MARKHAM, ON, May 12 /CNW/ - Pet Valu, Inc. (the "Company") announced
today that Tony Iordanis has resigned from the Boards of Directors of the
Company and its subsidiaries, Pet Valu Canada Inc. and Pet Valu International
Inc. and that Mr. Iordanis will not stand for re-election to the Boards of
Directors of the Company and its subsidiaries at the Company's Annual and
Special Meeting of shareholders ("AGM") on May 14, 2009. The remaining six
management nominees for election as directors, namely, Robert T. Kittel,
Thomas H. McNeely, Norman A. McPhedran, Thomas P. Muir, C. Ian Ross and
Michael D. Woollcombe, continue to stand for election at the AGM. The Boards
of Directors of the Company and its subsidiaries have taken action to reduce
the number of directors of each Company to six.
The Company and its Board would like to express their appreciation to Mr.
Iordanis for his many years of service to the Company.
Pet Valu is a specialty retailer and wholesaler of pet food and
pet-related supplies and a franchisor of pet food and pet-related supply
outlets. The TSX stock symbol for Pet Valu Canada Inc., Pet Valu, Inc.'s
publicly traded Canadian operating subsidiary, is PVC.
For further information:
For further information: Michael Fitzgerald, Secretary, (905) 946-1200,