TRUE VALUE COMPANY ANNOUNCES THOMAS E. MARKERT NEW BOARD DIRECTOR

April 11, 2013

Thomas E. Markert brings business and retail expertise to co-op board

CHICAGO, April 11, 2013 – True Value Company announced today that Thomas E. Markert has been appointed to True Value Company’s board of directors. With more than 30 years of business and marketing experience, Markert has proven himself to be a progressive leader who is successful at shaping and implementing strategic direction.

“We are pleased to have Tom as a new board member,” said True Value Company Board Chairman Brent Burger. “His extensive experience in strategic planning and implementation will be an invaluable asset to True Value Company.”

Markert’s prior experience includes his role as the senior vice president of strategy and innovation at Office Depot, Inc. He has held leadership positions at ACNielsen, Citicorp and Procter & Gamble. In 2012, Markert co-founded Digital Tailwind, LLC., a full service digital marketing agency focused on helping large B2B and B2C clients attract and acquire new customers for their businesses.

Markert currently serves on the board of directors for State Auto Financial Corporation. Previous board experience includes the Sydney Kings (National Basketball League of Australia) and the American Chamber of Commerce in New South Wales, Australia. Markert is also the author of the bestseller, “You Can’t Win a Fight With Your Boss.”

About True Value Company
True Value Company, headquartered in Chicago, is one of the world’s largest retailer-owned hardware cooperatives. The True Value cooperative includes approximately 4,500 independent members worldwide who operate under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply. Additional information on True Value Company and its retail identities is available at www.truevaluecompany.com.