Document zzxrb903ngQK5xogwgzwEqRaa

NAPA BOARD OF DIRECTORS MEETING October 17,1998 Waverly Hotel - Atlanta, Georgia During the report, it was noted since the previous meeting, the Board members had approved several new NAPA product lines and the discontinuation of several NAPA product lines. The changes were: Discontinued NAPA Product Lines NAPA Temp - Supplied by Cooper Automotive New NAPA Product Lines NAPA Temp - Supplied by Four Seasons NAPA Battery Service Equipment Supplied by Lincoln NAPA Battery Chargers - Supplied by Exide NAPA Tapered Roller Bearings Supplied by Timken NAPA Bearings - Added to Chicago Rawhide NAPA Oil Seals - Supplied by DANA NAPA Oil Seals - Supplied by Chicago Rawhide Powerglide Bearings - Supplied by L&S Powerglide Bearings - Supplied Chicago Rawhide SCF-NAPA-7180 TruStop Master Cylinders Power Brake Boosters Prior Remanufacturing Prior Remanufacturing A-1 CardOne United / A-1 Cardone NAPA Brake Fluid Pennzoil Balkamp United Light Duty Brake Drums Balkamp United Speedometer Cables BPE United / BPI Supplied by Brake Parts Inc. Balkamp Rainguard Wipers Trico NAPA Storm Vision Wipers Supplied by Balkamp NAPA Antifreeze Allied Signal & Valvoline Valvoline Only Remanufactured Clutches Rayloc Perfection Hy-Test NAPA Oil Bath Seals (HD) Dana Triseal Electrical (West Coast Mountain) APE Rayloc Power Electrical Mr. Handschuh recommended that the firm Skalitzky and Noonan, Ltd. be appointed to serve as auditors of NAPA for 1999. At the conclusion of the President's Report, a motion was made by Bob McKenna that this meeting and the actions taken since the previous meetings be deemed to serve as the Annual Meeting of the Corporation for 1999. The motion was seconded by Bob Susor and unanimously approved. Mr. McKenna moved that the Annual Meeting of the Board for 2000 be held at this time and place. Larry Prince seconded the motion and it was approved unanimously. Mr. Handschuh made a motion that Skalitzky and Noonan, Ltd! be appointed to serve as auditors of NAPA for 2000. It was seconded by Bob Breci and approved unanimously. Mr. McKenna asked for any old business to be brought before the Board and there was none. The Chairman then asked for any new business. There was none. Tom Gallagher made a motion to adjourn the meeting. It was seconded by Bob Susor and passed unanimously. The meeting was adjourned at approximately 1:15 pm. Respectfully submitted, President and Treasurer Unw_adminWata1\documenftadmin\corp\board\minut00.doc