HD Supply, Inc. Announces Extension of Exchange Offer for $675,000,000 11% Senior Secured Second Priority Notes Due 2020, $1,000,000,000 11.50% Senior Notes Due 2020 and $950,000,000 10.50% Senior Sub

ATLANTA -- (BUSINESS WIRE) -- HD Supply, Inc. (“HD Supply”) today announced that it has extended its offer to exchange (the “Exchange Offer”) $675,000,000 in aggregate principal amount of its 11% Senior Secured Second Priority Notes due 2020 (the “New Second Priority Notes”), $1,000,000,000 in aggregate principal amount of its 11.50% Senior Notes due 2020 (the “New Senior Notes”) and $950,000,000 in aggregate principal amount of its 10.50% Senior Subordinated Notes due 2021 (the “New Senior Subordinated Notes”), which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 11% Senior Secured Second Priority Notes due 2020 (the “Old Second Priority Notes”), 11.50% Senior Notes due 2020 (the “Old Senior Notes”) and 10.50% Senior Subordinated Notes due 2021 (the “Old Senior Subordinated Notes”), respectively.

The Exchange Offer was originally scheduled to expire at 5:00 p.m., New York City time, on March 6, 2013, unless extended. As of the close of business on March 6, 2013, $671,700,000 in aggregate principal amount of the Old Second Priority Notes, representing approximately 99.5% of the Old Second Priority Notes, were tendered in exchange for a like principal amount of the New Second Priority Notes, $998,127,000 in aggregate principal amount of the Old Senior Notes, representing approximately 99.8% of the Old Senior Notes, were tendered in exchange for a like principal amount of the New Senior Notes and $934,810,000 in aggregate principal amount of the Old Senior Subordinated Notes, representing approximately 98.4% of the Old Senior Subordinated Notes, were tendered in exchange for a like principal amount of the New Senior Subordinated Notes.

The new expiration date for the Exchange Offer is 5:00 p.m., New York City time, on March 8, 2013. Settlement of the Exchange Offer will is scheduled to occur on March 13, 2013. HD Supply’s offer to exchange $1,250,000,000 in aggregate principal amount of its 8⅛% Senior Secured First Priority Notes due 2019 which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 8⅛% Senior Secured First Priority Notes due 2019 expired at 5:00 p.m., New York City time, on March 6, 2013.

This press release does not constitute an offer to exchange the New Second Priority Notes for the Old Second Priority Notes, the New Senior Notes for the Old Senior Notes or the New Senior Subordinated Notes for the Old Senior Subordinated Notes, or the solicitation of an offer to exchange. The Exchange Offer is only being made pursuant to prospectuses and letters of transmittal that have been filed with the Securities and Exchange Commission as part of registration statements on Form S-4 which were declared effective by the Securities and Exchange Commission on January 31, 2013.

Requests for copies of the prospectus or other documents relating to the Exchange Offer should be directed to the applicable Exchange Agent, addressed as follows:

For Old Second Priority Notes:
By mail, hand or overnight courier:				By facsimile:				For information or confirmation by telephone:
Wilmington Trust, National Association c/o Wilmington Trust Company Corporate Capital Markets Rodney Square North 1100 North Market Street Wilmington, Delaware 19890-1626				(302) 636-4139				Sam Hamed (302) 636-6181

For Old Senior Notes and Old Senior Subordinated Notes:
By mail, hand or overnight courier:				By facsimile:				For information or confirmation by telephone:
Wells Fargo Bank, National Association 608 2nd Avenue South Minneapolis, MN 55402				(612) 667-6282				Corporate Trust Operations (800) 344-5128, Option 0

About HD Supply

HD Supply (www.hdsupply.com) is one of the largest industrial distribution companies in North America. Through a diverse portfolio of industry-leading businesses and more than 80 years of experience, the company provides a broad range of products and services to approximately 440,000 professional customers in the infrastructure, maintenance, repair and improvement, and specialty construction markets. With 630 locations across 46 states and nine Canadian provinces, the company’s 13,600 associates provide localized, customer-driven services including jobsite delivery, will call or direct-ship options, diversified logistics and innovative solutions that contribute to its customers’ success.