Ulta Beauty Announces Addition to Board of Directors

  Ulta Beauty Announces Addition to Board of Directors

             Michael R. MacDonald Appointed Independent Director

Business Wire

BOLINGBROOK, Ill. -- October 29, 2012

Ulta Beauty (NASDAQ:ULTA) today announced that Michael R. MacDonald, President
and Chief Executive Officer of DSW Inc. (NYSE: DSW), a leading branded
footwear and accessories retailer, has been appointed to its Board of
Directors, effective October 24, 2012.

Michael R. MacDonald joins the Ulta Beauty Board with more than 30 years of
experience in the retail industry, with expertise in merchandising, marketing,
store operations and finance. Prior to joining DSW Inc. in 2009, Mr. MacDonald
served for three years as Chairman and Chief Executive of ShopKo Stores, the
privately-held discount retailer. Prior to that, Mr. MacDonald spent sixteen
years with the department store Carson Pirie Scott (“CPS”), and with Saks
Incorporated (“Saks”) after it acquired CPS in 1998. He served in various
operating roles at Saks, including Chairman and Chief Executive Officer of
Saks’ Northern Department Store Group from 2000 to 2006. Prior to joining CPS,
Mr. MacDonald held financial positions with various other department stores,
including Chief Financial Officer of Marshall Field & Company from 1985 to

Dennis Eck, Ulta’s Non-Executive Chair, said, “We are delighted to welcome
Mike to Ulta Beauty’s Board. DSW shares many of the strengths of our company,
including a consistent track record of profitable growth, exciting future
growth potential, a vibrant rewards program and its guests’ passion and
enthusiasm for the brand. We look forward to Mike’s valuable insights and
expertise benefitting Ulta’s business.”

About Ulta Beauty

Ulta Beauty is the largest beauty retailer that provides one-stop shopping for
prestige, mass and salon products and salon services in the United States.
Ulta Beauty provides affordable indulgence to its customers by combining
unmatched product breadth, value and convenience with the distinctive
environment and experience of a specialty retailer. Ulta Beauty offers a
unique combination of over 20,000 prestige and mass beauty products across the
categories of cosmetics, fragrance, haircare, skincare, bath and body products
and salon styling tools, as well as salon haircare products. Ulta Beauty also
offers a full-service salon in all of its stores. As of July 28, 2012, the
Company operates 489 retail stores across 45 states and also distributes its
products through the Company’s website: www.ulta.com.


Ulta Beauty
Company Contacts:
Scott Settersten
Chief Financial Officer
(630) 410-4807
Laurel Lefebvre
Vice President, Investor Relations
(630) 410-5230
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