Genuine Parts Company Announces Acquisition of Drago Supply Company

ATLANTA--(Business Wire)--
Genuine Parts Company (NYSE: GPC) announced today that its
Industrial Parts Group, Motion Industries, has acquired Drago Supply
Company, a regional industrial supplies distributor headquartered in
Port Arthur, Texas. Drago Supply was founded in 1931 and currently has
eight locations in Texas, Arkansas and Louisiana. The Company expects
the purchase to generate annual revenues of approximately $75 million.

Thomas C. Gallagher, Chairman, President and Chief Executive
Officer of Genuine Parts Company, stated, "The acquisition of Drago
allows Motion Industries to continue its expansion in the industrial
supplies market, an area where we see significant growth
opportunities. Drago is a well-established company with an excellent
reputation among their industrial and commercial customer base
throughout the south central United States. Together, Motion
Industries and Drago are positioned to become a leading provider of
industrial supplies across the United States."

Forward Looking Statements

Some statements in this release, as well as in other materials we
file with the Securities and Exchange Commission ("SEC") or otherwise
release to the public and in materials that we make available on our
website, constitute forward-looking statements that are subject to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Senior officers may also make verbal statements to analysts,
investors, the media and others that are forward-looking.
Forward-looking statements may relate, for example, to our future
operations, prospects, strategies, financial condition, economic
performance (including growth and earnings), industry conditions and
demand for our products and services. The Company cautions that its
forward-looking statements involve risks and uncertainties, and while
we believe that our expectations for the future are reasonable in view
of currently available information, you are cautioned not to place
undue reliance on our forward-looking statements. Actual results or
events may differ materially from those indicated as a result of
various important factors. Such factors include, but are not limited
to, changes in general economic conditions, the growth rate of the
market for the Company's products and services, the ability to
maintain favorable supplier arrangements and relationships,
competitive product and pricing pressures, including internet related
initiatives, the effectiveness of the Company's promotional, marketing
and advertising programs, changes in laws and regulations, including
changes in accounting and taxation guidance, the uncertainties of
litigation, as well as other risks and uncertainties discussed from
time to time in the Company's filings with the SEC.

Forward-looking statements are only as of the date they are made,
and the Company undertakes no duty to update its forward-looking
statements except as required by law. You are advised, however, to
review any further disclosures we make on related subjects in our Form
10-Q, 10-K, 8-K and other reports to the SEC.

About Genuine Parts Company

Genuine Parts Company is a distributor of automotive replacement
parts in the U.S., Canada and Mexico. The Company also distributes
industrial replacement parts in the U.S. and Canada through its Motion
Industries subsidiary. S. P. Richards Company, the Office Products
Group, distributes business products nationwide in the U.S. and in
Canada. The Electrical/Electronic Group, EIS, Inc., distributes
electrical and electronic components throughout the U.S., Canada and
Mexico. Genuine Parts Company had 2007 revenues of $10.8 billion.

Genuine Parts Company
Jerry W. Nix, Vice Chairman and CFO
770-612-2048

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