SOURCE: PetSmart

March 26, 2008 12:00 ET

PetSmart Declares Quarterly Cash Dividend

PHOENIX, AZ--(Marketwire - March 26, 2008) - PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash dividend of three cents ($0.03) per share. The dividend is payable May 16, 2008, to shareholders of record at the close of business on May 2, 2008.

PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 1,000 pet stores in the United States and Canada, a growing number of in-store PetSmart PetsHotel® cat and dog boarding facilities, and is a leading online provider of pet supplies and pet care information (www.petsmart.com). PetSmart provides a broad range of competitively priced pet food and pet products; and offers complete pet training, pet grooming, pet boarding, doggie day camp and pet adoption services. Since 1994, PetSmart Charities®, Inc., an independent 501(c)(3) non-profit animal welfare organization, has funded more than $70 million in grants and programs benefiting animal welfare organizations and, through its in-store pet adoption programs, has helped save the lives of more than 3 million pets.

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