PetSmart Provides Update Regarding Board of Directors

  PetSmart Provides Update Regarding Board of Directors

 Gregory P. Josefowicz to Become Chairman of the Board of Directors Following
                       2013 Annual Stockholder Meeting

Business Wire

PHOENIX -- June 11, 2013

PetSmart, Inc. (NASDAQ: PETM) today announced an update to the Company’s Board
of Directors. The PetSmart Board of Directors has named Gregory P. Josefowicz
non-executive Chairman of the Board of Directors, effective following the 2013
Annual Stockholder Meeting. Mr. Josefowicz has served as a director since 2004
and as lead director since 2006. Bob Moran, Chairman and Chief Executive
Officer, will not stand for election as a director at the Company’s 2013
Annual Stockholder Meeting. As previously announced, David Lenhardt, current
President and Chief Operating Officer, will become the Chief Executive Officer
of PetSmart at that time.

“It is an honor and a privilege to serve as the next Chairman of the Board of
PetSmart. I am joined by seasoned members of the PetSmart Board, all of whom
are focused on enhancing shareholder value,” said Mr. Josefowicz. “On behalf
of the Board, we appreciate Bob’s service and contributions over the past 14
years. Both the Board and Bob agree that now is the right time for Bob to step
down from the Board and to move forward with the Company’s next phase of
growth and development.”

“David’s transition to the CEO role has been exceptionally smooth. As such, I
think it is in the best interests of the Company that I step aside and let
David put his own stamp on PetSmart,” said Mr. Moran. “PetSmart is
well-positioned and I am confident in the Company’s future under David’s
direction and leadership.”

About Gregory P. Josefowicz

Gregory P. Josefowicz, age 60, has been a Director of PetSmart since December
2004 and its Lead Director since 2006. From 1999 until his retirement in 2006,
Mr. Josefowicz served as a Director and President and Chief Executive Officer
of Borders Group, Inc., an international book and music retailer, and was
named Chairman of the Board in 2002. Mr. Josefowicz serves on the boards of
Roundy’s, Inc. and United States Cellular Corporation. During the prior five
years, Mr. Josefowicz served on the boards of Telephone and Data Systems, Inc.
and Winn-Dixie Stores, Inc.

About PetSmart

PetSmart, Inc. (NASDAQ: PETM) is the largest specialty pet retailer of
services and solutions for the lifetime needs of pets. The company employs
approximately 52,000 associates and operates more than 1,289 pet stores in the
United States, Canada and Puerto Rico, over 196 in-store PetSmart® PetsHotel®
dog and cat boarding facilities, and is a leading online provider of pet
supplies and pet care information (http://www.petsmart.com). PetSmart provides
a broad range of competitively priced pet food and pet products; and offers
dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp^SM day care
services and pet adoption services. Through its in-store pet adoption
partnership with PetSmart Charities®, PetSmart has helped save the lives of
more than 5 million pets since 1994. PetSmart Charities, Inc. and PetSmart
Charities of Canada, Inc. (“PetSmart Charities”) are independent, nonprofit
organizations that save the lives of homeless pets and reduce shelter intake
through spay/neuter efforts. In 2012, nearly 450,000 dogs and cats found homes
through the organization's adoption centers in all PetSmart stores and by
sponsoring community adoption events. PetSmart Charities is the leader in
granting money to help pets in need, with more than $28 million given in 2012
throughout North America.

Follow PetSmart on Twitter www.twitter.com/PetSmartTLC

Find PetSmart on Facebook www.facebook.com/PetSmart

Contact:

PetSmart
Investors:
Investor Relations, 623-587-2025
or
Media:
Michelle Friedman, 623-587-2108
 
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