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MAIL BOXES ETC., INC.
GLOBAL HOME OFFICE

6060 Cornerstone Ct. West
San Diego, CA 92121-3795
(858) 455-8800
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Tel: (858) 455-8982
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MAIL BOXES ETC. APPOINTS FRANCHISING VETERAN AS NEXT PRESIDENT

Current Executive Vice President Stuart Mathis to assume leadership in October

For Immediate Release

SAN DIEGO (August 19, 2002) - Mail Boxes Etc. (MBE) today announced that Stuart Mathis, executive vice president of operations, has been named as the next president of the UPS subsidiary. Mathis will succeed President and CEO Jim Amos who is retiring at the end of September and will be honored as chairman emeritus.

Mathis, an experienced franchising professional, joined MBE in 2001 as executive vice president of operations. He came to MBE from Domino’s Pizza Inc., where he served for 14 years, climbing to the rank of executive vice president of franchise operations.

Mathis holds a bachelor’s degree in business administration from the University of Georgia and a master's degree in business administration from Georgia State University.

"MBE is fortunate to have a person with Stuart’s knowledge, experience and respect ready to assume leadership of our company," said Jim Amos. "We have an outstanding senior management team that is eager to work with Stuart to move MBE forward."

"We chose Stuart for this position based on his outstanding credentials as a seasoned franchising veteran," said Rocky Romanella, vice president of UPS Retail Services. "His leadership will be critical as UPS continues to develop a broad retail strategy, much of which will depend on the success of the MBE organization and its franchisees."

As executive vice president, Mathis is currently responsible for MBE center operations and support, including purchasing, training, and center design. Under his direction, MBE has brought greater efficiencies to the operational support function and enhanced the relationship with the company’s franchisees.

"Due to Jim Amos’s distinguished leadership, MBE is well positioned for continued success," said Mathis. "He has assembled an outstanding roster of executive talent. I look forward to continuing to work with this team as we take MBE to even higher performance levels."

Established in 1980, Mail Boxes Etc. (MBE), a UPS company, is the world's largest franchisor of retail postal and business services. There are more than 4,000 MBE locations worldwide, with master license agreements covering more than 75 countries. Entrepreneur magazine’s annual “Franchise 500” has rated MBE #1 in the postal and business services category for 12 consecutive years. In the United States, MBE locations are owned and operated by licensed franchisees of Mail Boxes Etc., Inc. Outside the United States, MBE locations are owned and operated by MBE master licensees or their franchisees. MBE maintains a Web site at http://www.mbe.com.

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