ROCHESTER, N.Y., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Monro Muffler Brake, Inc. (Nasdaq:MNRO), a leading provider
of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend
of $.17 per share on the Company’s outstanding shares of common stock, including the shares of common stock to which the holders of
the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on September 1, 2016 to shareholders
of record at the close of business on August 22, 2016.
About Monro Muffler Brake
Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the
United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires,
Autotire, Tire Warehouse, Tire Barn, Ken Towery’s Tire and Auto Care, The Tire Choice and Car-X. The Company currently operates
1,070 Company stores in 26 states and is the franchisor of 132 Car-X stores in ten states. Monro's stores provide a full range of
services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance
services.
CONTACT: John Van Heel Chief Executive Officer (585) 647-6400 Robert Gross Executive Chairman (585) 647-6400 Catherine D’Amico Executive Vice President – Finance Chief Financial Officer (585) 647-6400 Investors: Effie Veres Media: Kelly Whitten FTI Consulting (212) 850-5600
