$2.7 Million Brings Pets 'Hope' for the New Year

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PETCO and the PETCO Foundation wrapped up 2006 by raising over $2.7 million through their annual Tree of Hope fundraiser to benefit animal organizations nationwide.

There are thousands of animals across the country that will benefit from our store visitors' generosity. We're deeply grateful to be able to organize and distribute this collection effort each year on behalf of all of those animals who depend on us for their well-being

PETCO and the PETCO Foundation wrapped up 2006 by raising over $2.7 million through their annual Tree of Hope fundraiser to benefit animal organizations nationwide.

Seventy percent of the funds donated by PETCO's customers, associates and vendors during the five-week campaign will immediately go to the more than 4,000 animal organizations PETCO partners with in the communities they share. The remaining thirty percent will be provided to animal welfare organizations in the areas where the money was raised during the balance of the year.

The Foundation believes part of its success in raising money is tied to the fact that donors know their contributions stay in their communities, and it is one of the few pet retail-related fundraising organizations that takes this type of grassroots approach to supporting animal welfare.

"There are thousands of animals across the country that will benefit from our store visitors' generosity. We're deeply grateful to be able to organize and distribute this collection effort each year on behalf of all of those animals who depend on us for their well-being," says PETCO Foundation Vice President and Director Paul Jolly.

For more information on PETCO and the PETCO Foundation or to locate a store near you, visit http://www.PETCO.com.

PETCO is a leading specialty retailer of premium pet food, supplies and services with a commitment to quality animal care and education. PETCO's strategy is to offer its customers a complete assortment of pet-related products and services at competitive prices, with superior levels of customer service at convenient locations, by hiring pet lovers and training them to become counselors to our pet-loving customers. PETCO operates more than 800 neighborhood stores in 49 states and the District of Columbia, as well as a leading destination for on-line pet food and supplies at http://www.PETCO.com.

The PETCO Foundation, PETCO's non-profit organization, has raised more than $34 million since its inception in 1999. More than 4,200 non-profit grassroots animal welfare organizations from around the nation receive Foundation support. Through the PETCO Foundation, PETCO endeavors to be a community leader in promoting the welfare of companion animals and celebrating the human-animal bond.

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Rachel McLennan
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