news releases

PETCO Animal Supplies, Inc. today announced the pricing of a public offering of 280,000 shares of its common stock by selling stockholders at a price to the public of $32.10 per share. Affiliates of Leonard Green & Partners and Texas Pacific Group, who completed a sale of an aggregate of 5,000,000 shares of common stock earlier this week, are not participating in this sale. This sale is being made pursuant to a registration statement previously filed by the Company with the Securities and Exchange Commission. Lehman Brothers Inc. is the underwriter of the offering. PETCO will not receive any of the proceeds from the offering.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030603/PETCOLOGO )

Copies of the final prospectus supplement and related prospectus, when available, may be obtained from Lehman Brothers Inc., c/o ADP Financial Services, Integrated Distribution Service, 1155 Long Island Avenue, Edgewood, New York 11717.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A registration statement relating to these securities has been filed with and has been declared effective by the Securities and Exchange Commission.

SOURCE: PETCO Animal Supplies, Inc.