SOURCE: PetSmart

December 18, 2008 16:05 ET

PetSmart Declares Quarterly Cash Dividend

PHOENIX, AZ--(Marketwire - December 18, 2008) - PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash dividend of three cents ($0.03) per share. The dividend is payable Feb. 13, 2009 to shareholders of record at the close of business on Jan. 30, 2009.

PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 1,107 pet stores in the United States and Canada, 132 in-store PetSmart PetsHotels® 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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