Advance Auto Parts Inc. entered into the Fifth Supplemental Indenture, dated as of April 19, 2013 to the Indenture, dated as of April 29, 2010, among the company, Advance Stores Company, Incorporated, certain of Advance Stores' domestic subsidiaries, and Wells Fargo Bank, National Association, as trustee, to acknowledge the addition of one of Advance Stores' domestic subsidiaries as a Subsidiary Guarantor under the Indenture related to the company's 5.75% senior unsecured notes that were issued in April 2010 and 4.50% senior unsecured notes that were issued in January 2012. On May 27, 2011, the Company, as Guarantor, entered into a $750 million unsecured five-year revolving credit facility with Advance Stores, as Borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent. The 2011 Credit Agreement is guaranteed by the Company and certain domestic subsidiaries of Advance Stores, including its Material Subsidiaries pursuant to the Guarantee Agreement among the Company, Advance Stores, and its Material Subsidiaries in favor of the Agent for the lenders under the 2011 Credit Agreement. Pursuant to the Supplement No. 2 to Guarantee Agreement, dated as of April 19, 2013, one domestic subsidiary of Advance Stores has been added as a guarantor under the Guarantee Agreement.

Advance Auto Parts Inc. announced that its shareholders at the Annual General Meeting to be held on May 22, 2013 will consider and approve the proposal to amend the company's certificate of incorporation to eliminate supermajority voting requirements and to permit stockholders to call a special meeting.

Advance Auto Parts Inc. announced several organizational changes. George Sherman will be joining the company as President. In his role as President, Mr. Sherman will be responsible for growing Commercial and driving excellence throughout the company's operations. Mr. Sherman will lead the company's Commercial Sales, Field Operations, Store Operations Support, Merchandising, Marketing, Supply Chain and Ecommerce Teams. Most recently, Mr. Sherman served as Senior Vice President, Best Buy Services, which included leading the Geek Squad. Mr. Sherman will report to Darren Jackson, Chief Executive Officer and will relocate to Roanoke, VA. Charles Tyson, who currently serves as Senior Vice President, Merchandising and Marketing, has been promoted to Executive Vice President, Merchandising, Marketing and Supply Chain. Mr. Tyson joined Advance in 2008 as Senior Vice President, Merchandising and has been instrumental in improving the company's gross profit rate, strengthening its parts assortment and positioning the company as an industry leader in inventory availability. In his new role, Mr. Tyson will report to George Sherman, President. Jim Durkin, who currently serves as President, Auto part International, will assume the new role of Senior Vice President, Commercial Business. Mr. Durkin will be responsible for the company's Commercial Sales Team, Commercial Marketing and AI. Mr. Durkin will report to Mr. Sherman and will relocate to Roanoke, VA. All changes outlined above are effective April 21, 2013. Tammy Finley, who most recently served as Vice President, Employment Counsel and Government Affairs, has been promoted to the role of Senior Vice President, Human Resources, effective immediately. Ms. Finley will report to Darren Jackson, Chief Executive Officer and will continue to be based in Roanoke, VA. As a result of these changes, Darren Jackson, President and CEO will continue to operate as the company's chief executive officer and will focus on strategic and leadership development. Additionally, the role of chief operating officer, which is currently held by Kevin Freeland, has been eliminated. The role of Senior Vice President, Commercial Sales and Marketing, which is currently held by Donna Broome, has also been eliminated. Mr. Freeland and Ms. Broome will both remain with the company for a period of time to allow for a smooth transition of their leadership responsibilities.