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PetSmart Declares Quarterly Cash Dividend and Accelerates Dividend Payable Date to December 31, 2012

PHOENIX--(BUSINESS WIRE)--Dec. 10, 2012-- PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash dividend of sixteen and one-half cents ($0.165) per share. The Board of Directors of PetSmart approved the acceleration of the dividend payable date to December 31, 2012 to shareholders of record at the close of business on December 19, 2012. The fourth quarter dividend would normally be paid in February 2013 to shareholders of record at the close of business on February 1, 2013.

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 50,000 associates and operates more than 1,269 pet stores in the United States, Canada and Puerto Rico, over 195 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. Since 1994, PetSmart Charities, Inc., an independent 501(c)(3) non-profit animal welfare organization and the largest funder of animal welfare efforts in North America, has provided more than $165 million in grants and programs benefiting animal welfare organizations. Through its in-store pet adoption partnership with PetSmart Charities®, PetSmart has helped save the lives of more than 5 million pets.

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Source: PetSmart, Inc.

PetSmart, Inc.
Investor Relations, 623-587-2025