FOR IMMEDIATE RELEASE                       MEDIA:
                                            Dee Uttermohlen
                                            Marketing Manager
                                            (614) 842-3017

                                            ANALYSTS:
                                            Poe Timmons
                                            VP, Corporate Controller
                                            (614) 842-3325


SAFELITE GLASS CORP. COMPLETES $50 MILLION EQUITY OFFERING

Columbus,  OH -- February 1, 1999 -- SAFELITE GLASS CORP.  announced today that,
on January 29,  1999,  it  completed  an  offering of 50,000  shares of Series A
Convertible  Participating  Preferred  Stock,  all of which  were  purchased  by
existing  stockholders at a price of $1000 per share.  The net proceeds from the
equity offering, together with the net proceeds from a $55 million bond offering
completed in December  1998,  were used to repay $61.4 million of term loans and
$35.0  million of  revolving  credit  loans under the  Company's  senior  credit
facilities, with no reduction to the revolving credit availability.

Founded  in  1947,   Safelite  is  the  largest  provider  of  automotive  glass
replacement  and repair services and claims  management  solutions in the United
States.  The Company operates two manufacturing  facilities,  four national call
centers, 76 automotive glass warehouses,  and 694 SAFELITE(R)  AUTOGLASS service
centers in all 50 states.

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