
                                                                    EXHIBIT 99.7

APS                                                  15710 JOHN F. KENNEDY BLVD.
                                                                       SUITE 700
                                                          HOUSTON, TX 77032-2347
                                                                  (713) 507-1100


FOR IMMEDIATE RELEASE


                        APS HOLDING CORPORATION ANNOUNCES
              SALE OF CERTAIN ASSETS TO AUTO PARTS EXPRESS, LLC

                       SALE WILL FURTHER REDUCE BANK DEBT

Houston, TX (January 11, 1999) -- APS Holding Corporation (OTC-BB: APSIQ)
announced today that it has entered into an agreement with Auto Parts Express,
LLC, for the sale of 4 distribution centers and the assets of 76 company-owned
stores. The proposed transaction, which is subject to bankruptcy court approval
and certain other conditions, is expected to realize approximately $30 million
and is anticipated to close by the end of January. The funds will be used by APS
to further reduce its bank debt.

The purchaser for the proposed sale, Auto Parts Express, LLC ("Auto Parts
Express"), will operate under the Big A brand name. The newly formed company
represents a team of current and former APS management, led by Mike Preston
Senior Vice President Sales/Company Stores/Marketing; Dave Barbeau - Senior Vice
President Operations; and Gene Lauver - former Senior Vice President and General
Counsel. The distribution centers to be acquired are located in Albany, New
York; Boston, Massachusetts; Charlotte, North Carolina; and East Moline,
Illinois.

According to Bettina M. Whyte, Chief Executive Officer of APS, "During the
pre-closing period, APS will continue to operate the assets and will operate its
business at these locations in the normal manner. Additionally, APS expects that
most of the affected employees will be offered positions with the acquiring
company."

APS is continuing to seek purchasers for its remaining assets and anticipates
filing a Plan of Reorganization that will seek to wind down the business in an
orderly fashion under Chapter 11 of the Bankruptcy Code.

APS Holding Corporation is a national distributor of Big-A brand and
manufacturer branded automotive replacement parts, as well as tools, equipment,
supplies and accessories. It sells to approximately 600 associated auto parts
stores through 9 distribution centers (including the 4 being sold as discussed
above) and operates approximately 153 company-owned stores (including the 76
being sold as discussed above) under the Big A and Big A Express trade names.
<PAGE>
This news release contains forward-looking statements that involve risks and
uncertainties. Actual results, events and performance could differ materially
from those contemplated by these forward-looking statements. Among the factors
that could cause actual results, events and performance to differ materially are
risks and uncertainties discussed in this news release and those detailed from
time to time in the Company's filings with the Securities and Exchange
Commission, including the Company's annual report on Form 10-K for the
fiscal-year ended January 31, 1998 and the Company's quarterly report on Form
10-Q for the quarterly periods ended April 25, 1998 and July 25, 1998 and in the
Company's other public reports and statements.



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CONTACT:
BSMG Worldwide
Mark Valenta
(212) 445-8263


