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To: Knighty Tin who wrote (95562)	4/18/2002 11:13:28 AM
From: yard_man	Read Replies (1) of 132070

thought this was good -- "we aren't really selling and neither should you" >>O'Reilly Family Announces ``Variable Prepaid Forward'' Transactions SPRINGFIELD, Mo.--(BUSINESS WIRE)--April 3, 2002--O'Reilly Automotive (Nasdaq:ORLY - news) announced today that certain members of the O'Reilly family have entered into ``Variable Prepaid Forward'' (VPF) transactions with Credit Suisse First Boston. The VPF transaction is essentially a tax deferred forward sale of O'Reilly Automotive shares with the retention of substantial future upside interest by such family members, if the stock price moves upward, over the next 3 to 5 years. The family chose a VPF transaction in order to demonstrate their continued confidence in the company while permitting them to diversify and monetize a portion of their investments at the same time. The O'Reilly family members involved in these transactions include retirees Charlie O'Reilly and Rosalie O'Reilly Wooten, as well as Larry O'Reilly, COO, and David O'Reilly, CEO. Also included are some of the children of the above as well as beneficiaries of certain trusts. The total number of shares of O'Reilly Automotive covered by these transactions is approximately 1.4 million. This amount represents less than 20% of the total number of shares owned by the participants in the aggregate. No individual family member is involving more than 200,000 shares in the transaction. The transaction is being handled by Credit Suisse/First Boston and a Form 144 is being filed with the SEC in compliance with Rule 144. <<

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