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Orchard Supply Hardware Stores Corporation Announces Release Date For Fourth Quarter And Fiscal Year 2011 Financial Results And Conference Call

Orchard Supply Hardware Stores Corporation (Nasdaq:OSH), a specialty retailer focused on the consumer segment of the home improvement market, today announced that the Company will host a listen-only conference call on Thursday, April 26, 2012 at 4:30 p.m. eastern time to review fourth quarter and full-year fiscal 2011 financial results. The call will be hosted by Mark Baker, President and Chief Executive Officer and Chris Newman, Chief Financial Officer. A press release with fourth quarter and full-year 2011 financial results will be issued shortly after the market closes on Thursday, April 26, 2012.

To access the call, please dial (800) 295-4740 and enter passcode #21439806. A telephone replay will be available beginning at approximately 6:30 p.m. eastern time on April 26, 2012 through May 3, 2012. To access the replay, please dial (888) 286-8010 and enter passcode #94729134. The conference call will also be broadcast live at http://ir.osh.com and will be archived on the Company’s web site for 90 days.

About Orchard

Orchard Supply Hardware Stores Corporation (Nasdaq:OSH), through its wholly-owned subsidiary, Orchard Supply LLC, is a specialty retailer primarily focused on homeowners with repair, maintenance and improvement needs. Founded as a purchasing cooperative in San Jose in 1931, as of January 28, 2012, the Company operated 87 full-service hardware stores in California. The stores average approximately 44,000 square feet of enclosed retail space and approximately 8,000 square feet of exterior nursery and garden space, carrying a broad assortment of merchandise across three primary categories: repair and maintenance, lawn and garden and in-home products.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release (including information incorporated or deemed incorporated by reference herein) contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations, estimates, forecasts, and projections as well as the current beliefs and assumptions of the Company's management. Words such as "outlook", "believes", "expects", "appears", "may", "will", "should", “intend”, “target”, “projects”, “estimates”, “plans”, “forecast”, “is likely to”, "anticipates", or the negative thereof or comparable terminology, are intended to identify such forward looking statements. Any statement that is not a historical fact, including estimates, projections, future trends and the outcome of events that have not yet occurred, is a forward-looking statement. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore actual results may differ materially and adversely from those expressed in any forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, factors discussed under the section entitled "Risk Factors" in the Company's reports filed with the Securities and Exchange Commission. Many of such factors relate to events and circumstances that are beyond the Company's control. You should not place undue reliance on forward-looking statements. The Company does not assume any obligation to update the information contained in this press release.

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