London

Pet Valu, Inc. is a specialty retailer of pet food and pet-related supplies. As of April 2006, it had about 350 stores located throughout Ontario, Manitoba, Maryland, Virginia, Pennsylvania, New Jersey and Delaware. The Canadian stores operate under the names PET VALU®, PET VALU BETTER PET NUTRITION® and PAULMAC'S PET FOOD®, and together comprise the largest retail operation in Canada dedicated to the sale of food and supplies for dogs, cats, caged birds, wild birds, fish and small animals. Pet Valu, Inc. offers over 7,000 products, including national and premium brands of pet foods, private label pet foods and pet supplies, purchased from over 200 suppliers in 10 countries. The products are purchased, warehoused and distributed to all franchised and corporate stores through Peton Distributors Inc., a wholly owned subsidiary of Pet Valu Canada Inc.