3,369        $ 3,176
    Net income                                       $   162        $ 3,173*
    Diluted income per share                         $  0.01        $  0.11
    Shares outstanding - diluted                      29,006         29,060

    * Includes release of the valuation allowance of approximately
      $2.9 million for the three months ended June 30, 2007.


                                                  Twelve Months Ending June 30

    000s except per share amounts

                                                    2008           2007
    Revenue                                         $ 12,716       $ 12,072
    Net income                                      $    600       $  3,407**
    Diluted income per share                        $   0.02       $   0.12
    Shares outstanding - diluted                      29,056         29,118

    ** Includes release of the valuation allowance of approximately
       $2.9 million for the year ended June 30, 2007.

SOURCE Precision Auto Care, Inc.

http://www.PrecisionTune.com